The business combination is subject to the negotiation and execution of definitive documentation, as well as the approval by the shareholders of Prime and the Target, as well as regulatory approval and other customary closing conditions. Prime will grant shareholders of the combined company who elect not to redeem their shares prior to the completion of the business combination one warrant for every four shares not redeemed at the time of the transaction’s completion. Such warrants will be identical to the warrants included in the units issued in Prime’s IPO.Portfolio Highlights
Prime Acquisition Corp. To Merge With A Newly Formed Company In Proposed $200 Million Italian Commercial Real Estate Transaction
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