Brief: Software Acquisition Group Inc Ii - Reevaluated Accounting Treatment Of 86 Million Redeemable Warrants Included In The Units Issued In IPO

Urgent.ly

28/04/2021 23:14

April 28 (Reuters) - Software Acquisition Group Inc II
 SAII.O :
    * SOFTWARE ACQUISITION GROUP INC II - REEVALUATED ACCOUNTING
TREATMENT OF 86 MILLION REDEEMABLE WARRANTS INCLUDED IN THE
UNITS ISSUED IN IPO
    * SOFTWARE ACQUISITION GROUP INC II - REEVALUATED ACCOUNTING
TREATMENT OF 5.2 MILLION WARRANTS ISSUED TO SPONSOR IN A PRIVATE
PLACEMENT
    * SOFTWARE ACQUISITION GROUP INC II - DETERMINED TO CLASSIFY
THE
WARRANTS AS DERIVATIVE LIABILITIES MEASURED AT FAIR VALUE

Source text for Eikon: [https://bit.ly/3vsRNYa]
Further company coverage:  SAII.O 

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