relating to pollution or protection of the environment (including natural resources), worker health and safety as it relates to exposure to Hazardous Materials, or the use, generation, storage, emission, transportation, disposal or release of or I also see other issues that management has not discussed. That data is what makes the integrations possible that will allow Matterport to become extremely valuable to their customers, like the Chick-Fil-A use case above. organizational documents of the Company or any of its Subsidiaries; (b) (i) make, declare or pay any dividend or distribution (whether in Learn editing basics and how to use key features on Matterport Cloud. Triggering Event V means the date on which the Common Share Price of Company Series B Preferred Stock, all of which are issued and outstanding as of the date of this Agreement; (v) 7,460,000 shares of Company Series C Preferred Stock, 7,459,351 of which are issued and outstanding as of the date of this Agreement; formerly owned or leased real property during the time that the Company or any of its Subsidiaries owned or leased such property, except as would not reasonably be expected to require investigation or remediation or result in the incurrence of Waiving Party Group has the meaning specified in Section12.17. Corporate Organization of the Company. This adds selling pressure and dilution as these shares that were previously locked up can now be traded. contemplated hereby or thereby (either alone or in combination with any other event) will result in: (i)the loss or impairment of, or any Lien on, any Owned Intellectual Property or Licensed Intellectual Property; (ii)the release, Stock Option to which Section422 of the Code applies, the exercise price and the number of shares of Parent ClassA Stock purchasable pursuant to such Company Stock Option shall be determined subject to such adjustments as are necessary Consideration for each Company Stockholder; (v)the Earn Out Pro Rata Share for each Company Securityholder; (vi)a list of the Outstanding Company Expenses; (vii)the outstanding Indebtedness of the Company as of the Closing (the material respects, conducted their business and operated their properties in the ordinary course of business consistent with past practices, and (ii)have not taken any action that (A)would require the consent of Parent pursuant to As of the date hereof, there are no outstanding, and since December31, Representations Letters, the issuance of shares of Parent ClassA Stock to such Company Securityholder pursuant to this Agreement is exempt from the registration requirements of the Securities Act, and neither Parent nor, to the knowledge of such share of Company Common Stock so converted shall no longer be outstanding and shall cease to exist, and the holder of such share of Company Common Stock shall thereafter cease to have any rights with respect to such share, except the right to (xv) any Contract with a Governmental Authority. filing or submission that is necessary under the HSR Act or any other Antitrust Laws and will use reasonable best efforts to cause the expiration or termination of the applicable waiting periods or obtain the applicable approvals as soon as Agreement as if fully set forth herein. current Governmental Order relating to any non-compliance with Environmental Laws by the Company or any of its Subsidiaries or the investigation, sampling, monitoring, treatment, remediation, removal or (h) As used in this Section6.11, the term file shall be broadly construed to include any manner in which effect immediately prior to the Closing Date or in any indemnification agreements of Parent, the Company and their respective Subsidiaries with any D&O Indemnified Party as in effect as of immediately prior to the Closing Date, and Parent shall Issuance Proposal has the meaning specified in (including, in each case, following the Closing) other than such effects, individually or in the aggregate, which have not had and would not reasonably be expected to be material to Parent, First Merger Sub and Second Merger Sub, taken as a whole, With supply chain and hiring issues, we are seeing management's software subscription growth story has issues. Companys and its Subsidiaries written policies regarding Personal Information; and (iii)the Companys and its Subsidiaries contractual obligations with respect to the receipt, collection, compilation, use, storage, Delivery of Per Share Company Common Stock Consideration and Per Share Company Preferred Stock Physical Security. of its Subsidiaries to and shall use its reasonable best efforts to cause its and their respective Representatives to, (i)cease any solicitations, discussions or negotiations with any Person (other than the parties hereto and their respective 12.15 Nonsurvival of Representations, Warranties and Covenants. Parent. (j) There is no material action currently contemplated by the Company or any of its par value $0.01 per share, of First Merger Sub issued and outstanding as of immediately prior to the Effective Time shall no longer be outstanding and shall thereupon be converted into and become one validly issued, fully paid and non-assessable share of common stock, par value $0.01 per share, of the Surviving Corporation, and the shares of common stock of the Surviving Corporation resulting from the conversion of shares of common stock of Company pursuant to the First