OACB definition
Examples of OACB in a sentence
Notwithstanding anything contained in this Agreement to the contrary, the Company expressly agrees that it shall publicly disclose and shall cause OACB to publicly disclose in the Current Report any information communicated to the Investor by or, to the knowledge of the Company, on behalf of the Company in connection with the transactions contemplated herein, which, following the date hereof would, if not so disclosed, constitute material, non-public information regarding the Company or its Subsidiaries.
The Company shall cause OACB to provide the Investor and its legal counsel a reasonable opportunity to comment on a draft of the Current Report prior to filing the Current Report with the SEC and shall give due consideration to all such comments.
The Company shall cause OACB to, on the fourth business day after the date of this Agreement, file with the SEC a Current Report on Form 8-K disclosing the execution of this Agreement by the Company and the Investor (including any exhibits thereto, the “Current Report”).
The Investor agrees that, in connection with OACB’s initial public offering of securities, OACB deposited a substantial part of the proceeds of the offering, and the proceeds from a private placement of warrants, into a trust account (the “Trust Account”).
From and after the filing of the Current Report with the SEC, the Company shall have and the Company shall have caused OACB to have publicly disclosed all material, nonpublic information delivered to the Investor (or the Investor’s representatives or agents) by the Company or any of its Subsidiaries, or any of their respective officers, directors, employees, agents or representatives (if any) in connection with the transactions contemplated by the Transaction Documents.
The Company and OACB have entered into an agreement to consummate the Business Combination.