Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after giving effect to redemption of any shares of Acquiror Common Stock pursuant to the Offer and after Acquiror’s receipt of the proceeds under the Subscription Agreements.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Sable Offshore Corp.), Merger Agreement (Flame Acquisition Corp.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of the Closing (after giving effect to redemption of any shares of the Acquiror Common Stock pursuant to Shareholder Redemption, the Offer and after Acquiror’s receipt of the proceeds under PIPE Investment Amount, and the Subscription Agreementsother transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).
Appears in 2 contracts
Samples: Merger Agreement (Supernova Partners Acquisition Co II, Ltd.), Merger Agreement (Supernova Partners Acquisition Co II, Ltd.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining immediately following the Closing (after giving effect to redemption of any shares the exercise by the holders of Acquiror Common Stock pursuant of their right to the Offer and after Acquiror’s receipt redeem their Acquiror Common Stock into their pro rata share of the proceeds under Trust Account in accordance with Acquiror certificate of incorporation, the Subscription AgreementsPIPE Investment and the other transactions contemplated hereby to occur upon the Closing, including the payment of Transaction Expenses).
Appears in 2 contracts
Samples: Merger Agreement (Experience Investment Corp.), Merger Agreement (Acamar Partners Acquisition Corp.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of the Closing (after giving effect to redemption of any shares of the Acquiror Common Stock pursuant to Stockholder Redemption, the Offer and after Acquiror’s receipt of the proceeds under PIPE Investment Amount and the Subscription AgreementsForward Purchase Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).
Appears in 1 contract
Samples: Merger Agreement (Supernova Partners Acquisition Company, Inc.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (either immediately prior to or upon the Closing Date, as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after giving effect to redemption of any shares of Acquiror Common Stock pursuant to the Offer and after Acquiror’s receipt of the proceeds under the Subscription Agreements.
Appears in 1 contract
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining in the Trust Account after the Closing and after giving effect to the payment of the aggregate amount of cash that will be required to satisfy the redemption of any shares of Acquiror Common Stock pursuant to the Offer and after Acquiror’s receipt of the proceeds under the Subscription AgreementsRedemption Offer.
Appears in 1 contract
Samples: Merger Agreement (Osprey Technology Acquisition Corp.)