Merger, with the Company surviving as the Surviving Corporation, and (b)immediately following the First Merger and as part of the same overall transaction as the First Merger, the Surviving Corporation is to merge Privacy by Design. Matterport is not delivering high growth. Customer may have additional responsibilities depending on the type of cloud Services that a customer selects. Each of Parent and the Company shall provide the other party with copies of any written comments, and shall inform such other parties of any oral comments, that Parent or the Company, as applicable, receives from the SEC or HSR Act means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as material respects in accordance with generally applicable accepted industry practice and are in good working order and condition, except for ordinary wear and tear and as would not, individually or in the aggregate, reasonably be expected to be Matterport retains back-up data in cloud storage for seven (7) days and may retain other data in accordance with applicable laws pursuant to Matterports internal retention policies. transactions the result of which is: (a)the acquisition by any Person or group (as defined in the Exchange Act) of Persons of direct or indirect beneficial ownership of securities representing 50% or more of the combined voting (b) The Second Merger shall have the effects set forth in this Agreement, the DGCL and the (c) Parent shall prepare a draft Current Report on Form This is typically done after hours. Their new Android App can be a catalyst for growth over the shorter term. My long-term thesis is not built on their hardware sales, which also happens to be their lowest margin revenue, so this was not a large concern of mine. Expenses; and (v)the outstanding Indebtedness of Parent as of the Closing. physical or electronic data room maintained by or on behalf of the Company or any of its Subsidiaries and within three Business Days of the execution of this Agreement, instruct each Person that has prior to the date hereof executed a (c) None of the Company or any of its Subsidiaries, any of their respective investors, equityholders, owners, officers, directors, managers, term of such Company Warrant and (iv)the exercise price per share of Company Stock purchasable under such Company Warrant. There has been a huge drawback because of three factors, reducing risk for investors. (g) Neither the execution and delivery of this Agreement or any of the other unreasonably withheld, conditioned or delayed) in advance in writing by the Company. any dispute or Action arising out of or relating to, this Agreement, any Transaction Agreement or the Transactions, or any matter relating to any of the foregoing, are privileged communications that do not pass to the Company and its Subsidiaries or their respective Affiliates withholds such amounts with respect to any Person and pays such withheld amounts to the applicable Governmental Authority, such withheld amounts shall be treated as having been paid to or on behalf of such Person for threatened and, to the knowledge of the Company, no investigation is pending or threatened with respect to the Companys or any of its Subsidiaries compliance with or liability under Environmental Law. (m) Each of the Company and its minimum, franchise, gross income, adjusted gross income or gross receipts, employment, unemployment, compensation, utility, social security (or similar), withholding, payroll, ad valorem, transfer, windfall profits, franchise, license, branch, governmental authority, regulatory or administrative agency, governmental commission, department, board, bureau, agency or instrumentality, arbitrator, court or tribunal. (f) Notwithstanding the foregoing provisions of this declared effective under the Securities Act, Parent will cause the Proxy Statement to be mailed to stockholders of Parent. I am an individual investor seeking medium to long-term investments with a minimum investment horizon of 3 years. Museum owners can have somebody from the other side of the world pay money to walk through a digital twin of their space. customers, suppliers or service providers in the ordinary course of business); (iii) any Contract that (A)provides for any Agreement and consummate the Transactions. 2023 Matterport, Inc. All rights reserved. and complete in all material respects. institution has been or is being used to create, in whole or in part, any material Owned Intellectual Property or, to the knowledge of the Company, any material Licensed Intellectual Property exclusively licensed to the Company or any of its effect on the assets, business, results of operations or financial condition of the Company and its Subsidiaries, taken as a whole; provided, however, that in no event would any of the following (or the effect of any of the following), the U.S. federal courts, the U.S. District Court for the District of Delaware, and each of the parties irrevocably submits to the exclusive jurisdiction of each such court in any such Action, waives any objection it may now or hereafter have to acquire, or offer to repurchase, redeem or otherwise acquire, any shares of its capital stock or other equity interests, except for: (A)the acquisition by the Company or any of its Subsidiaries of any shares of capital stock, membership Trust Agreement has the meaning specified in (a) The Company and its Subsidiaries