Brief: Appreciate Holdings Received Purported Notice From Vellar Opportunity Fund
01/05/2023 23:25
May 1 (Reuters) - Appreciate Holdings Inc SFR.O :
* APPRECIATE HOLDINGS - ON APRIL 25, RECEIVED PURPORTED
NOTICE
FROM VELLAR OPPORTUNITY FUND SPV LLC THAT PURPORTS TO TRIGGER
MATURITY CONSIDERATION
* APPRECIATE HOLDINGS INC - AMOUNT OF MATURITY CONSIDERATION
DEMANDED IS $6 MILLION IF PAID IN CASH
* APPRECIATE HOLDINGS - NOTICE SPECIFIES ALTERNATIVE NUMBER
OF
NEWLY ISSUED SHARES WHICH AMOUNT VARIES DEPENDING ON WHETHER
THEY ARE REGISTERED OR NOT
* APPRECIATE HOLDINGS INC - APPRECIATE HOLDINGS, INC.
DISPUTES
VALIDITY AND EFFECT OF NOTICE
Further company coverage: SFR.O
((Reuters.Briefs@thomsonreuters.com;))
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