Item 1.02. Termination of a Material Definitive Agreement.

As previously disclosed, MDH Acquisition Corp., a Delaware corporation ("MDH"), entered into that certain Business Combination Agreement, dated as of July 21, 2021, as amended by that certain Amendment No. 1 to the Business Combination Agreement, dated as of December 30, 2021 (as amended, supplemented or otherwise modified from time to time, the "Business Combination Agreement"), by and among (i) MDH, (ii) OP Group Holdings, LLC, a Delaware limited liability company ("OP Group"), (iii) Paylink Holdings Inc., a Delaware corporation ("Blocker"), (iv) Normandy Holdco LLC, a Delaware limited liability company ("Blocker Owner"), (v) Olive Ventures Holdings, Inc., a Delaware corporation and wholly-owned subsidiary of Blocker ("PubCo"), (vi) Milestone Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of PubCo ("Milestone Merger Sub"), (vii) MDH Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of PubCo ("MDH Merger Sub"), and (viii) CF OMS LLC, a Delaware limited liability company ("CF OMS", and collectively, the "Contracting Parties")

On April 1, 2022, MDH and OP Group entered into that certain Termination of Business Combination Agreement (the "Termination Agreement") pursuant to which MDH and OP Group mutually agreed to terminate the Business Combination Agreement pursuant to Section 13.1(a) thereof. Except as otherwise set forth in the Business Combination Agreement, none of the Contracting Parties shall have any further liability thereunder.

As a result of the termination of the Business Combination Agreement, the Business Combination Agreement is of no further force and effect, with the exception of (i) the agreements contained in Section 9.9(a) (Communications; Press Release; SEC Filings), Section 9.10 (Expenses), Section 13.2 (Effect of Termination) and Article XIV (Miscellaneous) of the Business Combination Agreement, (ii) any corresponding definitions to the foregoing clause (i) set forth in Section 1.1 (Certain Definitions) of the Business Combination Agreement and (iii) the Confidentiality Agreement, dated as of February 8, 2021, by and between MDH and OP Group, each of which shall each survive the termination of the Business Combination Agreement and continue in full force and effect in accordance with their respective terms. Neither party will be required to pay the other a termination fee as a result of the mutual decision to enter into the Termination Agreement.

The termination of the Business Combination Agreement also terminates and makes void the Transaction Support Agreement (as defined in the Business Combination Agreement) and the Sponsor Letter Agreement (as defined in the Business Combination Agreement), each of which were executed concurrently with the Business Combination Agreement.

The foregoing descriptions of the Business Combination Agreement, the Termination Agreement, the Transaction Support Agreement, and the Sponsor Letter Agreement are not complete and are qualified in their entirety by reference to and the terms and conditions of, respectively, (i) the Business Combination Agreement, a copy of which was previously filed as Exhibit 2.1 to MDH's Current Report on Form 8-K on July 21, 2021, (ii) Amendment No. 1 to Business Combination Agreement, a copy of which was previously filed as Exhibit 2.1 to MDH's Current Report on Form 8-K on December 30, 2021, (iii) the Termination Agreement, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1, and the terms of which are incorporated by reference herein, (iv) the Transaction Support Agreement, a copy of which was previously filed as Exhibit 10.2 to MDH's Current Report on Form 8-K on July 21, 2021, and (v) the Sponsor Letter Agreement, a copy of which was previously filed as Exhibit 10.3 to MDH's Current Report on Form 8-K on July 21, 2021.




Item 8.01. Other Events.



On April 4, 2022, MDH and OP Group issued a joint press release announcing the termination of the Business Combination Agreement. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.






(d) Exhibits


Exhibit No.                                  Description
  10.1          Termination of Business Combination Agreement, dated as of April 1,
              2022, by and among MDH Acquisition Corp. and OP Group Holdings, LLC.
  99.1          Press Release, dated April 4, 2022.
              Cover Page Interactive Data File (embedded within the Inline XBRL
104           document).

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