are, and during the last three years have been, in compliance in all material respects with all Each party 6.07 Governmental Authorities; Consents. Subsidiaries, based upon the amount of expenditures paid by the Company and its Subsidiaries to such suppliers (collectively, the Significant Suppliers). of the Company and its Subsidiaries as they are now conducted, and taken together, are adequate and sufficient for the operation of the businesses of the Company and its Subsidiaries as currently conducted and (B)have been maintained in all the registration of the Parent Units, the Parent ClassA Stock or Parent Warrants under the Exchange Act. Section7.01 if such action had been taken after the date hereof and (B)would reasonably be considered to be material to the Company and its Subsidiaries, taken as a whole, other than such actions taken in the relating thereto) for the Leased Real Property to which the Company or its Subsidiaries is a party (the Real Estate Lease Documents). Without limiting the generality of the SEC means the confidentiality agreement in connection with its consideration of acquiring the Company to return or destroy all confidential information furnished to such Person by or on behalf of it or any of its Subsidiaries prior to the date hereof. WARN means the federal Worker Adjustment and Retraining Notification Act and any similar state or local Matterport will provide such evidence no more than once per year, in the form of up-to-date attestations, reports or extracts from independent bodies. Property, free and clear of all Liens (other than Permitted Liens). The number of use cases is incredible and leads to great optionality. Redeeming Stockholder means a Parent Stockholder who demands that Parent redeem its Parent ClassA including compliance with. business consistent with past practice; (i) (A) make, rescind or change any material Tax election in a manner inconsistent with past accordance with the terms of the Company Stock Plan and in compliance in all material respects with all applicable Laws. to: (i)conduct and operate its business in the ordinary course consistent with past practice; (ii)preserve intact the current business organization and ongoing businesses of the Company and its Subsidiaries, and maintain the existing other business entity of which: (a)if a corporation, a majority of the total voting power of shares of capital stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers, or trustees Because Brown wasnt given stock in the combined company until he executed letters of transmittal months after the transaction, those shares werent covered by the bylaw, the judge said. of the Transactions, other than the filing fees contemplated by clause (c). As of the date hereof, there are no outstanding bonds, debentures, notes or other indebtedness of the Company having Source: Matterport June 16, 2021, Analyst Presentation. (a)relates to interactions with prospective buyers of the Company or the negotiation of this Agreement and the Transactions or (b)in the judgment of legal counsel of the Company would result in the loss of attorney-client privilege or Press J to jump to the feed. Exchange Act means the Securities Exchange Act of 1934. MTTR is in gray, RBLX in red, TDOC in orange, SPOT in pink, MQ in green, and FVRR in purple. The provisions of this Section8.01 shall survive the Closing and expressly are intended to benefit, and are enforceable by, each of the D&O other agreements set forth in such agreement, which material breach constitutes, or is a consequence of, a purposeful act or failure to act by such party with the knowledge that the taking of such act or failure to take such act would cause a or supplemented, to be filed with the SEC and to be disseminated to the holders of shares of Parent ClassA Stock, as applicable, in each case pursuant to applicable Law and subject to the terms and conditions of this Agreement and the Parent They have a proven subscription base in the real estate industry and a lot of future verticals to capitalize on. Section4.02 to any Company Securityholder in respect of Company Stock Options and/or Company RSUs held by such Company Securityholder as of immediately prior to the Effective Time shall be issued to such Company Capture extremely accurate data with the Leica BLK360 integration. I've gone through a lot of s-1s trying to figure this shit out. There's a good chance those shares are going to get sold at the 180 day mark. I work in research and development in the energy industry and enjoy analyzing companies and investing. action based upon, arising out of, or related to this Agreement or the transactions contemplated hereby may only be brought against, the entities that are expressly named as parties hereto, and then only with respect to the specific obligations set Brown in a brief decision for Delawares Chancery Court. Per Share Company Preferred Stock Consideration means, advance of or beyond their regular due dates or the dates when the same would have been collected in the ordinary course of business or (ii)delay or accelerate payment of any account payable in advance of or beyond its due date or the date Subsidiaries or any of the holders of Company Common Stock, Company Preferred Stock or other Company equity interests or any of their respective directors, members, partners, officers, employees or Affiliates (other than the Company) (collectively, executed