Converting Stockholders. Public Stockholders holding an aggregate of fifty percent or more in interest of the IPO Shares shall not have both voted against approval of the Business Combination and elected to convert their IPO Shares.
Appears in 2 contracts
Samples: Framework Agreement (Medallion Financial Corp), Framework Agreement (Sports Properties Acquisition Corp.)
Converting Stockholders. Public Stockholders holding an aggregate of fifty thirty percent or more in interest of the IPO Shares shall not have both voted against approval of the Business Combination and elected to convert their IPO Shares.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Capitol Acquisition Corp), Framework Agreement (NRDC Acquisition Corp.)