Common use of Net Tangible Assets Test Clause in Contracts

Net Tangible Assets Test. Upon the Closing, after giving effect to the completion of the Redemption, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 2 contracts

Samples: Merger Agreement (MTech Acquisition Corp), Merger Agreement (Stellar Acquisition III Inc.)

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Net Tangible Assets Test. Upon Either immediately prior to or upon the consummation of the Closing, in each case after giving effect to the completion of the RedemptionClosing Redemption and any Financing, the Purchaser shall have net tangible assets of at least $5,000,0015,000,001 on a consolidated basis (as calculated in accordance with Rule 3a51-1(g)(1) of the Exchange Act).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bull Horn Holdings Corp.), Merger Agreement (Coeptis Therapeutics Inc.)

Net Tangible Assets Test. Upon the Closing, Closing and after giving effect to the completion of the Redemption, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 2 contracts

Samples: Share Exchange Agreement (Greenland Acquisition Corp.), Share Exchange Agreement (JM Global Holding Co)

Net Tangible Assets Test. Upon the Closing, after giving effect to the completion of Redemption and any equity investments in Purchaser made in connection with the RedemptionClosing, the Purchaser shall have net tangible assets of at least Five Million One Dollar ($5,000,001).

Appears in 1 contract

Samples: Business Combination Agreement (Quantum FinTech Acquisition Corp)

Net Tangible Assets Test. Upon the First Closing, after giving effect to the completion of the Redemption, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Business Combination Agreement (Alussa Energy Acquisition Corp.)

Net Tangible Assets Test. Upon Prior to or upon the Closing, after giving effect to the completion of the Redemption, the Merger and any private placement, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alberton Acquisition Corp)

Net Tangible Assets Test. Upon the Closing, after giving effect to the completion of the RedemptionRedemption and any Purchaser Transaction Financing, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Merger Agreement (Americas Technology Acquisition Corp.)

Net Tangible Assets Test. Upon the Closing, after giving effect to the completion of the Redemptionany private placement or other financing transaction, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Business Combination Agreement (Quadro Acquisition One Corp.)

Net Tangible Assets Test. Upon the Closing, after giving effect to the completion of the RedemptionRedemption and any Private Placements, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Merger Agreement (Twelve Seas Investment Co. II)

Net Tangible Assets Test. Upon the Closing, after giving effect to the completion of the RedemptionRedemption and any Equity Investment or Debt Financing, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Business Combination Agreement (Healthwell Acquisition Corp. I)

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Net Tangible Assets Test. Upon the Closing, and after giving effect to the completion of the Redemption, the Purchaser Buyer shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Stock Purchase Agreement (GigCapital, Inc.)

Net Tangible Assets Test. Upon the First Closing, after giving effect to the completion of the Redemption, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Business Combination Agreement (Agrico Acquisition Corp.)

Net Tangible Assets Test. Upon the Closing, Closing and after giving effect to the completion of the Closing Redemption, the Purchaser (together with the Target Companies on a combined basis ) shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Share Exchange Agreement (Yunhong International)

Net Tangible Assets Test. Upon the Closing, after giving effect to the completion of Redemption and any proceeds from the RedemptionEquity Financing, the Purchaser Company shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Business Combination Agreement (Pono Capital Three, Inc.)

Net Tangible Assets Test. Upon the Closing, after giving effect to the completion of Redemption and the RedemptionTransaction Financing, the Purchaser shall have net tangible assets of at least $5,000,001.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lakeshore Acquisition I Corp.)

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