Funr (FUNR)

[hardlesson]

"Certain Indemnities" ... meaning an Indemnification clause could be written into the Merger agreement/Documents...that promises to Indemnify, or compensate the Merging entity of any losses that either arise now or down the line as a result of pending litigation being settled. (All my words as a non-attorney spokesperson, lol)

A possible scenario that I see is that CUBV could hold part of the shell purchase price in escrow, to pay for the litigation when it settles. (IMO)

If the Merging entity is as interested to get this done as we are, I see it as a way around the pending litigation in the short-term. ?

I know we don't live in hypothetical world.

Luna, go easy on me. :)

hl

cubv

https://www.law.cornell.edu/wex/indemnify