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