Buyer Common Stock. Holders of twenty percent (20%) or more of the shares of Buyer Common Stock issued in Buyer’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share of the Trust Fund in accordance with Buyer’s Charter Documents.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Mercator Partners Acquisition Corp.), Membership Interest Purchase Agreement (Union Street Acquisition Corp.), Stock Purchase Agreement (Union Street Acquisition Corp.)
Buyer Common Stock. Holders of twenty thirty percent (2030%) or more of the shares of Buyer Common the Buyer’s Stock issued in Buyer’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share amount of the Trust Fund in accordance with the Buyer’s Charter Documentscertificate of incorporation.
Appears in 1 contract
Samples: Stock Purchase Agreement (MBF Healthcare Acquisition Corp.)
Buyer Common Stock. Holders of twenty thirty percent (2030%) or more of the shares of Buyer Common Buyer’s Stock issued in the Buyer’s initial public offering of securities and outstanding immediately before the Closing shall not have exercised their rights to convert their shares into a pro rata share amount of the Trust Fund in accordance with the Buyer’s Charter Documentscertificate of incorporation.
Appears in 1 contract
Samples: Stock Purchase Agreement (MBF Healthcare Acquisition Corp.)
