Item 1.01. Entry into a Material Definitive Agreement.
On
• an Underwriting Agreement, datedMarch 1, 2021 , between the Company andCitigroup Global Markets Inc. , as representative of the underwriters named in Schedule I therein, which contains customary representations and warranties and indemnification of the underwriter by the Company; • a Private Placement Warrants Purchase Agreement, datedMarch 1, 2021 , between the Company andDHC Sponsor, LLC (the "Sponsor"), pursuant to which the Sponsor purchased 6,126,010 private placement warrants, each exercisable to purchase one Ordinary Share at$11.50 per share, subject to adjustment, at a price of$1.50 per warrant (the "Private Placement Warrants" and, together with the Public Warrants, the "Warrants"); • a Warrant Agreement, datedMarch 4, 2021 , between the Company andContinental Stock Transfer & Trust Company , as warrant agent (the "Warrant Agreement"), which sets forth the expiration and exercise price of and procedure for exercising the Warrants; certain adjustment features of the terms of exercise; provisions relating to redemption and cashless exercise of the Warrants; certain registration rights of the holders of Warrants; provision for amendments to the Warrant Agreement; and indemnification of the warrant agent by the Company under the agreement; • an Investment Management Trust Agreement, datedMarch 4, 2021 , between the Company andContinental Stock Transfer & Trust Company , as trustee, which establishes the trust account that will hold the net proceeds of the IPO and certain of the proceeds of the sale of the Private Placement Warrants, and sets forth the responsibilities of the trustee; the procedures for withdrawal and direction of funds from the trust account; and indemnification of the trustee by the Company under the agreement; 2
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• a Registration Rights Agreement, datedMarch 4, 2021 , among the Company, the Sponsor and certain equityholders of the Company, which provides for customary demand and piggy-back registration rights for the Sponsor, and customary piggy-back registration rights for such other equityholders, as well as certain transfer restrictions applicable to the Sponsor with respect to the Company's securities; • Letter Agreement, datedMarch 4, 2021 , among the Company, the Sponsor and each executive officer and director of the Company, pursuant to which the Sponsor and each executive officer and director of the Company has agreed to vote any Ordinary Share held by him, her or it in favor of the Company's initial business combination; to facilitate the liquidation and winding up of the Company if an initial business combination is not consummated within 24 months; to certain transfer restrictions with respect to the Company's securities; to certain indemnification obligations of the Sponsor; and the Company has agreed not to enter into a definitive agreement regarding an initial business combination without the prior consent of the Sponsor; • an Administrative Services Agreement, datedMarch 4, 2021 , between the Company and the Sponsor, pursuant to which the Sponsor has agreed to make available office space, secretarial and administrative services, as may be required by the Company from time to time, for$10,000 per month until the earlier of the Company's initial business combination or liquidation; and • an Indemnity Agreement, datedMarch 4, 2021 , between the Company and each of the officers and directors of the Company, pursuant to which the Company has agreed to indemnify each officer and director of the Company against certain claims that may arise in their roles as officers and directors of the Company.
The above descriptions are qualified in their entirety by reference to the full text of the applicable agreement, each of which is incorporated by reference herein and filed herewith as Exhibits 1.1, 10.1, 4.1, 10.2, 10.3, 10.4, 10.5 and 10.6 respectively.
Item 3.02. Unregistered Sales of
Simultaneous with the consummation of the IPO and the issuance and sale of the
Units, the Company consummated the private placement of 6,000,000 Private
Placement Warrants at a price of
Item 5.03. Amendments to Memorandum and Articles of Association.
On
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
1.1 Underwriting Agreement between the Company and Citigroup Global Markets
Inc.
3.1 Amended and Restated Memorandum and Articles of Association
4.1 Warrant Agreement between
the Company 3
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10.1 Private Placement Warrants Purchase Agreement between the Company and the
Sponsor
10.2 Investment Management Trust Account Agreement between Continental Stock
Transfer & Trust Company and the Company
10.3 Registration Rights Agreement among the Company, the Sponsor and certain
other equityholders named therein
10.4 Letter Agreement among the Company, the Sponsor and the Company's officers
and directors 10.5 Administrative Services Agreement between the Company and the Sponsor 10.6 Indemnity Agreement among the Company and the Company's officers and
directors 4
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