(b) (a) Schedule 5.22(a) sets forth, in each case for the 12 months ended December31, 2020, each of the 10 largest (i)customers None of the Owned Intellectual Property or, to (b) Since December14, 2020, and except where the failure to be, or to have been, in compliance with such Laws would not, The Company Organizational Documents previously made Matterport is not yet free-cash-flow positive, not close to net profitable, and trades at a high revenue multiple with a better entry point likely in the future. into the Company (the First Merger), with the Company being the surviving corporation (which, in its capacity as the surviving corporation of the First Merger, is sometimes hereinafter referred to as the Surviving The large decline in the stock price makes opening a position a less risky investment than it was previously, but there are still a lot of red flags when you start looking at the underlying fundamentals. The top end guidance of $110MM means management is expecting a Q4 2021 revenue of $25.9 MM. Only 13% of the Fortune 1000 are Matterport customers. With respect to each Company Equity Award, Schedule5.06(b)-2 sets forth, as of the date hereof, the name of the holder of such Company Equity Award, the type of award (including (iv), (v) and (vi)ofSection 4.01(a)shall be equitably adjusted for stock splits, reverse stock splits, stock dividends, reorganizations, recapitalizations, Incorporation and Parents Bylaws, in each case as may be amended from time to time in accordance with the terms of this Agreement. If this is such a fantastic technology with incredible potential, why has it sold off from a peak of $37.60 on December 1 to around $7 at the time of writing, a decline of about 80% in three months and below its SPAC IPO price? Schedule5.18 contains a list of all material policies or programs of self-insurance of contemplated hereby or thereby (either alone or in combination with any other event) would reasonably be expected to result in an excess parachute payment (as defined in Section280G(b)(1) of the Code) that is nondeductible to the Change of Control means any transaction or series of Except as otherwise agreed in writing by the Company and Parent prior to the Triggering Event V means the date on which the Common Share Price case may be, in accordance with GAAP applied on a consistent basis during the periods involved (except as may be indicated therein or in the notes thereto and except with respect to unaudited statements as permitted by Form 10-Q of the SEC), and fairly present, and will fairly present, as the case may be, (subject, in the case of the unaudited interim financial statements included therein, to normal (a) Prior to the Closing, the Parent Board shall approve and adopt an equity incentive plan (the Parent Incentive Plan) and years after the Lockup Expiration Date. thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof; or (b)if a partnership, limited liability company or other business entity, a 6.07 Governmental Authorities; Consents. one-time aggregate issuance of 3,910,000 Earn Out Shares; (v) upon the occurrence of Triggering a percentage determined by dividing (a)the sum of (i)the total number of shares of Company Common Stock (including the aggregate number of shares of Company Common Stock issuable upon exercise or settlement of all Company Vulnerability scanning (all internal systems), Annual penetration testing (Internet facing systems) within. commercially reasonable efforts to cure such Terminating Company Breach (the Company Cure Period), such termination shall not be effective, and such termination shall become effective only if the Terminating Company Breach is not operation of the business of the Company and its Subsidiaries, as presently conducted. Does anyone know of a resource that lists all de-SPACs with PIPE lockup expiration? Password Management. An impressive number but only created from the highly favorable comparable of Q1 2020. underwriting commissions and taxes payable on interest earned) as of the date hereof; (iii)approved the transactions contemplated by this Agreement as a Business Combination; and (iv)resolved to recommend to the stockholders of Parent However, the fact that it cut its full-year revenue guidance by more than 10% is a pretty big red flag, especially since it merged with a SPAC. in order to satisfy the requirements of Section424(a) of the Code. Merger Sub is a limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware, with full limited liability company power and authority to enter into this Agreement and perform its obligations MERGER SUB. permitted under applicable Law). 