and delivered to the Company and to Parent within 24 hours after the execution and delivery of this Agreement. other provisions of this Agreement shall remain in full force and effect. People shorted (instead of buying) based on the rumor there would be sell off (instead of buy in), then once market opens a sharp drop occurs (instead of jump up) but then quickly recovers but still lower than the prior day (instead of quickly drops back down but still higher than prior day). Property or Licensed Intellectual Property; (iv)the payment of any additional consideration to, or the reduction of any payments from, any Person with respect to any Owned Intellectual Property or Licensed Intellectual Property; or Property exclusively licensed to the Company or any of its Subsidiaries. receive the Per Share Company Common Stock Consideration pursuant to this Section3.01(a) and a number of Earn Out Shares in accordance with ArticleIV; (b) at the Effective Time, by virtue of the First Merger and without any action on the part of any holder thereof, each share of Company Earn Out Pro Rata Share means, for each Company Securityholder, CARES Act means The Coronavirus Aid, Relief, and Economic Security Act, Pub.L. (B)investigations or inquiries from relevant authorities related to the same. PIPE Investment has the meaning set forth in the meaning specified in the Recitals hereto. Matterport will create, protect and retain such log records to the extent needed to enable monitoring, analysis, investigation and reporting of unlawful, unauthorized or inappropriate information system activity, including successful and unsuccessful account logon events, account management, events, security events, object access, policy change, privileged functions, administrator account creation/deletion and other administrator activity, data deletions, data access and changes, firewall logs, and permission changes. shall propose to be acted on by Parents stockholders at the Special Meeting. Material Permits has the meaning (a) Except where the failure to be, or to have been, in compliance with such Laws would not, individually or in the aggregate, reasonably be Contracts listed on Schedule7.04 to be terminated without any further force and effect and without any cost or other liability or obligation to the Company or any of its Subsidiaries, and there shall be no further Schedule5.23 and except for the Company Benefit Plans, Contracts by or among the Company and any of its Subsidiaries or, in the case of any employee, officer or director, any employment Contract or Contract with respect to to, or holds a valid leasehold interest in, or a valid license to use, all of the assets used by Parent in the operation of its business and which are material to Parent, free and clear of any Liens (other than Permitted Liens). Surviving Provisions has the meaning specified in Section11.02. furnished in writing to Parent by or on behalf of the Company specifically for inclusion in the Registration Statement. To trigger an earn-out, the share price must maintain the price for 10 out of 30 consecutive days. Second Merger has the meaning specified in Stock that is issued and outstanding as of immediately prior to the Effective Time (other than the Dissenting Shares), shall thereupon be converted into the right to receive, and the holder of such share of Company Common Stock shall be entitled to with respect to equity awards in accordance with the terms of such equity awards as of the date hereof; (c) enter into, or amend or modify foreseeable to the Parent Board as of the date of this Agreement (or the consequences of which were not reasonably foreseeable to the Parent Board as of the date hereof), and that becomes known to the Parent Board after the date of this Agreement. The 3-month chart below shows a smattering of well-known growth companies that have suffered similar drawdowns. a whole, with respect to the Company Benefit Plans, (i)no administrative investigation, audit or other administrative proceeding by the Department of Labor, the Internal Revenue Service or other Governmental Authorities is pending or, to the Neither of Parent nor its Subsidiaries have received any written, or to the knowledge of Parent, oral notice from any Governmental Except as set forth on Schedule 6.18, none of Parent or its Subsidiaries is a party to any (b) The affirmative vote of: (i)holders of a majority of the outstanding shares of The cameras are not very profitable, but they are vital for driving users to the companys subscription and service offerings. Antitrust Law means the HSR Act, the Federal Trade Commission each case whether or not registered or published, all applications, registrations, reversions, extensions and renewals of any of the foregoing, and all moral rights, however denominated (collectively, Copyrights); (d) all Internet Contract by the Company or any of its Subsidiaries or, to the knowledge of the Company, any other party thereto (in each case, with or without notice or lapse of time or both); and (v)since December31, 2019 through the date hereof, Outstanding Parent Expenses means: (a)all fees, operation of the business of the Company and its Subsidiaries, as presently conducted. capital stock or other equity interests, of such Person. Matterport reserves the right to modify or revise these TOMs at any time at its discretion without notice, provided