Common use of Net Tangible Assets Clause in Contracts

Net Tangible Assets. After giving effect to the Transactions (including the PIPE Financing), SPAC 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) immediately after the First Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (ironSource LTD), Agreement and Plan of Merger (Thoma Bravo Advantage)

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Net Tangible Assets. After Either immediately prior to or upon the Closing, after giving effect to the Transactions (including the Redemption and any receipt of proceeds from any PIPE Financing)Investment, SPAC shall have net tangible assets of at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) immediately after the First Effective Time).

Appears in 2 contracts

Samples: Business Combination Agreement (Financial Strategies Acquisition Corp.), Business Combination Agreement (Global SPAC Partners Co,)

Net Tangible Assets. After giving effect to the Transactions (including Redemption and any PIPE Investment that has been funded prior to or at the PIPE Financing)Closing, SPAC shall have net tangible assets of 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 after the First Effective TimeClosing.

Appears in 1 contract

Samples: Business Combination Agreement (AIB Acquisition Corp)

Net Tangible Assets. After Either immediately prior to or upon the Closing, after giving effect to the Transactions (including the PIPE Redemption and any receipt of proceeds from any Transaction Financing), SPAC shall have net tangible assets of at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) immediately after the First Effective Time).

Appears in 1 contract

Samples: Business Combination Agreement (Keyarch Acquisition Corp)

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Net Tangible Assets. After Either immediately prior to or upon the Closing, after giving effect to the Transactions (including the PIPE Financing)Redemption, SPAC shall have net tangible assets of at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) immediately after the First Effective Time).

Appears in 1 contract

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

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