“Business Combination is also subject to customary closing conditions and a minimum cash condition that the funds that are in the Trust Account, together with the cash on Sizzle’s balance and the aggregate amount of gross proceeds from any subscription or investment agreement with respect to securities of Pubco entered into prior to Closing, equal $40 million, before payment of transaction expenses. As of the date of this proxy statement/prospectus, the parties to the Business Combination Agreement intend to obtain additional financing described in this condition with respect to Pubco, but there are currently no commitments for such additional financing. On July 4, 2023, for purposes of financing following the closing of the Business Combination, Pubco entered into an equity line of credit share purchase agreement and related registration rights agreement with GEM Global Yield LLC SCS and GEM Yield Bahamas Ltd., pursuant to which Pubco may issue up to $125,000,000 of Pubco Ordinary Shares following the closing of the Business Combination. For additional information, see “The Business Combination Proposal — Related Agreements — GEM Agreement.””
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Mkt cap ! $43.34M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 3.0¢ | $36.41K | 1.204M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 138010 | 3.1¢ |
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Price($) | Vol. | No. |
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3.2¢ | 274862 | 2 |
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3 | 138010 | 0.031 |
11 | 335074 | 0.030 |
5 | 290172 | 0.029 |
2 | 38928 | 0.028 |
3 | 272073 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 274862 | 2 |
0.033 | 243227 | 3 |
0.034 | 592660 | 4 |
0.035 | 267520 | 2 |
0.038 | 26315 | 1 |
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