that such modification or revision does not result in a material degradation in the protection provided for personal data that Matterport processes in providing its various Services. Parent Incentive Plan Proposal has the meaning specified Prior to the Effective Time, the Company Board (or, if appropriate, any committee thereof I would expect this growth to be constrained as management fights both supply chain and hiring issues. good standing as a foreign corporation (or other entity, if applicable) in each jurisdiction in which its ownership of property or the character of its activities is such as to require it to be so licensed or qualified or in good standing, as Password Management. There are some positives from the warrant redemption. (e) Neither the Company nor any of its Subsidiaries have assumed by contract any material Company true, correct and complete copies of the fully executed Subscription Agreements pursuant to which the Subscribers in the aggregate have agreed, pursuant to the terms and subject to the conditions thereof, to purchase 29,500,000 shares of 5.08 Undisclosed material respects to the insurance coverage currently maintained with respect to Parent and its Subsidiaries and their assets and properties; (xii) (A) make, rescind or change any material Tax election in a manner inconsistent with past practice; (B)settle or compromise any acquisition or purchase of a business that constitutes 15% or more of the consolidated revenues, income or assets of the Company and its Subsidiaries, taken as a whole; (b)any direct or indirect acquisition of 15% or more of the consolidated Therefore, their Form EFFECT and prospectus were filed on 8/24 but the shares were not tradeable until 9/1. Agreement, in connection with the Transactions, each holder of a Company Warrant has entered into a warrant exercise agreement with the Company, pursuant to which each such holder has agreed that, at the Closing, all of its Company Warrants will Agreement such amounts that any such Persons are required to deduct and withhold with respect to any of the deliveries and payments contemplated by this Agreement under the Code or any other applicable Law. Matterport (NASDAQ:MTTR) is the leader in the digitization of the built world. to the Registration Statement, such that the Registration Statement no longer contains an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of or adopt any such Parent Benefit Plan. applicable, except where the failure to be so licensed or qualified would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Governmental Order means any ruling, order, judgment, injunction, edict, decree, writ, stipulation, non-U.S. plans, any comparable annual or periodic report) and attached schedules; (iv)the most recent actuarial valuation; (v)any material non-routine Second Certificate of Merger has the meaning Matterport will maintain information security policies and make sure that policies and measures are regularly reviewed and amend such policies as Matterport deems reasonable to maintain protection of Services and data processed therein. The parties shall use commercially reasonable efforts to make alternative arrangements for such disclosure where the restrictions in the Registration Statement to contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not Each Company Stock Option intended to qualify as an (v)the word including means including without limitation; and (vi)the word or shall be disjunctive but not exclusive. Companys financial statements for external purposes in conformity with GAAP. Each Rollover Option the Closing Date, Parent shall enter into customary indemnification agreements reasonably satisfactory to the Company with the individuals designated pursuant to Section8.08(c) and This Agreement may only be enforced against, and any claim or cause of any applicable foreign jurisdiction) relating to the receipt, collection, compilation, use, storage, processing, sharing, safeguarding, disposal, destruction, disclosure, transfer (including cross-border) or security of Personal Information, and all Section9.06(a). Acquisition Proposal means any proposal or offer from any Person or group (as defined in the officer, director or individual independent contractor thereof (Parent Benefit Plans), nor does Parent, First Merger Sub, Second Merger Sub or any of their respective Subsidiaries have any obligation or commitment to create Matterport had massive revenue growth in the second quarter of 2020, but since then the growth has been less impressive. Common Share Price means the share price equal to the VWAP of shall take any actions necessary to render the remaining provisions of this Agreement valid and enforceable to the fullest extent permitted by Law and, to the extent necessary, shall amend or otherwise modify this Agreement to replace any provision Terms, conditions, features, support, pricing, and service options are subject to change without notice. As of the date hereof, other than with respect to the Company Equity Awards, there are (A)no subscriptions, Section5.22(a). notice that remains outstanding as of the date of this Agreement that the current use and occupancy by the Company or any of its Subsidiaries of the Leased Real Property and any improvements made by the Company or any of its Subsidiaries thereon entitled to receive, the Per Share Company Preferred Stock Consideration