Item 1.01. Entry Into a Material Definitive Agreement
On May 20, 2021, Trident Acquisitions Corp. (the "Company") entered into
Amendment No. 5 to the Investment Management Trust Agreement, dated May 29,
2018, as amended (the "Trust Agreement"), between it and Continental Stock
Transfer & Trust Company (the "Trust Amendment"). Pursuant to the Trust
Amendment, the Company changed the vote required to, among other things, amend
the Trust Agreement for purposes of extending the date by which the Company has
to consummate a business combination from a majority of the outstanding shares
of common stock sold in the Company's initial public offering to a majority of
the outstanding shares of common stock.
The foregoing description of the Trust Amendment is not complete and is
qualified in its entirety by reference to the full text of the Trust Amendment,
a copy of which is filed as Exhibit 10.1 hereto and is incorporated herein by
reference.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits:
Exhibit No. Description
10.1 Amendment No. 5 to the Investment Management Trust Agreement between
Trident Acquisitions Corp. and Continental Stock Transfer & Trust
Company, dated May 20, 2021
© Edgar Online, source Glimpses