secwatch.observer — SEC 8-K summary
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Issuer:     Orchestra BioMed Holdings, Inc. (OBIO)
CIK:        0001814114
Form:       8-K
Filed at:   2022-10-21T23:59:59+00:00
Accession:  0001213900-22-065563
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HSAC2 amends backstop and forward purchase agreements with RTW Funds for Orchestra deal
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- Per-share purchase price under both agreements capped at the shareholder redemption price (not exceeding $10.00).
- RTW Funds agree not to vote shares purchased under these agreements in favor of the business combination.
- RTW Funds waive redemption rights for those shares in connection with the vote to approve the combination.
- Amendments executed on October 21, 2022, modifying the July 4, 2022 agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814114/000121390022065563/0001213900-22-065563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814114/000121390022065563/ea167391-8k425_health.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-065563

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer