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 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)

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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 Representative 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)

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 expiration of the Prospectus underwriters’ overallotment option, (ii) its exercise in full or (iiiii) the announcement by Representative the underwriters of its their intention not to allow separate earlier tradingexercise all or any remaining portion of the over-allotment option, 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 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 thereof, 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 3 contracts

Samples: Rights Agreement (E-Compass Acquisition Corp.), Rights Agreement (E-Compass Acquisition Corp.), Rights Agreement (Sino Mercury 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 day following after the date hereof unless EarlyBirdCapital, Inc., the representative of the Prospectus or underwriters in the Public Offering (iithe “Representative”) informs the announcement by Representative 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-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 (Cayson Acquisition Corp), Rights Agreement (Cayson 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 Representative 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 business days following the earlier to occur of: (i) the 90th day following the date of the Prospectus or (ii) the announcement by Representative 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 Representative 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)

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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 Representative EarlyBirdCapital, Inc. and Xxxxxxxx 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 1 contract

Samples: Rights Agreement (Accretion 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 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 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 Representative EarlyBirdCapital, Inc. and Sxxxxxxx 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 1 contract

Samples: Rights Agreement (Accretion 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 relating to the announcement by Representative Company’s initial public offering, unless Maxim informs the Company and the Rights Agent 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 overallotment 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 1 contract

Samples: Rights Agreement (SPAC II Acquisition Corp.)

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