Common use of Detachability of Public Warrants Clause in Contracts

Detachability of Public Warrants. Each of the securities comprising the Public Units will begin to trade separately on (i) the ninetieth (90th) day after the effectiveness of the Registration Statement, or (ii) such earlier date as Xxxx Capital Partners, LLC and Xxxxx-Xxxxxx Capital Group LLC, as representatives of the underwriters (the “Representatives”), shall determine is acceptable (such date, the “Detachment Date”). In no event will separate trading of the securities comprising the Public Units commence until the Company (i) files a Current Report on Form 8-K with the SEC including audited balance sheet reflecting the Company’s receipt of the gross proceeds of this Public Offering and (ii) issues a press release announcing when such separate trading will begin. The Company shall not issue fractional Warrants other than as part of the Units, each of which is comprised of one share of Common Stock and one-quarter of one Public Warrant. If, upon the detachment of Public Warrants from Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder.

Appears in 3 contracts

Samples: Warrant Agreement (Roth CH Acquisition III Co), Warrant Agreement (Roth CH Acquisition III Co), Warrant Agreement (Roth CH Acquisition III Co)

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Detachability of Public Warrants. Each of the securities comprising the Public Units will begin to trade separately on (i) the ninetieth (90th) day after the effectiveness of the Registration Statement, or (ii) such earlier date as Xxxx Capital Partners, LLC and Xxxxx-Xxxxxx Capital Group LLC, as representatives of the underwriters (the “Representatives”), shall determine is acceptable (such date, the “Detachment Date”). In no event will separate trading of the securities comprising the Public Units commence until the Company (i) files a Current Report on Form 8-K with the SEC including audited balance sheet reflecting the Company’s receipt of the gross proceeds of this Public Offering and (ii) issues a press release announcing when such separate trading will begin. The Company shall not issue fractional Warrants other than as part of the Units, each of which is comprised of one share of Common Stock and one-quarter half of one Public Warrant. If, upon the detachment of Public Warrants from Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder.

Appears in 2 contracts

Samples: Warrant Agreement (Roth CH Acquisition II Co), Warrant Agreement (Roth CH Acquisition II Co)

Detachability of Public Warrants. Each of the securities comprising the Public Units will begin to trade separately on (i) the ninetieth (90th) day after the effectiveness of the Registration Statement, or (ii) such earlier date as Xxxx Rxxx Capital Partners, LLC and XxxxxCxxxx-Xxxxxx Capital Group LLC, as representatives of the underwriters (the “Representatives”), shall determine is acceptable (such date, the “Detachment Date”). In no event will separate trading of the securities comprising the Public Units commence until the Company (i) files a Current Report on Form 8-K with the SEC including audited balance sheet reflecting the Company’s receipt of the gross proceeds of this Public Offering and (ii) issues a press release announcing when such separate trading will begin. The Company shall not issue fractional Warrants other than as part of the Units, each of which is comprised of one share of Common Stock and one-quarter half of one Public Warrant. If, upon the detachment of Public Warrants from Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder.

Appears in 2 contracts

Samples: Warrant Agreement (Roth CH Acquisition II Co), Warrant Agreement (Roth CH Acquisition I Co)

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Detachability of Public Warrants. Each of the securities comprising the Public Units will begin to trade separately on (i) the ninetieth (90th) day after the effectiveness of the Registration Statement, or (ii) such earlier date as Xxxx Rxxx Capital Partners, LLC and XxxxxCxxxx-Xxxxxx Capital Group LLC, as representatives of the underwriters (the “Representatives”), shall determine is acceptable (such date, the “Detachment Date”). In no event will separate trading of the securities comprising the Public Units commence until the Company (i) files a Current Report on Form 8-K with the SEC including audited balance sheet reflecting the Company’s receipt of the gross proceeds of this Public Offering and (ii) issues a press release announcing when such separate trading will begin. The Company shall not issue fractional Warrants other than as part of the Units, each of which is comprised of one share of Common Stock and one-quarter three quarters of one Public Warrant. If, upon the detachment of Public Warrants from Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round down to the nearest whole number the number of Warrants to be issued to such holder.

Appears in 2 contracts

Samples: Warrant Agreement (Roth CH Acquisition I Co), Warrant Agreement (Roth CH Acquisition I Co)

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