Common use of Detachability of Rights Clause in Contracts

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten business days following the earlier to occur of: (i) the 90th day following the date of the Prospectus or (ii) the announcement by EarlyBirdCapital, Inc. of its intention to allow separate earlier trading, except that in no event will the securities comprising the Units be separately tradeable until the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 6 contracts

Samples: Rights Agreement (ROC Energy Acquisition Corp.), Right Agreement (PENSARE ACQUISITION Corp), Right Agreement (PENSARE ACQUISITION Corp)

AutoNDA by SimpleDocs

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten business days following the earlier to occur of: (i) the 90th day following the date of the Prospectus or (ii) the announcement by EarlyBirdCapital, Inc. Representative of its intention to allow separate earlier trading, except that in no event will the securities comprising the Units be separately tradeable until the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 6 contracts

Samples: Right Agreement (Energy Cloud I Acquisition Corp), Right Agreement (Energy Cloud I Acquisition Corp), Right Agreement (Brilliant Acquisition Corp)

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten business days following the earlier to occur of: (i) the 90th 52nd day following the date of the Prospectus or (ii) the announcement by EarlyBirdCapital, Inc. UBS Securities LLC of its intention to allow separate earlier trading, except that in no event will the securities comprising the Units be separately tradeable until the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 2 contracts

Samples: Rights Agreement (Hydra Industries Acquisition Corp.), Rights Agreement (Hydra Industries Acquisition Corp.)

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten the fifty-second (52nd) business days following the earlier to occur of: (i) the 90th day following after the date of the Prospectus or (ii) prospectus included in Registration Statement in connection with the announcement by EarlyBirdCapital, Inc. Public Offering unless the Representative informs the Company of its intention decision to allow earlier separate earlier trading, except that but in no event will separate trading of the securities comprising the Units be separately tradeable begin until (i) the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Public Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by on the date thereof hereof, and (ii) the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 2 contracts

Samples: Rights Agreement (Horizon Space Acquisition II Corp.), Rights Agreement (Horizon Space Acquisition II Corp.)

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten business days following the earlier to occur of: fifty-second (i52nd) the 90th day following after the date of hereof unless Cantor Xxxxxxxxxx & Co. Inc. informs the Prospectus or (ii) the announcement by EarlyBirdCapital, Inc. Company of its intention decision to allow earlier separate earlier trading, except that but in no event will separate trading of the securities comprising the Units be separately tradeable begin until (i) the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Public Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by on the date thereof hereof, and (ii) the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 2 contracts

Samples: Rights Agreement (Allegro Merger Corp.), Rights Agreement (Allegro Merger Corp.)

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten business days following the earlier to occur of: (i) the 90th day following the date of the Prospectus or (ii) the announcement by EarlyBirdCapital, Inc. of its intention to allow separate earlier trading, except that in no event will the securities comprising the Units be separately tradeable until the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 2 contracts

Samples: Right Agreement (Big Rock Partners Acquisition Corp.), Right Agreement (Big Rock Partners Acquisition Corp.)

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten business days following the earlier to occur of: (i) the 90th 52nd day following the date of the Prospectus or (ii) the announcement by EarlyBirdCapital, Ladenburg Xxxxxxxx & Co. Inc. of its intention to allow separate earlier trading, except that in no event will the securities comprising the Units be separately tradeable until the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 2 contracts

Samples: Rights Agreement (KBL Merger Corp. Iv), Rights Agreement (KBL Merger Corp. Iv)

AutoNDA by SimpleDocs

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten business days following the earlier to occur of: (i) the 90th day following the date of the Prospectus or (ii) the announcement by EarlyBirdCapital, Inc. the Representative of its intention to allow separate earlier trading, except that in no event will the securities comprising the Units be separately tradeable until the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 1 contract

Samples: Rights Agreement (Keyarch Acquisition Corp)

Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until ten business days following the earlier to occur of: (i) the 90th 52nd day following the date of the Prospectus or (ii) the announcement by EarlyBirdCapital, Inc. Representative of its intention to allow earlier separate earlier trading, except that in no event will the securities comprising the Units be separately tradeable until the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 1 contract

Samples: Rights Agreement (HNR Acquisition Corp.)

Detachability of Rights. The securities comprising the Units, including the Public Rights, will not be separately transferable until ten business days following the earlier to occur of: (i) the 90th day following the date of the Prospectus or (ii) the announcement by EarlyBirdCapital, Inc. the Representative of its intention to allow separate earlier trading, except that in no event will the securities comprising the Units be separately tradeable until the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised by the date thereof and the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

Appears in 1 contract

Samples: Rights Agreement (Keyarch Acquisition Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!