Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / pipe-subscription-agreement-crestview.docx
pipe-subscription-agreement-crestview.docx
Parties
Pinnacle Venture Acquisition Corp
The Nasdaq Stock Market LLC
Pinnacle Merger Sub Inc
Helix Bio Therapeutics Inc
Helix Bio Therapeutics Holdings Inc
Birchwood Partners LLC
Pinnacle Venture Sponsor LLC
Dunn LLP
Dates
March 22, 2023
August 16, 2021
December 31, 2022
June 15, 2023
May 19, 2023
July 20, 2023
June 20, 2023
September 30, 2023
Amounts
$50,000,000
$10.00
$5,000,000
$20,000,000
$0.0001
$15,000,000
$2,100,000
$18,400,000
$11.50
$51,247,813.55
Obligations
Subject to the terms and conditions set forth herein, the Investor hereby irrevocably subscribes for and agrees to purchase from the Issuer one million five hundred thousand (1,500,000) shares (the "Subscribed Shares") of Class A common stock, par value $0
For the avoidance of doubt, the term "Class A common stock" as used herein shall refer to the Class A ordinary shares of the Issuer prior to the Domestication and the Class A common stock of Helix Bio Therapeutics Holdings Inc
following the Domestication, and the Subscribed Shares shall be shares of Class A common stock of the entity resulting from the Domestication
(a) The closing of the Subscription contemplated hereby (the "Closing") shall occur concurrently with, and shall be conditioned upon, the closing of the Business Combination (the "Business Combination Closing")
" (b) No later than one (1) business day prior to the anticipated date of the Business Combination Closing, the Investor shall deliver the Subscription Amount of Fifteen Million Dollars ($15,000,000) by wire transfer of immediately available funds to the account designated by the Issuer (or its designee), which Subscription Amount shall be held in escrow and released upon the occurrence of the Business Combination Closing
The Issuer shall provide wire transfer instructions to the Investor not less than five (5) business days prior to the anticipated Closing Date