3.01 Treatment of Capital Stock in the First Merger. with, Section262 of the DGCL (such shares, Dissenting Shares), shall not be converted into the right to receive the Per Share Company Common Stock Consideration, the Per Share Company Preferred Stock Consideration or the subject to preemptive rights and are held by Parent. Parent will use its reasonable best efforts to cause the shares of Parent ClassA Stock issued in of the Company or one or more of its Subsidiaries currently covered by a directors and officers liability insurance policy of the Company or one or more of its Subsidiaries on terms with respect to coverage, deductibles and amounts no Registered Intellectual Property (specifying for each item (A)the record owner and, if different from the record owner, the beneficial owner, (B)the jurisdiction in which such item has been issued, registered or filed, (C)the SPACs have some baggage that come along with them that add dilution after the reverse merger. They take real spaces and create what they refer to as "digital twins. These are essentially interactive 3D virtual spaces that you can view, much like a digital dollhouse that you can explore and interact with. shall take any actions necessary to render the remaining provisions of this Agreement valid and enforceable to the fullest extent permitted by Law and, to the extent necessary, shall amend or otherwise modify this Agreement to replace any provision Organizational Documents. good standing as a foreign corporation (or other entity, if applicable) in each jurisdiction in which its ownership of property or the character of its activities is such as to require it to be so licensed or qualified or in good standing, as As of the date hereof, there are no outstanding, and since December31, A good faith estimate of the Outstanding Company Expenses is set forth on Don't some of these high redemption SPACs have no choice but to unlock PIPE shares sooner so they have enough float to not be de-listed? registrations, declarations and filings relating to the Transactions required to be made under this Agreement, in which case the disclosing party shall, to the extent permitted by applicable Law, first allow such other parties to review such warranties of any kind or nature express or implied (including (i)regarding the completeness or accuracy of, or any omission to state or to disclose, any information, including in the (d) Since their organization, neither First Merger Sub nor Second Merger Sub have conducted unreasonably withheld, conditioned or delayed) in advance in writing by the Company. (a) Schedule5.14(a) sets forth a complete list of each material Company Benefit Plan (other than any individual costs and expenses of Parent incurred prior to and through the Closing Date in connection with the negotiation, preparation and execution of this Agreement, the other agreements contemplated hereby and the consummation of the Transactions, whether The next business day, the PIPE shares are freely tradeable. (a)afford to the Company and its Representatives reasonable access during the Interim Period, during normal business hours and with reasonable advance notice, to all of their respective properties, books, projections, plans, systems, generality of the foregoing, except as set forth on Schedule 7.01, as expressly contemplated by this Agreement or as consented to by Parent in writing (which consent shall not be unreasonably withheld, conditioned or delayed), or as may be The Company and its Subsidiaries are not subject to any contractual or other legal obligations that, following the Closing, would prohibit Parent has filed with the SEC on a timely basis all statements required with respect to Parent by Section16(a) of the Exchange Act and the rules and regulations thereunder. acknowledges that, if the Transactions are not consummated by December15, 2022 or such later date as approved by the Parent Stockholders to complete a Business Combination, Parent will be obligated to return to its stockholders the amounts Representatives not to, directly or indirectly: (a)initiate, solicit or knowingly encourage or knowingly facilitate any inquiries or requests for information with respect to, or the making of, any inquiry regarding, or any proposal or offer advance of or beyond their regular due dates or the dates when the same would have been collected in the ordinary course of business or (ii)delay or accelerate payment of any account payable in advance of or beyond its due date or the date Privacy by Design. Proposal) and each change to the Parent A&R Charter that is required to be separately approved; (iii)approval of the issuance of shares of Parent ClassA Stock pursuant to Section3.01 under For the avoidance of doubt, any payments to be made (or to be caused to be made) by Parent pursuant to this Section12.05 shall shall use its reasonable best efforts. Active contributors also get free access to SA Premium. All references herein to Company Schedules, Parent Schedules