Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts and commissions deposited on the Closing Date into the Trust Account in an amount equal to (i) two percent (2%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares of Common Stock for cash.
Appears in 2 contracts
Samples: Underwriting Agreement (Camden Learning CORP), Underwriting Agreement (Camden Learning CORP)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) two percent (2%) 3.72% of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares $0.2976 for each share of Common Stock for converted to cash.
Appears in 2 contracts
Samples: Underwriting Agreement (Transforma Acquisition Group Inc.), Underwriting Agreement (Transforma Acquisition Group Inc.)
Fee on Business Combination. Upon the consummation of a the Company’s initial Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) two percent (2%) 4.3125% of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares $0.43125 for each share of Common Stock for cashconverted to cash (as described in the Prospectus included in the Registration Statement at the time of effectiveness).
Appears in 1 contract
Samples: Underwriting Agreement (Sports Properties Acquisition Corp.)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) two [two] percent (2%[2.0]%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem convert their shares of Common Stock for cash.
Appears in 1 contract
Samples: Underwriting Agreement (Union Street Acquisition Corp.)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) two [three and seven-tenths] percent (2%[3.7]%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem convert their shares of Common Stock for cash.
Appears in 1 contract
Samples: Underwriting Agreement (Union Street Acquisition Corp.)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) [two and one-half] percent (2%[2.5]%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem convert their shares of Common Stock for cash.
Appears in 1 contract
Samples: Underwriting Agreement (Union Street Acquisition Corp.)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) two three and eight-tenths percent (23.8%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares $0.38 for each share of Common Stock for cashconverted to cash (as described in the preliminary prospectus included in the Registration Statement at the time of effectiveness).
Appears in 1 contract
Fee on Business Combination. Upon the consummation of a the Company’s initial Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) two three and one-half percent (23.5%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares $0.35 for each share of Common Stock for cashconverted to cash (as described in the Prospectus included in the Registration Statement at the time of effectiveness).
Appears in 1 contract
Samples: Underwriting Agreement (Sports Properties Acquisition Corp.)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on at the Closing Date Time into the Trust Account in an amount equal to (i) two percent (2%) of the gross proceeds from the sale of UnitsSecurities, minus (ii) amounts paid to public stockholders that redeem convert their shares of Common Stock for cash.
Appears in 1 contract
Samples: Purchase Agreement (Catalytic Capital Investment Corp)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) two and one-quarter percent (22.25%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares $0.18 for each share of Common Stock for converted to cash.
Appears in 1 contract
Samples: Underwriting Agreement (Transforma Acquisition Group Inc.)
Fee on Business Combination. Upon the consummation of a the Company’s initial Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on the Closing Date into the Trust Account in an amount equal to (i) two three percent (23.0%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares $0.30 for each share of Common Stock for cashconverted to cash (as described in the Prospectus included in the Registration Statement at the time of effectiveness).
Appears in 1 contract
Samples: Underwriting Agreement (Sports Properties Acquisition Corp.)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on at the Closing Date Time into the Trust Account in an amount equal to (i) two three percent (23%) of the gross proceeds from the sale of UnitsSecurities, minus (ii) amounts paid to public stockholders that redeem convert their shares of Common Stock for cash.
Appears in 1 contract
Samples: Purchase Agreement (Catalytic Capital Investment Corp)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on at the Closing Date Time into the Trust Account in an amount equal to (i) two three and a half percent (23.5%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares of Common Stock for cashSecurities.
Appears in 1 contract
Fee on Business Combination. Upon the consummation of a the Company’s initial Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts and commissions deposited on the Closing Date into the Trust Account in an amount equal to (i) two four percent (24.0%) of the gross proceeds from the sale of Units, minus (ii) amounts paid to public stockholders that redeem their shares $0.40 for each share of Common Stock for cashconverted to cash (as described in the Prospectus).
Appears in 1 contract
Samples: Underwriting Agreement (National Security Solutions Inc.)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on at the Closing Date Time into the Trust Account in an amount equal to (i) two percent (2%) of the gross proceeds from the sale of UnitsSecurities, minus (ii) amounts paid from the Trust Account to public stockholders that redeem convert their shares of Common Stock for cash.
Appears in 1 contract
Samples: Purchase Agreement (MBF Healthcare Acquisition Corp.)
Fee on Business Combination. Upon the consummation of a Business Combination, the Company agrees that it will pay to the Underwriters out of funds in the Trust Account delivered to the Company the deferred underwriting discounts discount and commissions commission deposited on at the Closing Date Time into the Trust Account in an amount equal to (i) two percent three and one half (23.5%) of the gross proceeds from the sale of UnitsSecurities, minus (ii) amounts paid from the Trust Account to public stockholders that redeem convert their shares of Common Stock for cash.
Appears in 1 contract
Samples: Purchase Agreement (MBF Healthcare Acquisition Corp.)