On July 14, 2023, PowerUp Acquisition Entered Into A Purchase Agreement With Srirama Associates And Powerup Sponsor; Under Agreement, Srirama Associates Will Purchase 4,317,500 Class A Ordinary Shares And 6,834,333 Private Placement Warrants From Sponsor
On July 14, 2023, PowerUp Acquisition Entered Into A Purchase Agreement With Srirama Associates And Powerup Sponsor; Under Agreement, Srirama Associates Will Purchase 4,317,500 Class A Ordinary Shares And 6,834,333 Private Placement Warrants From Sponsor
On July 14, 2023, PowerUp Acquisition Corp. (the "Company") entered into a purchase agreement (the "Purchase Agreement") with SRIRAMA Associates, LLC, a Delaware limited liability company (the "Acquirer") and PowerUp Sponsor LLC ( the "Sponsor"), pursuant to which the Acquirer will purchase from the Sponsor (x) 4,317,500 Class A Ordinary Shares and (y) 6,834,333 private placement warrants, free and clear of all liens and encumbrances (other than those contained in the Letter Agreement, dated February 22, 2022, by and among the Company, its officers, directors and the Sponsor, and the Underwriting Agreement, dated February 17, 2022, by and between SPAC and Citigroup Global Markets Inc., as representative of the several underwriters (the "Underwriting Agreement")), for an aggregate purchase price of $1.00 (the "Purchase Price") payable at the time of the initial business combination.
2023年7月14日，PowerUp 收購公司（“公司”）與特拉華州有限責任公司（“收購方”）SRIRAMA Associates, LLC和PowerUp Sponsor LLC（“贊助商”）簽訂了收購協議（“購買協議”），根據該協議，收購方將從發起人 (x) 4,317,500 股A類普通股和 (y) 6,834,333 份私募認股權證，不受公司、其高管、董事和公司之間的所有留置權和抵押權（2022年2月22日信函協議中包含的留置權和抵押權除外）SPAC與代表幾家承銷商的花旗環球市場公司於2022年2月17日簽訂的保銷協議（“承銷協議”），總收購價爲1.00美元（“收購價格”），初始業務合併時應支付的總收購價爲1.00美元（“收購價格”）。
譯文內容由第三人軟體翻譯。