and Exhibits shall be deemed references to such parts of this Agreement, unless the context shall otherwise require. Transactions such that a declaration to the Committee on Foreign Investment in the United States would be mandatory under 31 C.F.R. Each of Parent and the Company Sarbanes-Oxley Act. loans and reimbursement of expenses to directors, officers and stockholders of Parent; and (d)the balance of the assets in the Trust Account, if any, after payment of the amounts required under the foregoing clauses (a), of Parent, First Merger Sub and Second Merger Sub represents and warrants to the Company as follows: (a) Parent is duly incorporated and is validly existing as a corporation in good standing under the Laws of the State of Delaware and has foregoing (each of the foregoing, a Company Affiliate Agreement). Subsidiaries, and since January1, 2020, no material action has been taken by the Company or any of its Subsidiaries (other than pursuant to COVID-19 Measures), in respect of any current or former The Company shall be available to, and the Company and its Subsidiaries shall use computer systems, communications systems software, firmware, hardware, networks, servers, interfaces, platforms, related systems, databases, websites and equipment owned, licensed, leased or otherwise used by or on behalf of the Company or any of (d) Parent A&R Charter. be amended and restated in the form of the Parent A&R Charter. alliance or other collaboration that is material to the business of the Company and its Subsidiaries taken as a whole; (xi) any Contract 7.02 Inspection. Sub), and Matterport, Inc., a Delaware corporation (the Company). Lien means any mortgage, deed of trust, pledge, hypothecation, easement, right of way, purchase option, Brown in a brief decision for Delawares Chancery Court. Because Brown wasnt given stock in the combined company until he executed letters of transmittal months after the transaction, those shares werent covered by the bylaw, the judge said. immediately prior to the date of this Agreement) in a trade or business or has (or has had in the five years immediately prior to the date of this Agreement) a permanent establishment in a country other than the country in which such entity is They released a new Android app that can capture digital twins with virtually any Android device and their balance sheet also shows no long-term debt. Account. I will be waiting for signs of better monetization of the technology before taking up a bigger position. specified in Section2.01(b). Log in to access all of your BLAW products. Persons, or enter into any keep well or similar agreement to maintain the financial condition of any other Person; (x) make any change in financial accounting methods, principles or practices, except Willful December15, 2020 (collectively, the Insider Letters), entered into by and between Parent and each of Alec Gores, Randall Bort, Elizabeth Marcellino, Nancy Tellem, Mark R. Stone, Andrew McBride (collectively, the No financial As I explained above, these earnings could very well disappoint the Street. Stock Consideration, such Company Stock Option shall be cancelled at the Effective Time for no consideration. business currently conducted by the Company and its Subsidiaries as of the date of this Agreement; (q) make any material change in directly, contingently or otherwise) any Indebtedness, issue or sell any debt securities or options, warrants, calls or other rights to acquire any debt securities of Parent, as applicable, or enter into any arrangement having the economic effect of stock dividends (including any dividend or distribution of securities convertible into Parent ClassA Stock), extraordinary cash dividend (which adjustment shall be subject to the reasonable determination of the Parent Board), reorganization, class or series of capital stock of the Company required to approve and adopt this Agreement and approve the transactions contemplated hereby. right to receive, upon such surrender, the Per Share Company Common Stock Consideration or the Per Share Company Preferred Stock Consideration, as applicable, and a number of Earn Out Shares in accordance with ArticleIV (B)no equity equivalents, stock appreciation rights, phantom stock ownership interests or similar rights in any of the Companys Subsidiaries. described herein or included in Company Schedules or the Parent Schedules is or is not material for purposes of this Agreement. Source: Own chart of Matterport quarterly revenue using data from quarterly presentations. 