Item 8.01. Other Events.
Pursuant to a letter dated March 31, 2023 from Nomura Securities International,
Inc. ("Nomura") to Jupiter Acquisition Corporation (the "Company"), Nomura
notified the Company that, among other matters, Nomura has waived its
entitlement to payment of any and all amounts of the Underwritten Deferred
Discount (as such term is defined in the Underwriting Agreement, dated as of
August 12, 2021 (the "Underwriting Agreement"), between the Company and Nomura,
as representative of the several underwriters named therein, included as Exhibit
1.1 to the Company's Current Report on Form 8-K filed with the Securities and
Exchange Commission on August 18, 2021) owed or payable to Nomura in accordance
with the Underwriting Agreement.
The Company continues to search for potential target companies to complete an
initial business combination, but there can be no assurance that such a
transaction will be completed.
1
© Edgar Online, source Glimpses