Prosus definition
Examples of Prosus in a sentence
Failure to vote by proxy or to vote in person (which would include presence at a virtual meeting) at the ▇▇▇▇▇▇▇▇▇ Special Meeting, abstentions and broker non-votes will have no effect on the Prosus PIPE Issuance Proposal.
On November 10, 2020, Prosus exercised the Option to subscribe for an additional 40,000,000 shares of ▇▇▇▇▇▇▇▇▇ Class A common stock in the Second Step Prosus Investment (or such number of shares as may be reduced pursuant to the Prosus Subscription Agreement).
Following completion of the Merger, the shares covered by registration rights could represent over 62% of the Post-Combination Company’s outstanding common stock, assuming both the First Step Prosus Investment and the Second Step Prosus Investment are consummated concurrently with the Merger, without giving effect to the Prosus Top-Up Right or the issuance of the Prosus Warrants and assuming no redemptions.
Acquiror has delivered to the Company a true, correct and complete copy of the fully executed the PIPE Subscription Agreement pursuant to which the Prosus Subscriber has committed, subject to the terms and conditions therein, to purchase shares of Acquiror Common Stock.
Reflects the recognition of a $0.2 million loss related to the settlement of the Prosus Subscription Agreement.
Service Recipient is an affiliate of Prosus Services B.V. and wishes to retain services of Service Provider.
Pursuant to the Prosus Subscription Agreement, the SuRo Subscription Agreement and the Lodbrok Subscription Agreement (as defined below), each of Prosus, SuRo and Lodbrok (as defined below) shall enter into a joinder, or otherwise become a party, to the Registration Rights Agreement.
The Sponsor and ▇▇▇▇▇▇▇▇▇’▇ directors and officers have agreed to vote the Founder Shares and any Public Shares owned by them in favor of the Prosus PIPE Issuance Proposal.
The Merger is conditioned upon the approval of the Prosus PIPE Issuance Proposal, subject to the terms of the Skillsoft Merger Agreement.
Signed at Amsterdam, The Netherlands on 27 May 2021 Witness for Prosus N.V. 1.