Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Groupon, Inc. amended Amended and Restated Standstill Agreement with Pale Fire Parties.
- Action
- amendment
- Counterparty
- Pale Fire Parties
Exact text from the filing
Concurrently with the execution of the Backstop Agreement, the Company, the Backstop Party, Pale Fire Capital SE, Senkypl and Barta (together with Senkypl, the Backstop Party and Pale Fire Capital SE, the “Pale Fire Parties”) amended and restated that certain Standstill Agreement, dated March 30, 2023, by and among the Company and the Pale Fire Parties (the “Existing Standstill Agreement", as amended and restated, the “Amended and Restated Standstill Agreement”)
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Groupon, Inc. entered into Backstop Agreement with Pale Fire Capital SICAV a.s. valued at $80.0 million (effective 2023-11-09).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Pale Fire Capital SICAV a.s.
- Value
- $80.0 million
- Effective
- 2023-11-09
Exact text from the filing
On November 9, 2023, Groupon, Inc. (the “Company”) entered into a binding backstop agreement (the “Backstop Agreement”) with Pale Fire Capital SICAV a.s. (the “Backstop Party”), an entity affiliated with Dusan Senkypl, the Company’s Interim Chief Executive Officer and a member of the Company’s Board of Directors (the “Board”) (“Senkypl”) and Jan Barta, a member of the Board ("Barta"), in connection with the Company’s announced $80.0 million fully backstopped rights offering (the “Rights Offering”).
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