Common use of Option Units Clause in Contracts

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock and the Warrants included in the Units and the Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 2 contracts

Sources: Underwriting Agreement (Chardan Healthcare Acquisition 2 Corp.), Underwriting Agreement (Chardan Healthcare Acquisition 2 Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 3,000,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 3,000,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock Ordinary Shares and the Warrants included in the Units and the Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (National Energy Services Reunited Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 900,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 900,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock and the Warrants included in the Units and the Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (LifeSci Acquisition Corp.)

Option Units. For the purpose purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 468,750 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 468,750 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 7.68 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 8.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Pinpoint Advance CORP)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 2,250,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 2,250,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the such Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Chardan Nextech Acquisition Corp.)

Option Units. For the purpose purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 3,375,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 3,375,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the each Option Units Unit (net of discounts and commissions) will be $10.00 9.50 per Option UnitUnit ($.30 of which shall be deposited in the Trust Fund pursuant to Section 1.5). The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Energy Infrastructure Acquisition Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,650,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,650,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock and the Warrants included in the Units and the Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions, including the Deferred Underwriting Commission) will be $10.00 9.55 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit. No Option Units shall be sold or delivered unless the Firm Units previously have been, or simultaneously are, sold and delivered.

Appears in 1 contract

Sources: Underwriting Agreement (Zi Toprun Acquisition Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,650,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,650,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock and the Warrants included in the Units and the Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions, including the Deferred Underwriting Commission) will be $10.00 9.60 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit. No Option Units shall be sold or delivered unless the Firm Units previously have been, or simultaneously are, sold and delivered.

Appears in 1 contract

Sources: Underwriting Agreement (Zi Toprun Acquisition Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 3,150,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 3,150,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock Ordinary Shares and the Warrants included in the Units and the Common Stock Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (National Energy Services Reunited Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,650,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,650,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the such Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Chardan NexTech Acquisition 2 Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 3,000,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 3,000,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the such Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Chardan Nextech Acquisition Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 3,000,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 3,000,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock and the Warrants included in the Units and the Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions, including the Deferred Underwriting Commission described in Section 1.3 below) will be $10.00 9.45 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Natural Order Acquisition Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 2,625,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 2,625,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock Stock, and the Warrants included in the Units and the Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.775 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Quantum FinTech Acquisition Corp)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,500,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,500,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock and Stock, the Warrants included in the Units Rights, and the Common Stock issuable upon exercise conversion of the Warrants Rights are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.80 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Deep Medicine Acquisition Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 units 3,750,000 Units from the Company (the “Over-allotment Option”). Such additional 1,275,000 units 3,750,000 Units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 18.80 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (United Refining Energy Corp)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,305,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,305,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock Stock, the Warrants and the Warrants Rights included in the Units and the Common Stock issuable upon exercise of the Warrants and upon conversion of the Rights are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.75 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Financial Strategies Acquisition Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,125,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,125,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock Stock, the Warrants, and the Warrants Rights included in the Units Units, and the shares of Common Stock issuable upon exercise of the Warrants and exchange of the Rights are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.5366 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (99 Acquisition Group Inc.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 units 3,750,000 Units from the Company (the “Over-allotment Option”). Such additional 1,275,000 units 3,750,000 Units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock and the Warrants included in the Units and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 18.60 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (United Refining Energy Corp)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 2,250,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 2,250,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock Stock, and the Warrants included in the Units and the Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.775 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Quantum FinTech Acquisition Corp)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 900,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 900,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the shares of Common Stock and the Warrants included in the Units Units, and the shares of Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.45 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Prime Number Acquisition I Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,500,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,500,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock Ordinary Shares, the Warrants and the Warrants Rights included in the Units and the Common Stock Ordinary Shares issuable upon exercise of the Warrants and upon conversion of the Rights are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.825 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (East Stone Acquisition Corp)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are Underwriter is hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,125,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,125,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock shares of Ordinary Shares and the Warrants included in the Units Units, and the Common Stock shares of Ordinary Shares issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.45 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Fortune Joy International Acquisition Corp)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 750,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 750,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock and the Warrants included in the Units and the Common Stock issuable upon exercise of the Warrants are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units will be $10.00 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (LifeSci Acquisition Corp.)

Option Units. For the purpose of covering any over-allotments in connection with the distribution and sale of the Firm Units, the Underwriters are hereby granted, severally and not jointly, an option to purchase up to an additional 1,275,000 1,650,000 units from the Company (the “Over-allotment Option”). Such additional 1,275,000 1,650,000 units shall be identical in all respects to the Firm Units and are hereinafter referred to as “Option Units.” The Firm Units and the Option Units are hereinafter collectively referred to as the “Units,” and the Units, the Common Stock and Stock, the Warrants included in the Units Rights, and the Common Stock issuable upon exercise conversion of the Warrants Rights are hereinafter referred to collectively as the “Public Securities.” The purchase price to be paid for the Option Units (net of discounts and commissions) will be $10.00 9.80 per Option Unit. The Option Units are to be offered initially to the public at the offering price of $10.00 per Option Unit.

Appears in 1 contract

Sources: Underwriting Agreement (Deep Medicine Acquisition Corp.)