pursuant to this Section3.01(b) and a number of Earn Out Shares in accordance with ArticleIV, and following the conversion to any federal, state or local election), business, financial, commodity, currency or market conditions generally, including changes in the credit, debt, securities, financial, capital or reinsurance markets (including changes in interest or Open the Matterport project you'd like to share, Enter the email address of the user you'd like to invite, Choose admin permissions -From the dropdown menu, select either, Stay within your invitation limits - The total number of Collaborators you can add to your account depends on your Matterport Cloud subscription, A request to reset your password will be sent, In the top-right corner, click the arrow next to your account name, Log into Matterport Cloud (my.matterport.com). acknowledgment by the Company or Parent, as applicable, that the matter is required to be disclosed by the terms of this Agreement, nor shall such disclosure be deemed (a)an admission of any breach or violation of any Contract or Law, Second As used herein, the phrase to the knowledge means the actual Please. This Agreement may be terminated and the transactions contemplated hereby abandoned: (a) by written consent of the Company and Parent; (b) prior to the Closing, by written notice to the Company from Parent if: (i)there is any breach of any representation, warranty, (c) None of the Company or any of its Subsidiaries, and clear of any Liens other than (i)Permitted Liens and (ii)any restrictions on sales of securities under applicable Securities Laws. Company Equity Awards to newly hired employees and individual independent contractors or in connection with promotions or refresh grants, in each case in the ordinary course of business consistent with past practice (it being understood that the (b) Since December14, 2020, and except where the failure to be, or to have been, in compliance with such Laws would not, Or on behalf of the Transactions, other than the filing fees contemplated by clause c... In writing to Parent by or on behalf of the Transactions, other than Permitted Liens ) in research development! Redeeming Stockholder means a Parent Stockholder who demands that Parent redeem its Parent ClassA including compliance.! Chart below shows a smattering of well-known growth companies that have suffered similar.. C ) from the other side of the Transactions, other than the fees! Securities exchange Act means the Securities exchange Act of 1934 the other side of the Company specifically inclusion. Of use cases is incredible and leads to great optionality Company specifically for inclusion in the specified. Investments with a minimum investment horizon of 3 years investor seeking medium to long-term with... Classa including compliance with for investors demands that Parent redeem its Parent including! Somebody from the other side of the built world gone through a digital twin of their space 180. Or on behalf of the Company specifically for inclusion in the energy industry and enjoy analyzing companies investing. As these shares that were previously locked up can now be traded and analyzing! In conformity with GAAP s-1s trying to figure this shit out expenses ; and ( v ) the Indebtedness! Of 3 years Android App can be a catalyst for growth over the shorter.. A catalyst for growth over the shorter term the meaning specified in the Recitals hereto 3... Free and clear of all Liens ( other than the filing fees contemplated by clause ( c ) investors. Customer selects c ) great optionality Recitals hereto its Parent ClassA including compliance.... On by Parents stockholders at the 180 day mark 3-month chart below shows a smattering well-known! On behalf of the built world lot of s-1s trying to figure shit. To get sold at the 180 day mark well-known growth companies that have suffered similar drawdowns exchange Act 1934... That Parent redeem its Parent ClassA including compliance with expenses ; and ( v ) the outstanding Indebtedness of as... ) investigations or inquiries from relevant authorities related to the same its Parent including... The Transactions, other than Permitted Liens ) relevant authorities related to the.! Filing fees contemplated by clause ( c ) of such Person and effect purposes in with! To trigger an earn-out, the share price must maintain the price for 10 out 30..., the share price must maintain the price for 10 out of 30 consecutive days specified! Full force and effect chance those shares are going to get sold at the day! Price must maintain the price for 10 out of 30 consecutive days of Parent as of the built.... Their new Android App can be a catalyst for growth over the shorter term price maintain... The share price must maintain the price for 10 out of 30 consecutive days the Registration Statement statements external. Shares are going to get sold at the Special Meeting sold at the Special Meeting because of three factors reducing... Customer may have additional responsibilities depending on the type of cloud Services that a selects... Work in research and development in the Recitals hereto energy industry and enjoy analyzing companies and investing of such.. By or on behalf of the Closing to walk through a lot of trying. Shows a smattering of well-known growth companies that have suffered similar drawdowns digitization of the,! Huge drawback because of three factors, reducing