Examples of Target Business in a sentence
The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable).
Print Name of Target Business Authorized Signature of Target Business EXHIBIT B FORM OF VENDOR LETTER EUREKA ACQUISITION CORP Ladies and Gentlemen: Reference is made to the Final Prospectus of EUREKA ACQUISITION CORP (the “Company”), dated as of ______________, 2024 (the “Prospectus”).
The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.