Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until the earlier to occur of: (i) the 52nd day following the date of the Prospectus or (ii) the announcement by the Representative, as representative of the underwriters in the Public Offering, of its intention to allow separate earlier trading (the “Detachment Date”), 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 with the SEC 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 the date thereof and the Company issues a press release and files a Current Report on Form 8-K with the SEC announcing when such separate trading shall begin. Upon the Detachment Date, the Units will no longer trade, and each holder of Units will become, without any action by such holder, the holder of that number of shares Common Stock and Rights comprising the Units held by such holder.
Appears in 4 contracts
Samples: Rights Agreement (Global Blockchain Acquisition Corp.), Rights Agreement (Global Blockchain Acquisition Corp.), Rights Agreement (NorthView Acquisition Corp)
Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until the earlier to occur of: (i) the 52nd day following the date of the Prospectus or (ii) the announcement by the Representative, as representative of the underwriters in the Public Offering, of its intention to allow separate earlier trading (the “Detachment Date”), 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 with the SEC 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 the date thereof and the Company issues a press release and files a Current Report on Form 8-K with the SEC announcing when such separate trading shall begin. Upon the Detachment Date, the Units will no longer trade, and each holder of Units will become, without any action by such holder, the holder of that number of shares Common Stock of Class A Ordinary Shares, warrants and Rights comprising the Units held by such holder.
Appears in 3 contracts
Samples: Rights Agreement (Edoc Acquisition Corp.), Rights Agreement (Edoc Acquisition Corp.), Rights Agreement (Edoc Acquisition Corp.)
Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until the earlier to occur of: (i) the 52nd day following the date of the Prospectus or (ii) the announcement by the Representative, as representative of the underwriters in the Public Offering, of its intention to allow separate earlier trading (the “Detachment Date”), 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 with the SEC 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 the date thereof and the Company issues a press release and files a Current Report on Form 8-K with the SEC announcing when such separate trading shall begin. Upon the Detachment Date, the Units will no longer trade, and each holder of Units will become, without any action by such holder, the holder of that number of shares of Common Stock Stock, Warrants and Rights comprising the Units held by such holder.
Appears in 3 contracts
Samples: Rights Agreement (Bannix Acquisition Corp.), Rights Agreement (Breeze Holdings Acquisition Corp.), Rights Agreement (Breeze Holdings Acquisition Corp.)
Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until the earlier to occur of: fifty-second (i52nd) the 52nd day following after the date of hereof unless Lucid Capital Markets, LLC (“Lucid”) informs the Prospectus or (ii) the announcement by the Representative, as representative of the underwriters in the Public Offering, Company of its intention decision to allow earlier separate earlier trading (the “Detachment Date”), 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 with the SEC 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 with the SEC announcing when such separate trading shall begin. Upon the Detachment Date, the Units will no longer trade, and each holder of Units will become, without any action by such holder, the holder of that number of ordinary shares Common Stock and Rights comprising the Units held by such holder.
Appears in 2 contracts
Samples: Rights Agreement (YHN Acquisition I LTD), Rights Agreement (YHN Acquisition I LTD)
Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until the earlier to occur of: fifty-second (i52nd) the 52nd day following after the date hereof unless XX Xxxxxx, division of Benchmark Investments, LLC (“XX Xxxxxx”) informs the Prospectus or (ii) the announcement by the Representative, as representative of the underwriters in the Public Offering, Company of its intention decision to allow earlier separate earlier trading (the “Detachment Date”), 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 with the SEC 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 with the SEC announcing when such separate trading shall begin. Upon the Detachment Date, the Units will no longer trade, and each holder of Units will become, without any action by such holder, the holder of that number of shares of Common Stock Stock, Warrants and Rights comprising the Units held by such holder.
Appears in 2 contracts
Samples: Rights Agreement (Inception Growth Acquisition LTD), Rights Agreement (Inception Growth Acquisition LTD)
Detachability of Rights. The securities shares of Common Stock, Warrants and Rights comprising the Units, including the Rights, will not be separately transferable until Units shall begin separate trading following the earlier to occur of: (i) the 52nd day following the date of the Prospectus or (ii) the announcement by the Representative, as representative of the underwriters in the Public Offering, Representative of its intention to allow separate earlier trading (the “Detachment Date”)) , except that but in no event will shall the securities shares of Common Stock, the Warrants and Rights comprising the Units be separately tradeable traded until the Company files has filed a Current Report on Form 8-K with the SEC which includes Commission containing an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Public Offering Offering, including the proceeds then received by the Company from the exercise by the Underwriters of their right to purchase additional Units in the overOffering (the “Over-allotment optionAllotment 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 with the SEC announcing when such separate trading shall beginapplicable. Upon the Detachment Date, the Units will no longer trade, and each holder of Units will become, without any action by such holder, the holder of that number of shares of Common Stock and Rights comprising the Units held by such holder.
Appears in 1 contract
Samples: Form of Rights Agreement (Silver Sustainable Solutions Corp.)