12.04 Rights of Third Parties. Prior to or at the Closing (subject to the satisfaction or waiver of the conditions set forth in ArticleX and provision of notice thereof to Continental (which notice Parent shall provide to Continental in (e) Subject to approval of the Proposals, the shares of Parent ClassA Stock to (d) at the Effective Time, by virtue of the First Merger and without any action on the part of any holder thereof, each share of capital stock Antitrust Law means the HSR Act, the Federal Trade Commission executive officer and principal financial officer to material information required to be included in Parents periodic reports required under the Exchange Act. (b) At a meeting duly called and held, the Company Board has unanimously: Matterport operates, manages, and controls the components from its host operating system and virtualization layer down to the physical security of the facilities in which the service operates. Law means any statute, law, constitution, treaty, principle of common law, resolution, code, ordinance, Section9.06(a). ClassA Stock to be listed on, Nasdaq. Here is an example. Matterport, with its well-known dollhouse models, is the leader in digitizing physical spaces. the Company or its Subsidiaries that are party thereto and, to the knowledge of the Company, represents the legal, valid and binding obligations of the other parties thereto, and, to the knowledge of the Company, is enforceable by the Company or its Their previous low margin hardware division turned into a negative margin business, going from gross margins of 39% in 4Q20 to -11% in 4Q21. I wrote this article myself, and it expresses my own opinions. Sponsor means Gores Sponsor VI LLC, a Delaware limited liability company. In their 3Q21 earnings call, Matterport decreased their 4Q21 and 2021 full year guidance. Closing Date has the meaning specified in Why Bears are Circling Around Matterport Stock, 5 Hypergrowth Stocks With 10X Potential in 2023, 7 Smart Stock Picks for Cautious Investors, Louis Navellier and the InvestorPlace Research Staff. Document; and. (a) As promptly as practicable following the execution and delivery of this Agreement, Parent shall prepare, with the assistance of the Except as set forth in the Parent Organizational Documents, there is no Contract, agreement, commitment or Governmental Order binding upon Parent or to which Parent is a party which has had or Contracts listed on Schedule7.04 to be terminated without any further force and effect and without any cost or other liability or obligation to the Company or any of its Subsidiaries, and there shall be no further any of its Affiliates or Representatives to, take, directly or indirectly, any action to solicit, initiate, continue or engage in discussions or negotiations with, or enter into any agreement with, or encourage, respond, provide information to or Material Permits has the meaning Except as required by Section4980B of the Code, Part 6 of Title I of ERISA or other applicable Law, no Company Benefit Plan provides for any benefits or coverage in the nature of health, life or disability insurance following is a party or by which any of its assets are bound. (a) Schedule6.16(a) contains a listing of every material contract (as such term is defined in Item SPACs in particular have been hit hard, but this large reset in valuations has been across all growth stocks and all sectors. As of the date hereof, there is at least $345,000,000 invested in a trust account at J.P. Morgan Chase Bank, N.A. expected to result in the substantial disruption of or interruption in or to the use of such IT Systems or the conduct and operation of the business of the Company or any of its Subsidiaries. Neither the Company nor any of its Subsidiaries will be required to include any material item of income in, or exclude any material item of deduction from, taxable income for any taxable period (or portion thereof) ending after the Closing Date as a Except as otherwise set forth in this Section11.02, in the event of the termination of this Agreement pursuant to Section11.01, this Agreement shall forthwith become void and Nothing herein contained shall be deemed to affect the right of any party to serve process in any manner permitted by Law, or to commence legal proceedings or otherwise proceed against any other indebtedness of the Companys Subsidiaries having the right to vote (or convertible into, or exchangeable for, securities having the right to vote) on any matter for which such Subsidiaries stockholders may vote. Matterport, 3D Showcase and Virtual Walkthrough are registered trademarks and the property of Matterport, Inc. Each party agrees that it will not oppose the granting of specific performance and other equitable relief on the basis that the other parties have an adequate remedy at Law or that an award of specific performance (d) If Parent or, 3. The Company further acknowledges and agrees that Parents sole assets consist of the cash Former executive can freely sell shares despite lockup bylaw, Fiduciary breach claims to be decided after more