Item 1.01 Entry into a Material Definitive Agreement.
Monocle intends to use the net proceeds of the FILO Facility to finance a portion of the cash consideration payable in the Business Combination.
The funding of the FILO Facility under the FILO Commitment Letter is contingent
upon the satisfaction of customary conditions. The FILO Facility will mature on
(a) the fourth (4th) anniversary of the closing date (the "Closing Date") of
Monocle's pending business combination with
The foregoing description of the FILO Commitment Letter does not purport to be complete and is qualified in its entirety by the terms and conditions of the FILO Commitment Letter, a copy of which is filed as Exhibit 10.1 hereto and incorporated by reference herein.
Item 7.01 Regulation FD Disclosure.
Attached as Exhibit 99.1 to this Current Report on Form 8-K is an investor presentation (the "Investor Presentation") that will be used by Monocle in making presentations to certain of its stockholders and other persons with respect to the Business Combination.
The information in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description 10.1 FILO Commitment Letter, datedJanuary 26, 2020 , by and among VeritasCapital Credit Funding, L.P. ,Monocle Acquisition Corporation and Monocle Holdings Inc. 99.1 Investor Presentation, datedJanuary 2020 .
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