{"component": "definition", "props": {"groups": [{"snippet": "means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded \u201cspecial purpose acquisition company\u201d or its subsidiary (collectively, a \u201cSPAC\u201d), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.", "samples": [{"hash": "eUaFLNrlHrr", "uri": "/contracts/eUaFLNrlHrr#spac-transaction", "label": "Contribution and Exchange Agreement (Furneaux Carol)", "score": 32.4483222961, "published": true}, {"hash": "wvTvJTA2SB", "uri": "/contracts/wvTvJTA2SB#spac-transaction", "label": "Contribution and Exchange Agreement (RiverRoad Capital Partners, LLC)", "score": 32.4318962097, 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through the traditional initial public offering process. To the extent there is any inconsistency between this definition and the definition of \u201cSPAC Transaction\u201d in any other Loan Document, including, without limitation, the Warrants, this definition shall control. For the sake of clarity, a SPAC Transaction includes the Anticipated SPAC Transaction.", "samples": [{"hash": "k1MbmLv0dOe", "uri": "/contracts/k1MbmLv0dOe#spac-transaction", "label": "Loan and Security Agreement (Katapult Holdings, Inc.)", "score": 34.3552360535, "published": true}, {"hash": "hVjzg654vEf", "uri": "/contracts/hVjzg654vEf#spac-transaction", "label": "Loan and Security Agreement (Katapult Holdings, Inc.)", "score": 34.1827507019, "published": true}, {"hash": "5Kz64iB3dbd", "uri": "/contracts/5Kz64iB3dbd#spac-transaction", "label": "Loan and Security Agreement (Katapult Holdings, Inc.)", "score": 33.1998634338, "published": true}], "snippet_links": [{"key": "business-combination-transaction", "type": "definition", "offset": [8, 40]}, {"key": "parent-entity", "type": "definition", "offset": [79, 92]}, {"key": "newly-formed", "type": "definition", "offset": [98, 110]}, {"key": "holding-company", "type": "clause", "offset": [111, 126]}, {"key": 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exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.", "size": 398, "id": "spac-transaction", "examples": ["The covenants set forth in Subsection 4.1 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, Direct Listing or <strong>SPAC Transaction</strong>, as applicable, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon the closing of a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first."], "related": [["strategic-transaction", "Strategic Transaction", "Strategic Transaction"], ["ma-transaction", "M&A Transaction", "M&amp;A Transaction"], ["pawn-transaction", "Pawn transaction", "Pawn transaction"], ["restructuring-transaction", "Restructuring Transaction", "Restructuring Transaction"], ["void-transaction", "Void 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