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New Era Helium Corp. to List on NASDAQ Through Merger with Roth CH Acquisition V Co.

Benzinga

He was also a Senior Manager at UHY LLP where he led numerous internal audit, Sarbanes-Oxley compliance, and accounting engagements primarily for E&P companies. In connection with the transaction, ROCL will issue 9 million new shares to current stockholders of NEH, which amount may be subject to adjustment based upon any net debt of NEH.

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Material Adverse Effect Clauses

Erik A. Lopez

First, it qualifies ( i.e. , limits) various seller representations, warranties and covenants , establishing a relatively high threshold for disclosure or compliance relating to risks associated with changes in the target’s business. MAE serves two primary functions in a transaction agreement. Thus, all considered, no MAE had occurred.