Research - Make-Good Provisions

Make-good provisions - often referred to as incentive allocations, performance targets, or performance thresholds - are good faith promises and/or targets that a company sets during the initial stages of their reverse merger share exchange process or during subsequent capital raises. Learn more about make-good provisions in our Learning Center message board.

Below you will find all of our exclusive make-good research. And view our growing list of companies with make good provisions.

Thursday, December 29, 2011

China Tmk Battery Systems (DFEL)

SHENZHEN, China, December 29, 2011 /PRNewswire-Asia-FirstCall/ -- China TMK Battery Systems Inc. (OTC Bulletin Board: DFEL) ("TMK" or "the Company") (formerly, Deerfield Resources, Ltd.), a Chinese manufacturer and distributor of customized rechargeable battery solutions to global consumer product companies, today announced it has delivered payment to all eligible investors for the make good provision as stipulated in its registration rights agreement ("the…

Friday, December 16, 2011

Chinanet Online Holdings (CNET)

"Make good" provisions in connection with recent acquisition: Mr. Liu (acquiree) will pledge to the Company the 49% of the equity interests of SouYi he owns to secure Shareholders’ make good obligation under the Agreement. The Agreement established minimum audited after tax net profit threshold of RMB 15.8 million (approximately $2.45 million) for SouYi for fiscal year 2012 ("2012 Performance Threshold"). In the event…

Monday, October 10, 2011

Stevia (STEV)

Per a recent RTO transaction, 6,000,000 of such shares are being held in escrow pending the achievement by Registrant of certain post-Closing business milestones. Waiting for more details as exhibit A (which was supposed to contain make good details), was omitted from RTO filing…

Wednesday, August 3, 2011

Global Pharm Holdings (GPHG)

Financial targert goals pertaining to a recent acquisition: The Purchaser (GPHG) shall, within twenty (20) Business Days after it receives the 2011 Financial Statements, release the following amount of Pledged Shares to the Sellers subject to the following terms: (i) all of the Pledged Shares, if the consolidated net revenue of the Company according to the 2011 Financial Statements is no less than RMB275,000,000; (ii) 50% of the…

Sunday, July 3, 2011

Kirin Intl (KIRI)

In connection with our Offering on March 1, 2011, we entered into a “make good” escrow agreement (the “Make Good Escrow Agreement”) with Prolific Lion Limited, the Company’s principal stockholder (“Prolific”), pursuant to which Prolific pledged 1,000,000 shares of our common stock in favor of the Purchasers to secure the Make Good Obligations. As discussed above under the…

Sunday, May 29, 2011

Flyingeagle PU Technical Corporation (SOON)

Make good agreemeent pursuant to terms of the recent reverse merger with Chinese Weituo, in the event that Chinese Weituo’s subsidiary Shishi Feiying Plastic Co., Ltd.’s (“SFP”) net income is less than $5.5 million as determined in accordance with generally accepted accounting principles of the United States and set forth in SFP’s audited financial statements for the year ended December 31, 2010, then…

Saturday, May 14, 2011

Zhongchai Machinery (EQPI)

In connection with the March 9 2007 private placement, eight of the former shareholders of Usunco pledged a total of 10,140,846 shares of EQPI common stock to secure the following 2007 and 2008 make good targets: The 2007 make good targets require EQPI to achieve after tax net income reported in its annual report on form 10-KSB for the fiscal year ending June 30, 2007 equal to or greater than $2.32 million and earnings before income tax provision and before minority interest…

Monday, March 7, 2011

Dehaier Medical Systems (DHRM)

On March 22, 2010, the founders of the Company placed an aggregate of 600,000 common shares of the Company into escrow. Such shares equaled 40% of the maximum number of shares which were sold in the initial public offering (“IPO”). The shares were required to remain in escrow until the Company files its Form 10-K with the Securities and Exchange Commission for the year ended December 31, 2010. The shares in escrow (…

Friday, February 4, 2011

Lotus Pharmaceuticals (LTUS)

BEIJING, Feb. 4, 2011 /PRNewswire-Asia-FirstCall/ – Lotus Pharmaceuticals, Inc., today announced that it will add two additional stories to its new headquarters building in Chaoyang District,Beijing, which is currently under construction and is scheduled to be completed in the second quarter of 2011. The facility was originally designed to have nine floors with a gross area of approximately 25,000 sq. meters (269,000 sq. feet) and house the…

Tuesday, February 1, 2011

China Green Agriculture (CGA)

CGA acquired Beijing Gufeng Chemical Products Co. for a fair market price of $8.8 million in cash plus 2,275,931 shares of CGA common stock, as it reported to the SEC. CGA’s management constructed the terms for the deal specifying 40% of the shares to be placed in escrow pending satisfaction of certain conditions such as ”make good” targets of $88.4 million in revenue…

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