Wonderfi Technologies Inc Hauptforum Forum: Community User: Support
The Arrangement Agreement is subject to customary non-solicitation provisions and provides for a termination fee of C$10.7 million, which would be payable by WonderFi in certain circumstances, including in the context of WonderFi entering into a definitive agreement with respect to a superior proposal that is not matched by Robinhood. The terms and conditions for the making of a superior proposal and its complete definition are contained in the Arrangement Agreement. Under the Arrangement Agreement, a superior proposal generally requires a bona fide written acquisition proposal, that provides for an all-cash purchase price which is equal to or greater than 107% of the cash purchase price payable under the Arrangement Agreement and no financing condition.
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