Second Amendment to the Agreement and Plan of Merger, dated as of October 12, 2023, by and among Leo Holdings Corp. II, Glimpse Merger Sub, Inc., Glimpse Merger Sub II, LLC and World View Enterprises Inc
Exhibit 2.1
Execution Version
SECOND AMENDMENT TO AGREEMENT AND PLAN OF MERGER
This SECOND AMENDMENT TO THE AGREEMENT AND PLAN OF MERGER (this Amendment) dated as of October 12, 2023, is entered into by and among Leo Holdings Corp. II, a Cayman Islands exempted company (Parent), Glimpse Merger Sub, Inc., a Delaware corporation and a direct and wholly owned subsidiary of Parent (Merger Sub I), Glimpse Merger Sub II, LLC, a Delaware limited liability company and a direct and wholly owned subsidiary of Parent (Merger Sub II and together with Merger Sub I, the Merger Subs) and World View Enterprises Inc., a Delaware corporation (the Company). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Merger Agreement (as defined below).
RECITALS
WHEREAS, the parties hereto entered into the Agreement and Plan of Merger (the Original Agreement), dated as of January 12, 2023; and
WHEREAS, the parties hereto amended the Original Agreement pursuant to the Amended and Restated Agreement and Plan of Merger (the Merger Agreement), dated as of September 13, 2023; and
WHEREAS, in accordance with Section 9.14 of the Merger Agreement, the parties hereto desire to amend the terms of the Merger Agreement as set forth herein.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:
Section 1. Amendments to the Merger Agreement. The Merger Agreement is hereby amended as set forth below in this Section 1.
(a) Section 8.1(e) of the Merger Agreement is hereby amended and restated in its entirety as follows:
by either Parent or the Company by written notice to the other Party if the Closing has not occurred on or prior to November 30, 2023 (the Outside Date); provided, that the right to terminate this Agreement under this Section 8.1(e) shall not be available to any Party whose action or failure to act has been a principal cause of or primarily resulted in the failure of the Closing to occur on or before such date and such action or failure to act constitutes a breach of this Agreement;
Section 2.Reference to and Effect on the Merger Agreement. Except as expressly amended by this Amendment, all of the terms, conditions and other provisions of the Merger Agreement shall continue to be in full force and effect in accordance with their respective terms. No reference to this Amendment need be made in any instrument or document making reference to the Merger Agreement, and any reference to the Merger Agreement in any such instrument or document shall be deemed to refer to the Merger Agreement as amended by this Amendment.
Section 3. Miscellaneous. All relevant provisions of Article IX (Miscellaneous) of the Merger Agreement shall apply to this Amendment to the same extent as if set forth herein, mutatis mutandis.
[Signature Pages Follow]
2
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
PARENT: | ||
LEO HOLDINGS CORP. II | ||
By: | /s/ Lyndon Lea | |
Name: Lyndon Lea | ||
Title: President, CEO and Director | ||
MERGER SUB I: | ||
GLIMPSE MERGER SUB, INC. | ||
By: | /s/ Lyndon Lea | |
Name: Lyndon Lea | ||
Title: President | ||
MERGER SUB II:
GLIMPSE MERGER SUB II, LLC | ||
By: | /s/ Lyndon Lea | |
Name: Lyndon Lea | ||
Title: President |
[Signature Page to Second Amendment to Agreement and Plan of Merger]
COMPANY: | ||||
WORLD VIEW ENTERPRISES INC. | ||||
By: | /s/ Ryan Hartman | |||
Name: | Ryan Hartman | |||
Title: | Chief Executive Officer |
[Signature Page to Second Amendment to Agreement and Plan of Merger]