AF
Also add a board resolution for TargetCo Inc. for acknowledging new shareholder and bank signatories.
AF
Good. Don't include Janssen's discharge clause until we get confirmation from Belgian counsel.
P
ParkerProject Mgmt Agent
Delaware SoS filing for TargetCo Inc. due May 15. 8 business days post-closing per Article 18 Delaware corporate filing law.
P
ParkerProject Mgmt Agent
Janssen resignation not yet published in state registry. Blocks Delaware Chancery filing for SubCo Corp.. Recommend contacting Belgian counsel.
AF
@Parker when is the expected publication date?
P
ParkerProject Mgmt Agent
No confirmed date. Created task: Confirm Janssen resignation, assigned to Belgian counsel, deadline before filing.
AF
The appointment effective date in the TargetCo Inc. GM minutes should be the day after closing, per SPA clause 4.3(b). Check the other documents for the same issue.
C
CooperClosing Agent
Appointment date updated in TargetCo Inc. GM minutes. The same date appears in SubCo Corp. GM minutes and SubCo LLC shareholders' resolution. Updated all 3 documents.
C
CooperClosing Agent

Updated Documents

DocumentEntityBodyNotesStatus
TargetCo Inc.GMDate updated, regenerated
TargetCo Inc.Board
SubCo Corp.GMJanssen pending. Regenerated.
SubCo Corp.Board
SubCo LLCGVDate updated, regenerated
Deterministic· Template engine

Changes applied and cascaded across 3 documents. 1 flag outstanding: Janssen discharge excluded pending confirmation. Confirm final approval?

Saved· 5 resolution documents
Logged· Final document approval
C
CooperClosing Agent
All 5 resolution documents approved. 1 edit applied (appointment effective date), cascaded across 3 documents. 1 flag outstanding: Janssen discharge clause excluded pending confirmation. Ready for partner review.
AF
Under New York law, can we skip the executed transfer documents for SubCo Corp.?
A
AveryAssistant Agent
Belgian share transfers do not require a executed transfer documents. This differs from Delaware law (DGCL §202) where executed transfer documents is mandatory. SubCo Corp. shares can be transferred by private deed. The executed transfer documents executed today was for the Dutch TargetCo Inc. shares.
0:07

Draft the email to Marius. Include a summary of all approved documents and flag the Janssen item as blocking for the SubCo Corp. filing. CC Belgian and German counsel on their filing items.

Voice transcription

Eva van Schie
C
CooperClosing Agent
Draft Email
To:Marius Ankum <marius.ankum@vriman.com>
CC:L. Peeters (Belgian counsel), H. Müller (German counsel)
Subj:TargetCo Inc. Acquisition — Post-Closing Resolutions Ready for Review
Dear Marius, The post-closing resolution documents for the TargetCo Inc. acquisition are ready for your review. All 5 documents have been reviewed and approved. Documents: - TargetCo Inc. GM minutes (approved, appointment date changed to day after closing per SPA 4.3(b)) - TargetCo Inc. Board minutes (approved) - SubCo Corp. GM minutes (approved, Janssen discharge clause excluded pending state registry confirmation) - SubCo Corp. Board minutes (approved) - SubCo LLC shareholders' resolution (approved) Outstanding item: M. Janssen's resignation has not yet been published in the state registry. The state registry still lists him as active director of SubCo Corp.. This blocks the Delaware Chancery filing. Belgian counsel is following up. Filing deadlines: - Delaware SoS (TargetCo Inc.): May 15 (8 business days post-closing) - Delaware Chancery (SubCo Corp.): May 19 (blocked by Janssen confirmation) - Delaware registry (SubCo LLC): as soon as practical The documents are available in SharePoint under the TargetCo matter folder.
targetco-bv-gm-minutes.docxtargetco-bv-board-minutes.docxsubco-nv-gm-minutes.docxsubco-nv-board-minutes.docxsubco-gmbh-beschluss.docx

TargetCo Inc. Acquisition

BuyerCo Inc. (PE fund) acquires 100% of TargetCo Inc.. TargetCo owns SubCo Corp. (New York) and SubCo LLC (Germany). Closing completed, post-closing resolutions in progress.

acquisitionPost-Closing

Reference

VRI-2026-0047

Deal value

USD 45-55M (enterprise value)

Governing law

Delaware law

Dispute resolution

AAA Arbitration, Wilmington, DE

Engagement date

2025-11-15

Closing date

2026-05-05

Key Documents

Engagement Letter

2025-11-15

signed

Share Purchase Agreement

2026-04-27 · Final (executed)

signed

DD Report

2026-04-07 · v3 (final)

final

Disclosure Letter

2026-04-26 · Final

signed

executed transfer documents

2026-05-05

signed

Tax Covenant

2026-04-27 · Final

signed

Parties

BuyerCo Inc.
Buyer
Inc.Delaware87654321
Jan de VriesGeneral Counselj.devries@buyerco.nl
R. HendriksCFO
Previous Shareholders
Seller
VariousDelaware
TargetCo Inc.
Target
Inc.Delaware12345678
P. van HoutenOutgoing Director
A. BakkerOutgoing Director
K. SmitOutgoing Director
SubCo Corp.
Subsidiary
Corp.New York (Flanders)
L. PeetersDirector
J. ClaesDirector
S. WillemsDirector
SubCo LLC
Subsidiary
LLCGermany (NRW)
H. MüllerGeschäftsführer
F. SchmidtGeschäftsführer

Olshan Team

MA

Marius Ankum

partner

ES

Andrew Freedman

senior associate

TV

Tom Visser

junior

LG

Lisa de Groot

paralegal

Key Dates

Closing date
2026-05-05complete
Post-closing resolutions due
2026-05-12active
Delaware SoS filing deadline
2026-05-15
Completion accounts due
2026-08-03
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