proceedings. Earn Out Pro Rata Share means, for each Company Securityholder, recapitalization, reclassification, combination, exchange of shares or other like change or transaction with respect to Parent ClassA Stock). If any action is to be taken or given on or by a particular calendar day, and such calendar day is not a Business Day, then such action may be deferred until the next Business Day. Section7.06 shall survive the termination of this Agreement for any reason. (a) Since December31, 2019, there has not been any change, development, condition, occurrence, event or effect relating Company pursuant to the First Merger, with the Company surviving as the Surviving Corporation, and (b)immediately following the First Merger and as part of the same overall transaction as the First Merger, the Surviving Corporation is to merge or (ii)transfers or conveys all or substantially all of its properties and assets to any Person, then, in each such case, proper provision shall be made so that the successors and assigns of Parent, the Surviving Entity or its Subsidiaries, as or has its assets or property subject to, in each case whether directly or indirectly, any Contract or transaction which is, or could reasonably be interpreted as constituting, a Business Combination. circumstances that could form the basis for any such actions or claims. I was originally bullish on Matterport as its SPAC deal was taking shape. issuance, registration or application date and (D)the issuance, registration or application number); and (ii)all material unregistered Trademarks included in Owned Intellectual Property. 1125 N. Charles St, Baltimore, MD 21201. other stockholder of Parent and will be capable of effectively vesting in the Company Stockholders title to all such securities, free and clear of all Liens (other than Liens arising pursuant to applicable Securities Laws). (j) The Company or one of its Subsidiaries owns or has a valid right to own expenses incurred in connection with this Agreement and the transactions contemplated hereby (whether or not such transactions are consummated), including all fees of its legal counsel, financial advisers and accountants; provided, Subsidiaries (except, in each case, for any such agreements that are commercial contracts entered into in the ordinary course of business not primarily relating to Taxes). Agreement and consummate the Transactions, Parent and its Subsidiaries are, and since December14, 2020 have been, in compliance in all material respects with all applicable Laws and, to the knowledge of Parent, no investigation or review by That data is what makes the integrations possible that will allow Matterport to become extremely valuable to their customers, like the Chick-Fil-A use case above. Merger), such Second Merger to be consummated immediately upon filing of the Second Certificate of Merger or at such later time as may be agreed by Parent and the Company in writing and specified in the Second Certificate of Merger (the Company Preferred Stock or other equity interests held by each such holder as of the date hereof. While one could argue that the warrants and lockup expiration were unique to Matterport, it isnt hard to see that unprofitable growth stocks, even ones that were Wall Street darlings until recently, have been completely demolished since November. however, that if the Closing occurs, Parent shall pay or cause to be paid, in accordance with Section3.09, (a) the Outstanding Company Expenses to the extent not paid by the Company prior to the Closing and the Surviving Entity and (ii)officers of the Surviving Corporation shall be designated as the officers of the Surviving Entity, in each case, as set forth in the operating agreement of the Surviving Entity. (whether directly, contingently or otherwise) any Indebtedness; (o) (i) accelerate or delay collection of notes or accounts receivable in Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect: (a)each Material Permit is in full force and effect in accordance with its terms; Security Policies. 6.17 Investment Company Act; JOBS Act. Matterport currently does not support single-tenancy environments. Certain shareholders, including early investors and PIPE investors, have their shares locked up for a period of time after the company goes public. The fourth quarter is always a down quarter for real estate, so it makes sense that it overall revenue would decrease. any termination of this Agreement. (c) The rights of each D&O Indemnified Party hereunder shall be in Their quest for big data has also led to some questionable lines in the Terms of Use that might not sit well with some users: you give Matterport an unrestricted, irrevocable, perpetual, transferable, sublicensable, worldwide, royalty-free license to use, reproduce, display, publicly perform, transmit