Common use of Additional Placement Units Clause in Contracts

Additional Placement Units. Simultaneously with the closing of the Over-allotment Option, the Sponsor shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Unit Purchase Agreement an additional number of Placement Units (up to a maximum of 44,625 additional Placement Units) (the “Additional Placement Units”), at a purchase price of $10.00 per Additional Placement Unit. 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 Units.

Appears in 5 contracts

Samples: Underwriting Agreement (Feutune Light Acquisition Corp), Underwriting Agreement (Feutune Light Acquisition Corp), Underwriting Agreement (Feutune Light Acquisition Corp)

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Additional Placement Units. Simultaneously with the closing of the Over-allotment Option, the Sponsor shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Unit Sponsor Units Purchase Agreement an additional number of Placement Units (up to a maximum of 44,625 45,000 additional Placement Units) (the “Additional Placement Units”), at a purchase price of $10.00 per Additional Placement Unit. 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 Units.

Appears in 4 contracts

Samples: Underwriting Agreement (Fortune Joy International Acquisition Corp), Underwriting Agreement (Fortune Joy International Acquisition Corp), Underwriting Agreement (Fortune Joy International Acquisition Corp)

Additional Placement Units. Simultaneously with the closing of the Over-allotment Option, the Sponsor shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Unit Purchase Agreement an additional number of Placement Units (up to a maximum of 44,625 45,000 additional Placement Units) (the “Additional Placement Units”), at a purchase price of $10.00 per Additional Placement Unit. 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 Units.

Appears in 4 contracts

Samples: Underwriting Agreement (Denali Capital Acquisition Corp.), Underwriting Agreement (Denali Capital Acquisition Corp.), Underwriting Agreement (Denali Capital Acquisition Corp.)

Additional Placement Units. Simultaneously with the closing of the Over-allotment Option, the Sponsor shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Unit Units Purchase Agreement an additional number of Placement Units (up to a maximum of 44,625 50,625 additional Placement Units) (the “Additional Placement Units”), at a purchase price of $10.00 per Additional Placement Unit. 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 Units.

Appears in 2 contracts

Samples: Warrant Agreement (Biotech Group Acquisition Corp), Warrant Agreement (Biotech Group Acquisition Corp)

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Additional Placement Units. Simultaneously with the closing of the Over-allotment Option, the Sponsor shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Unit Sponsor Units Purchase Agreement an additional number of Placement Units (up to a maximum of 44,625 36,000 additional Placement Units) (the “Additional Placement Units”), at a purchase price of $10.00 per Additional Placement Unit. 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 Units.

Appears in 1 contract

Samples: Underwriting Agreement (Fortune Joy International Acquisition Corp)

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