the Liquidation. The Company will issue non-interest bearing, unsecured promissory notes for an aggregate amount of $1,125,000 (and up to an additional $168,750 if the underwriters’ over-allotment option is exercised in full) to the Sponsor (the “Overfunding Loans”) for the purpose of overfunding the Trust Account.
Appears in 2 contracts
Sources: Underwriting Agreement (dMY Squared Technology Group, Inc.), Underwriting Agreement (dMY Squared Technology Group, Inc.)
the Liquidation. The Company will issue non-interest bearing, unsecured promissory notes for an aggregate amount of $1,125,000 900,000 (and up to an additional $168,750 135,000 if the underwriters’ over-allotment option is exercised in full) to the Sponsor (the “Overfunding Loans”) for the purpose of overfunding the Trust Account.
Appears in 1 contract
Sources: Underwriting Agreement (dMY Squared Technology Group, Inc.)