Examples of New VWE Holdco in a sentence
Pursuant to the Transaction Agreement, no fractional shares of New VWE Holdco common stock will be issuable.
Base Merger Consideration is the number of shares of New VWE Holdco common stock determined by dividing the Base Merger Consideration Amount by $10 and rounding down to eliminate any fractional share.
Instead, all share amounts will be rounded down to the nearest whole share of New VWE Holdco common stock.
Since its organization, VWE has grown organically through brand creation and acquisitions and management expects New VWE Holdco to continue with such strategy following closing of the transactions; however, management has not specifically allocated general corporate purposes proceeds as at the date of this consent solicitation statement/prospectus.
Relates to (i) an estimated 35,000,0000 shares of New VWE Holdco common stock issuable as merger consideration and (ii) up to 5,726,864 shares of New VWE Holdco common stock issuable pursuant to the earnout provisions of the transaction agreement described herein, to holders of capital stock of Vintage Wine Estates, Inc., a California corporation (“VWE”), in connection with the transactions described herein.
Relates to (i) 36,000,000 shares of common stock, no par value per share (“New VWE Holdco common stock”), issuable upon the domestication to holders of Class A restricted voting shares of BCAC and (ii) 6,000,000 shares of New VWE Holdco common stock issuable upon the domestication to holders of Class B shares of BCAC.
Relates to 26,000,000 warrants to acquire shares of New VWE Holdco common stock (“New VWE Holdco warrants”), into which (i) 18,000,000 public warrants to acquire Class A restricted voting shares of BCAC and (ii) 8,000,000 founder’s warrants to acquire Class A restricted voting shares of BCAC will continue and remain outstanding on a one-for-one basis upon the domestication.
Relates to 26,000,000 shares of New VWE Holdco common stock issuable upon the exercise of 26,000,000 New VWE Holdco warrants.
The data on financial derivatives may be collected through the framework of the cen- tral bank’s MFS, and/or through surveys (see Appen- dix 7 for a model form for collecting data on financial derivatives).
No assurance can be given that any acquisition will be completed in the near future or at all.While it is currently anticipated that New VWE Holdco will use the funds in the BCAC escrow account as set forth above, New VWE Holdco may re- allocate these proceeds from time to time, giving consideration to its strategy relative to the market, development and changes in the industry and regulatory landscape, as well as other conditions relevant at the applicable time.