Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Research Solutions, Inc. entered into Agreement of Merger and Plan of Reorganization with Scite, Inc. valued at Closing Consideration consisting of cash, stock, debt payoff, escrow, holdbacks, and earnout up to $ (effective 2023-11-24).
- Action
- entry
- Agreement
- merger
- Counterparty
- Scite, Inc.
- Value
- Closing Consideration consisting of cash, stock, debt payoff, escrow, holdbacks, and earnout up to $
- Effective
- 2023-11-24
Exact text from the filing
On November 24, 2023, Research Solutions, Inc., a Nevada corporation (the “ Registrant ”), Research Solutions Acquisition 2, LLC, a Delaware limited liability company and a wholly-owned subsidiary of the Registrant (“ Merger Sub ”), Scite, Inc., a Delaware corporation (“ Scite ”), and Shareholder Representative Services LLC, a Colorado limited liability company, solely in its capacity as the representative, agent and attorney-in-fact of Scite’s securityholders (the “ Stockholder Representative ”), entered into an Agreement of Merger and Plan of Reorganization (the “ Merger Agreement ”), pursuant to which Scite will merge with and into Merger Sub (the “ Merger ”), with Merger Sub continuing its existence under the name “Scite, LLC” (the “ Surviving Entity ”) as the surviving entity after the Merger and a wholly-owned subsidiary of the Registrant.
View on SEC.gov