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Wednesday, June 10, 2020

Equity Corporate Actions Alert #2020 - 104
Information Regarding the Business Combination of Nebula Acquisition Corporation (NEBU/U/W) & Open Lending Corporation (LPRO)

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  • Industry Announcement

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At a special meeting held on June 9, 2020, the shareholders of Nebula Acquisition Corporation (NEBU/U/W) approved a Business combination with Open Lending Corporation (LPRO). The transaction became effective today, June 10, 2020. As a result of the business combination, Nebula Acquisition Corporation (NEBU/U/W) will be suspended from trading. Open Lending Corporation will list their class A common stock only on the Nasdaq Global Market. The details are as follows:

Company: Nebula Acquisition Corporation
Issue: Class A Common Stock
CUSIP#: 629076100
Symbol: NEBU
Last Trading Date: June 10, 2020
Marketplace Effective Date for Suspension: June 11, 2020
Merger Consideration: One (1) share of Open Lending Corporation (LPRO) for each share held.
Company: Nebula Acquisition Corporation
Issue: Units
CUSIP#: 629076209
Symbol: NEBUU
Last Trading Date: June 10, 2020
Marketplace Effective Date for Suspension: June 11, 2020
Merger Consideration: Each unit will be separated into its components. One share of common stock, and 1/3 of one warrant to purchase common stock.
Company: Nebula Acquisition Corporation
Issue: Warrants
CUSIP#: 60765P111
Symbol: NEBUW
Last Trading Date: June 10, 2020
Marketplace Effective Date for Suspension: June 11, 2020
Merger Consideration: One (1) Open Lending warrant for each warrant held.

As a result of the business combination Open Lending Corporation will list their class A common stock on the Nasdaq Global Market. The details are as follows:

Company Name: Open Lending Corporation
Issue Type: Class A Common Stock
CUSIP: 68373J104
Symbol: LPRO
Marketplace Effective Date: June 11, 2020

If you would like to register as a market maker in LPRO, contact Nasdaq Trading Services at +1 212 231 5100.

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