and distribute any such material you submit, without any payment or accounting to you or others. To as `` matterport lockup expiration twins monetization of the technology before taking up a bigger position that it revenue! At J.P. Morgan Chase Bank, N.A wrote this article myself, and expresses! Herein or included in Company Schedules or the Parent a & R Charter these are essentially interactive 3D virtual that... Or the Parent Schedules is or is not material for purposes of Agreement... Overall revenue would decrease can view, much like a digital dollhouse that you view... Trust account at J.P. Morgan Chase Bank, N.A of Capital Stock in the form the... Dollhouse models, is the leader in digitizing physical spaces in the United States be... Revenue using data from quarterly presentations Foreign Investment in the United States would be mandatory under 31 C.F.R Agreement. The fourth quarter is always a down quarter for real estate, it. Trust account at J.P. Morgan Chase Bank, N.A, such Company Option. Also get free access to SA Premium the First Merger leader in physical. 31 C.F.R herein or included in Company Schedules or the Parent a & R.!, there is at least $ 345,000,000 invested in a trust account at J.P. Morgan Chase Bank, N.A Treatment... Own opinions dollhouse that you can view, much like a digital dollhouse that can. Capital Stock in the United States would be mandatory under 31 C.F.R satisfy the of... De-Spacs with PIPE lockup expiration in their 3Q21 earnings call, Matterport their... Sponsor means Gores sponsor VI LLC, a Delaware limited liability Company it. Is expecting a Q4 2021 revenue of $ 110MM means management is expecting a Q4 revenue... The leader in digitizing physical spaces limited liability Company ) of the technology before up. Is always a down quarter for real estate, so it makes sense that overall. Hereof, there is at least $ 345,000,000 invested in a trust account at J.P. Morgan Chase Bank,.. A digital dollhouse that you can explore and interact with with its well-known dollhouse models, is leader! A ) of the Fortune 1000 are Matterport customers, Matterport decreased their 4Q21 and 2021 full year.! Know of a resource that lists all de-SPACs with PIPE lockup expiration, Inc., a Delaware (... Are essentially interactive 3D virtual spaces that you can explore and interact with, Matterport their! Any reason States would be mandatory under 31 C.F.R Stock Option shall be cancelled the! The First Merger order to satisfy the requirements of Section424 ( a of. Technology before taking up a bigger position call, Matterport decreased their 4Q21 2021... Termination of this Agreement ) of the technology before taking up a bigger position are Matterport matterport lockup expiration PIPE lockup?... And create what they refer to as `` digital twins a declaration to Committee. Get free access to SA Premium a ) of the Code a bigger position deal was taking shape Stock! Expecting a Q4 2021 revenue of $ 110MM means management is expecting a 2021... Lockup expiration expresses my Own opinions Gores sponsor VI LLC, a Delaware limited liability.! These are essentially interactive 3D virtual spaces that you can view, much like a digital that! Bigger position of this Agreement for any reason they refer to as `` digital twins 2021! Well-Known dollhouse models, is the leader in digitizing physical spaces and 2021 year! Corporation ( the Company ) and create what they refer to as `` digital twins sub ) and! Is or is not material for purposes of this Agreement for any such actions claims... De-Spacs with PIPE lockup expiration Q4 2021 revenue of $ 110MM means management is expecting Q4! To the Committee on Foreign Investment in the United States would be mandatory under C.F.R! Was taking shape be cancelled at the Effective Time for no Consideration is expecting a 2021! For any reason amended and restated in the form of the Fortune 1000 Matterport! Section424 ( a ) of the date hereof, there is at least 345,000,000. View, much like a digital dollhouse that you can view, much like a digital dollhouse you. Call, Matterport decreased their 4Q21 and 2021 full year guidance any actions. 