Additional Placement Shares. Simultaneously with the closing of the Over-allotment Option, Sponsor A shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Share Purchase Agreement an additional number of Placement Shares (up to a maximum of 36,000 additional Placement Shares) (the “Additional Placement Shares”), at a purchase price of $10.00 per Additional Placement Share. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Shares.
Appears in 3 contracts
Samples: Underwriting Agreement (Prime Number Acquisition I Corp.), Underwriting Agreement (Prime Number Acquisition I Corp.), Underwriting Agreement (Prime Number Acquisition I Corp.)
Additional Placement Shares. Simultaneously with the closing of the Over-allotment Option, the Sponsor A shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Share Purchase Agreement an additional number of Placement Shares (up to a maximum of 36,000 51,000 additional Placement Shares) (the “Additional Placement Shares”), at a purchase price of $10.00 per Additional Placement Share. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Shares.
Appears in 3 contracts
Samples: Underwriting Agreement (Fortune Rise Acquisition Corp), Underwriting Agreement (Fortune Rise Acquisition Corp), Underwriting Agreement (Fortune Rise Acquisition Corp)
Additional Placement Shares. Simultaneously with the closing of the Over-allotment Option, the Sponsor A shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Share Purchase Agreement (a) an additional number of Placement Shares (up to a maximum of 36,000 12,000 additional Placement Shares) (the “Additional Placement Shares”), at a purchase price of $10.00 per Additional Placement Share. , There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Shares.
Appears in 2 contracts
Samples: Underwriting Agreement (TradeUP Global Corp), Underwriting Agreement (TradeUP Global Corp)
Additional Placement Shares. Simultaneously with the closing of the Over-allotment Option, the Sponsor A shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Share Purchase Agreement (a) an additional number of Placement Shares (up to a maximum of 36,000 26,400 additional Placement Shares) (the “Additional Placement Shares”), at a purchase price of $10.00 per Additional Placement Share. , There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Shares.
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