Research

DTRT Health Acquisition Corp. (DTRT) Merger with Consumer Direct Holdings (Private)

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October 1, 2022 Increase by: Decrease by: Target’s closing cash Certain Advisor’s Expenses Credited expenses paid by Target Target’s closing indebtedness Target’s Working capital as compared to a working capital target Amount by which Target’s transaction expenses are less than (or greater than) $7 million *Denotes estimated figures by CPC #Reported as on June 30, …

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KINS Technology Group Inc. (KINZ) Merger with CXApp Holdings (Spin-Off)

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September 28, 2022 Target Termination Fee (plus interest) payable to SPAC if there is: Target’s breach of representations, warranties, covenant, agreement etc.Failure to obtain stockholder approval SPAC Termination Fee (plus interest) payable to SPAC if there is: Target’s breach of representations, warranties, covenant, agreement etc.Uncured breach by Sponsor of its obligations $2.00 million *Denotes estimated …

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Malacca Straits Acquisition Company Limited (MLAC) Merger with Indiev, Inc (Private)

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September 28, 2022 No. of Earnout shares Earnout Period Earnout Performance Milestone 5,000,000 12 months starting from first calendar quarter after closing Electric Vehicle Sales Target 400 or more at average price (pre-tax) of $55000 10,000,000 12 months starting from first Sales earnout year Electric Vehicle Sales Target 2000 or more at average price (pre-tax) …

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