The document outlines the procedures and conditions under which public stockholders can exercise their redemption rights in connection with a business combination. It discusses the limitations on redemption rights to prevent stockholders from blocking business combinations, the process for tendering stock certificates, and the costs associated with the tendering process. It also compares these procedures to those used by other blank check companies and explains the irrevocability of redemption elections once a business combination is approved.
documents/vol00010-efta01366359-pdf.pdf
{"document_date":"2015-07-27","document_type":"legal","document_subtype":"SEC filing","key_organizations":["Depository Trust Company"],"reference_numbers":["DB-SDNY-0057885","SDNY_GM_00204069","EFTA01366359"]}