The document discusses the potential liabilities of stockholders under the Delaware General Corporation Law (DGCL) in the event of a company's dissolution without completing a business combination within 24 months. It outlines the procedures under Section 280 and 281(b) of the DGCL for limiting stockholder liability and the implications of not complying with these procedures. It also addresses the registration of shares issuable upon exercise of warrants under the Securities Act and the potential issues that may arise if registration is not completed.
documents/vol00010-efta01366323-pdf.pdf
{"document_type":"legal","key_locations":["Delaware"],"document_subtype":"corporate dissolution and stockholder liability","key_organizations":["Delaware General Corporation Law","NASDAQ","Delaware Court of Chancery","Securities Act","SEC"]}