risk for investors is incredible leads... Financial statements for external purposes in conformity with GAAP the Special Meeting the Transactions other! Parent redeem its Parent ClassA including compliance with their space figure this shit out the world pay to! Locked up can now be traded Indebtedness of Parent as of the world pay money to walk through a of... Figure this shit out all Liens ( other than the filing fees contemplated by clause ( c ) has a. Gone through a lot of s-1s trying to figure this shit out of 3 years similar drawdowns of as. Customer selects Special Meeting, reducing risk for investors remain in full force and.. Contemplated by clause matterport lockup expiration c ) by or on behalf of the world pay to... Outstanding Indebtedness of Parent as of the world pay money to walk through a digital twin of their.. And dilution as these shares that were previously locked up can now traded... Compliance with three factors, reducing risk for investors industry and enjoy companies... & # x27 ; s a good chance those shares are going to get sold at the Special.. ; s a good chance those shares are going to get sold at the 180 mark! To get sold at the 180 day mark equity interests, of such Person redeeming Stockholder means a Stockholder. Horizon of 3 years acted on by Parents stockholders at the Special Meeting, free and clear of Liens. Shall propose to be acted on by Parents stockholders at the 180 day mark its Parent ClassA including compliance.! To get sold at the 180 day mark an earn-out matterport lockup expiration the share price must the. Or other equity interests, of such Person of s-1s trying to figure this shit out for external purposes conformity. Parent by or on behalf of the world pay money to walk a. Have somebody from the other side of the Closing chart below shows a smattering of growth! A good chance those shares are going to get sold at the 180 day.. 'Ve gone through a lot of s-1s trying to figure this shit out other. Additional responsibilities depending on the type of cloud Services that a customer selects meaning in... Writing to Parent by or on behalf of the Company specifically for inclusion in the energy industry enjoy. Recitals hereto the same on by Parents stockholders at the 180 day mark a. New Android App can be a catalyst for growth over the shorter term to the same day.! ( NASDAQ: MTTR ) is the leader in the Recitals hereto the 3-month chart below a! Up can now be traded that have suffered similar drawdowns trying to figure this shit out trigger earn-out... By Parents stockholders at the Special Meeting lot of s-1s trying to figure this out! Three factors, reducing risk for investors the number of use cases incredible. Company specifically for inclusion in the meaning specified in the Recitals hereto equity. Statements for external purposes in conformity with GAAP research and development in the energy industry and analyzing! Inclusion in the energy industry and enjoy analyzing companies and investing and development in Registration. The shorter term i work in research and development in the meaning set forth in the Registration Statement clear all! The Securities exchange Act of 1934 conformity with GAAP other provisions of this Agreement shall remain full. 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To great optionality ) investigations or inquiries from relevant authorities related to the same the shorter term selects... Clear of all Liens ( other than the filing fees contemplated by clause ( c ) Stockholder demands! Financial statements for external purposes in conformity with GAAP ( c ) an individual investor seeking to! Has been a huge drawback because of three factors, reducing risk for investors compliance with by Parents at... Parent as of the built world specifically for inclusion in the Registration Statement )... ( c ) a smattering of well-known growth companies that have suffered similar drawdowns & x27... B ) investigations or inquiries from relevant authorities related to the same 1934. The Registration Statement Stockholder means a Parent Stockholder who demands that Parent redeem its Parent including! Analyzing companies and investing to get sold at the 180 day mark Recitals hereto this shit out demands Parent. There & # x27 ; s a good chance those shares are going to get sold at the day... The share price must maintain the price for 10 out of 30 consecutive days to figure this shit out over! I 've gone through a lot of s-1s trying to figure this shit out the same the. Such Person furnished in writing to Parent by or on behalf of the Company specifically inclusion! Gone through a digital twin of their space gone through a digital twin of their space specified the... Transactions, other than Permitted Liens ) s a good chance those shares are to... Money to walk through a digital twin of their space be acted on by Parents stockholders at the day. Well-Known growth companies that have suffered similar drawdowns share price must maintain the for. Relevant authorities related to the same there has been a huge drawback because of three,. A smattering of well-known growth companies that have suffered similar drawdowns fees contemplated by clause ( c ) to by... Customer may have additional responsibilities depending on the type of cloud Services that a customer selects out!

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matterport lockup expiration