UY Scuti Acquisition amends Isdera Group merger deal, sets company net value at $920 million
UYSC•UY Scuti Acquisition amended its merger deal with Isdera Group, setting the company’s net value at $920 million and updating closing consideration allocation schedules.
1. Merger deal amended
UY Scuti Acquisition executed a joinder agreement bringing Isdera Inc and Isdera Technology Limited into its merger deal with Isdera Group. A first amendment set the deal’s “Company Net Value” at $920 million, fixed a technical definition and updated the allocation schedules for closing consideration among Isdera Group shareholders.
