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.

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

Flying Eagle Pu Technical (SOOND)

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…

Wednesday, December 29, 2010

China Health Resource (CHRI)

CEO performance bonuses payable in shares of the Common Stock based upon milestones and terms as follows: (Page 8 of 2010 third quarter 10Q). i. If the Company achieves $500,000 in net income for the three-month period ended September 30, 2010 as shown in the Company's financial statements contained in the Quarterly Report on Form 10-Q for such period, Mr. Wang will receive a bonus of $40,000 payable in shares of Common Stock valued…

Wednesday, December 22, 2010

Kaibo Foods Co (KKFC)

In connection with a recent Offering, the Company an its majority stockholder, Kai Bo Holdings Ltd. entered into a certain escrow agreement (the “Make Good Escrow Agreement”) with the Investors pursuant to which Kai Bo placed 4,600,000 shares of its common stock of the Company into escrow for distribution of up to 2,300,000 shares to Investors in each of 2011 and 2012 in the event that it fails to reach certain after tax net income…

Thursday, December 9, 2010

Weikang Bio-Tech (WKBT)

Pursuant to a make good escrow agreement dated December 2, 2010, Lucky Wheel Limited, the principal shareholder of the Company, whose shares in the Company Yin Wang, the Company’s chief executive officer, has dispositive and voting power, agreed to deposit into escrow 2,083,333 shares of common stock, which are to be held in escrow to be returned to Lucky Wheel Limited or delivered to the investors of a private placement on a pro-rata basis, depending…

Sunday, December 5, 2010

China Techfaith Wireless (CNTF)

In January 2010, as part of an all-stock deal to acquire 100% of QiGi Future Technology Co., Ltd. (Beijing) ("QiGi") in an valued at US$12.0 million, the number of ordinary shares issued will be adjusted if QiGi does not achieve a net income of over US$8.0 million for the fiscal year of 2010 and over US$10.0 million for the fiscal year of 2011…

Earlier Research