Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / backstop-agreement-execution.docx
backstop-agreement-execution.docx
Parties
Harborstone Corporate Services Ltd
Ridgeway Capital Holdings LLC
Pinnacle Merger Sub Inc
Skybridge Fintech Ltd
Delaware General Corp
The Inc
Pinnacle Growth Acquisition Corp
Thayer LLP
Dates
April 14, 2025
October 17, 2023
March 31, 2025
July 21, 2025
July 18, 2025
October 14, 2025
January 14, 2026
April 28, 2025
December 31, 2024
May 5, 2025
Amounts
$300,000,000
$10.00
$312,600,000
$450,000,000
$200,000,000
$60,000,000
$40,000,000
$25,000,000
$150,000,000
$51,250,000
Obligations
2 — Other Definitional Provisions (a) Terms defined in the BCA and used but not otherwise defined herein shall have the respective meanings given to such terms in the BCA
(c) The headings and captions in this Agreement are inserted for convenience of reference only and shall not be considered a part of or affect the construction or interpretation of any provision of this Agreement
(d) The language used in this Agreement shall be deemed to be the language chosen by the Parties to express their mutual intent, and no rule of strict construction shall be applied against either Party
(b) The maximum aggregate purchase price payable by the Investor for the Backstop Shares shall not exceed the Maximum Backstop Amount of Fifty-One Million Two Hundred Fifty Thousand Dollars ($51,250,000)
If no shares are tendered for Redemption, the Investor shall have no obligation to purchase any shares hereunder, and no Incentive Shares (as defined in Article III) shall be issued
Time shall be of the essence with respect to the Investor's funding obligation under this Section 2