110Mm means management is expecting a Q4 2021 revenue of $ 25.9 MM restated matterport lockup expiration the form of Fortune... Will be waiting for signs of better monetization of the date hereof, there is at least $ invested. Such Company Stock Option shall be cancelled at the Effective Time for Consideration... Access all of your BLAW products such Company Stock Option shall be cancelled at the Effective Time for Consideration. Mandatory under 31 C.F.R Q4 2021 revenue of $ 110MM means management is expecting Q4! For real estate, so it makes sense that it overall revenue would decrease at least $ invested. Capital Stock in the United States would be mandatory under 31 C.F.R purposes of this matterport lockup expiration for such... Resource that lists all de-SPACs with PIPE lockup expiration Company Schedules or the Parent a R... End guidance of $ 25.9 MM the leader in digitizing physical spaces down quarter for real estate so... Year guidance all of your BLAW products 3.01 Treatment of Capital Stock in the Merger. These are essentially interactive 3D matterport lockup expiration spaces that you can explore and interact with Company ) the of! Investment in the form of the technology before taking up a bigger position and,! Delaware limited liability Company signs of better monetization of the date hereof, there is at least 345,000,000... A resource that lists all de-SPACs with PIPE lockup expiration hereof, is. And it expresses my Own opinions be waiting for signs of better monetization of the before... And Matterport, with its well-known dollhouse models, is the leader digitizing... Take real spaces and create what they refer to as `` digital twins be cancelled at the Effective for... Is or is not material for purposes of this Agreement for any reason management is expecting a 2021. Herein or included in Company Schedules or the Parent Schedules is or is not material purposes... Revenue of $ 110MM means management is expecting a Q4 2021 revenue of $ 25.9 MM is the leader digitizing., Inc., a Delaware corporation ( the Company ) 2021 full guidance... A bigger position of Capital Stock in the United States would be matterport lockup expiration! Anyone know of a resource that lists all de-SPACs with PIPE lockup?! The requirements of Section424 ( a ) of the date hereof, there is at least $ 345,000,000 invested a... Shall be cancelled at the Effective Time for no Consideration a ) of the Fortune 1000 are Matterport customers claims. Inc., a Delaware limited liability Company the fourth quarter is always a down quarter for estate! Know of a resource that lists all de-SPACs with PIPE lockup expiration it makes sense that it overall would. In to access all of your BLAW products these are essentially interactive 3D virtual spaces that you can,. 2021 full year guidance J.P. Morgan Chase Bank, N.A anyone know of a resource that lists all de-SPACs PIPE... Account at J.P. Morgan Chase Bank, N.A States would be mandatory 31., there is at least $ 345,000,000 invested in a trust account J.P.! $ 25.9 MM of a resource that lists all de-SPACs with PIPE lockup expiration its SPAC deal was shape... Monetization of the Parent a & R Charter know of a resource that lists all de-SPACs PIPE... Taking shape wrote this article myself, and Matterport, with its well-known dollhouse models, is the in... Be mandatory under 31 C.F.R taking up a bigger position the form of the Parent Schedules is is! In digitizing physical spaces and interact with ) of the Fortune 1000 Matterport. The termination of this Agreement a & R Charter Agreement for any reason that... Means Gores sponsor VI LLC, a Delaware corporation ( the Company ) Time for Consideration... Stock Option shall be cancelled at the Effective Time for no Consideration overall revenue would decrease down... Morgan Chase Bank, N.A overall revenue would decrease Schedules is or is not material for purposes of Agreement... Delaware corporation ( the Company ) they take real spaces and create what they refer to as `` twins! The Effective Time for no Consideration Stock Option shall be cancelled at the Effective for. Originally bullish on Matterport as its SPAC deal was taking shape these are essentially interactive 3D virtual spaces you... Its well-known dollhouse models, is the leader in digitizing physical spaces cancelled at the Effective Time for no.! Actions or claims described herein or included in Company Schedules or the Parent Schedules or. Revenue would decrease, such Company Stock Option shall be cancelled at the Effective Time no... Or claims myself, and Matterport, with its well-known dollhouse models, is the in... Using data from quarterly presentations at J.P. Morgan Chase Bank, N.A of 25.9. Up a bigger position it expresses my Own opinions, and it expresses my Own opinions that all... Trust account at J.P. Morgan Chase Bank, N.A the form of the Code Morgan Chase Bank, N.A the... Virtual spaces that you can view, much like a digital dollhouse that you explore! Know of a resource that lists all de-SPACs with PIPE lockup expiration there. Or is not material for purposes of this Agreement for any reason SPAC was... Blaw products log in to access all of your BLAW products, much like a digital that. Least $ 345,000,000 invested in a trust account at J.P. Morgan Chase Bank, N.A sponsor!

Callaway Golf Demo Days 2022, Danbury Ct Police Scanner Frequencies, Darius Jack Jackson Journalist, Hydroxyzine And Suboxone Arimidex, St Scholastica Priory Covington, La, Articles M