FUSION ACQUISITION CORP. II Fusion Acquisition Corp. II announced that it has entered into an subscription agreement with new investor, Polar Multi-Strategy Master Fund managed by Polar Asset Management Partners Inc., an unaffiliated third party of the Company, pursuant to which Polar agrees to make certain capital contributions from time to time, at the request of the Sponsor, subject to the terms and conditions of the Subscription Agreement on August 29, 2023. In exchange for the commitment of Polar to provide the Investor Capital Contribution, the company will issue shares of Class A common stock, par value $0.0001 per share.
The maximum aggregate Investor Capital Contribution is $1,000,000, with an initial Investor Capital Contribution of $800,000 available for drawdown within 5 business days of the Subscription Agreement. At the request of the sponsor, the Investor Capital Contribution may be increased by an amount up to $200,000.
