Common use of Detachability of Public Warrants Clause in Contracts

Detachability of Public Warrants. The securities comprising the Units will not be separately transferable until 90 days after the date of the final prospectus included in the Registration Statement unless SunTrust Xxxxxxxx Xxxxxxxx, Inc., as representative of the underwriters (“SunTrust”) informs the Company of its decision to allow earlier separate trading, but in no event will SunTrust allow separate trading of the securities comprising the Units until the underwriters’ over-allotment option has either expired or been exercised and the Company files a Current Report on Form 8-K including an audited balance sheet that reflects the receipt by the Company of the gross proceeds of the Public Offering, and, if the over-allotment option is exercised prior to the filing of the Form 8-K, the proceeds received by the Company from the exercise of the underwriters’ over-allotment option.

Appears in 3 contracts

Samples: Warrant Agreement (Secure America Acquisition CORP), Warrant Agreement (Secure America Acquisition CORP), Warrant Agreement (Secure America Acquisition CORP)

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Detachability of Public Warrants. The securities comprising the Units will not be separately transferable until 90 days after the date of the final prospectus included in the Registration Statement unless SunTrust Xxxxxxxx Xxxxxxxx, Inc., as representative of the underwriters (“SunTrust”) informs the Company of its decision to allow earlier separate trading, but in no event will SunTrust allow separate trading of the securities comprising the Units until the underwriters’ over-allotment option has either expired or been exercised and the Company files a Current Report on Form 8-K K, including an audited balance sheet that reflects the receipt by the Company of the gross proceeds of the Public Offering, and, if the over-allotment option is exercised prior to the filing of the Form 8-K, the proceeds received by the Company from the exercise of the underwriters’ over-allotment option.

Appears in 1 contract

Samples: Warrant Agreement (Green Energy Acquisition CORP)

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Detachability of Public Warrants. The securities comprising the Units will not be separately transferable until 90 ten trading days after following the date earlier to occur of the final prospectus included expiration of the underwriters’ over-allotment option or its exercise in full with the Registration Statement unless SunTrust Xxxxxxxx Xxxxxxxxconsent of Broadband Capital Management, Inc.LLC, as the representative of the underwriters (“SunTrustBroadband) informs the Company of its decision to allow earlier separate trading, but in ). In no event will SunTrust Broadband allow separate trading of the securities comprising the Units until the underwriters’ over-allotment option has either expired or been exercised and the Company files a Current Report on Form 8-K K, including an audited balance sheet that reflects the receipt by the Company of the gross proceeds of the Public Offering, and, if the over-allotment option is exercised prior to the filing of the Form 8-K, the proceeds received by the Company from the exercise of the underwriters’ over-allotment option.

Appears in 1 contract

Samples: Warrant Agreement (Consumer Partners Acquisition Corp.)

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