Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
American Bitcoin Corp. amended Amendment No. 1 to the Support Agreement with Akerna Canada Ample Exchange Inc. and Akerna Canada Holdings Inc. (effective 2022-11-08).
- Action
- amendment
- Counterparty
- Akerna Canada Ample Exchange Inc. and Akerna Canada Holdings Inc.
- Effective
- 2022-11-08
Exact text from the filing
On November 14, 2022, Akerna Corp. (the “Company,” “we,” “our,” or “us”) entered into Amendment No. 1 to the Exchangeable Share Support Agreement (the “Amendment No. 1 to the Support Agreement”), effective November 8, 2022, pursuant to which certain provisions of the Exchangeable Share Support Agreement, dated as of July 7, 2020 (the “Support Agreement”), by and among the Company, Akerna Canada Ample Exchange Inc., a corporation existing under the laws of the Province of Ontario (“Exchangeco”), and Akerna Canada Holdings Inc., a corporation existing under the laws of the Province of Ontario (“Callco”), were amended to account for the reverse stock split of our common stock at a ratio of 20-for-1 (the “Reverse Stock Split”) that was effected on November 8, 2022.
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