other material
confidence high
sentiment neutral
materiality 0.40
Chain Bridge I sponsor agrees to reimburse trust up to $100K for dissolution expenses
Chain Bridge I
- Sponsor Fulton AC I LLC will fund up to $100,000 to cover dissolution costs if Company liquidates.
- Reimbursements to be deposited into trust account within two business days of request.
- Amount will increase distributable proceeds to Class A ordinary share holders upon dissolution.
- Agreement dated October 29, 2024; sponsor is not receiving any property or services in return.