Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 10 contracts
Samples: Securities Subscription Agreement (Gores Technology Partners II, Inc.), Securities Subscription Agreement (Gores Holdings VII Inc.), Securities Subscription Agreement (Decarbonization Plus Acquistion Corp)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,125,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 7 contracts
Samples: Securities Subscription Agreement (TLG Acquisition One Corp.), Securities Subscription Agreement (Fortress Value Acquisition Corp. III), Securities Subscription Agreement (TLG Acquisition One Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 750,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 6 contracts
Samples: Securities Subscription Agreement (DA32 Life Science Tech Acquisition Corp.), Securities Subscription Agreement (InterPrivate III Financial Partners Inc.), Securities Subscription Agreement (InterPrivate IV InfraTech Partners Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,125,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial shareholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock ordinary shares of the Company immediately following the IPO.
Appears in 5 contracts
Samples: Securities Subscription Agreement (Ascendant Mobility Acquisition Corp I), Securities Subscription Agreement (Ascendant Digital Acquisition Corp. III), Securities Subscription Agreement (Ascendant Digital Acquisition Corp. II)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,125,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial shareholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 5 contracts
Samples: Securities Subscription Agreement (Graf Acquisition Corp. III), Securities Subscription Agreement (Ascendant Digital Acquisition Corp.), Securities Subscription Agreement (Graf Industrial Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,406,250 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 5 contracts
Samples: Securities Subscription Agreement (Gores Metropoulos, Inc.), Securities Subscription Agreement (Gores Holdings III, Inc.), Securities Subscription Agreement (Gores Holdings III, Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,312,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 4 contracts
Samples: Securities Subscription Agreement (Forum Merger III Corp), Securities Subscription Agreement (dMY Technology Group, Inc. II), Securities Subscription Agreement (dMY Technology Group, Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,125,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 4 contracts
Samples: Securities Subscription Agreement (Forum Merger IV Corp), Securities Subscription Agreement (Transformational CPG Acquisition Corp.), Securities Subscription Agreement (Senior Connect Acquisition Corp. I)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 2,250,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 3 contracts
Samples: Securities Subscription Agreement (Fortress Value Acquisition Corp. IV), Securities Subscription Agreement (Fortress Value Acquisition Corp. IV), Securities Subscription Agreement (Gores Holdings VI, Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 2,812,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 3 contracts
Samples: Securities Subscription Agreement (Gores Holdings X, Inc.), Securities Subscription Agreement (Gores Holdings IX, Inc.), Securities Subscription Agreement (Gores Guggenheim, Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 750,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial shareholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock ordinary shares of the Company immediately following the IPO.
Appears in 3 contracts
Samples: Securities Subscription Agreement (Centurion Acquisition Corp.), Securities Subscription Agreement (RCF Acquisition Corp.), Securities Subscription Agreement (Pyrophyte Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 750,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 3 contracts
Samples: Securities Subscription Agreement (Fortistar Sustainable Solutions Corp.), Securities Subscription Agreement (Fortistar Sustainable Solutions Corp.), Securities Subscription Agreement (LF Capital Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 187,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 204% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Atlantic Street Acquisition Corp), Securities Subscription Agreement (Atlantic Street Acquisition Corp)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Logistics Innovation Technologies Corp.), Securities Subscription Agreement (Flying Eagle Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 750,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 2016% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Atlantic Street Acquisition Corp), Securities Subscription Agreement (Atlantic Street Acquisition Corp)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 375,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (GS Acquisition Holdings Corp), Securities Subscription Agreement (GS Acquisition Holdings Corp)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 937,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (dMY Technology Group, Inc. IV), Securities Subscription Agreement (dMY Technology Group, Inc. III)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 937,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock common stock shares immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (dMY Technology Group, Inc. VI), Securities Subscription Agreement (AdMY Technology Group, Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters underwriter of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 468,750 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Gordon Pointe Acqusition Corp.), Securities Subscription Agreement (Gordon Pointe Acqusition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 750,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial shareholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (CITIC Capital Acquisition Corp.), Securities Subscription Agreement (Industrea Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,312,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 2 contracts
Samples: Securities Subscription Agreement (Federal Street Acquisition Corp.), Securities Subscription Agreement (Federal Street Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters underwriter of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,125,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (Gores Holdings VIII Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 900,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (Gores Technology Partners, Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 937,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (BharCap Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 937,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to twenty percent (20% %) of the issued and outstanding Common Stock immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (Ocean Drive Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-Over- allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 937,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (VPC Impact Acquisition Holdings III, Inc.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 750,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock common stock shares immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (Direct Selling Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 562,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial shareholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (Graf Acquisition Corp. IV)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 562,500 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (Artemis Strategic Investment Corp)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 1,875,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial shareholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (RedBall Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 825,000 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial shareholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock Shares immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (Netfin Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 843,750 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transfereesall other initial stockholders prior to the IPO, if any) will own an aggregate number of Shares equal to 20% of the issued and outstanding Common Stock common shares immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (FG New America Acquisition Corp.)
Partial or No Exercise of the Over-allotment Option. In the event the Over-allotment Option granted to the underwriters of the IPO is not exercised in full, the Subscriber acknowledges and agrees that it (or, if applicable, it and any transferees of Shares) shall forfeit any and all rights to such number of Shares (up to an aggregate of 1,500,000 600,750 Shares and pro rata based upon the percentage of the Over-allotment Option exercised) such that immediately following such forfeiture, the Subscriber (and any such transferees) will own an aggregate number of Shares equal to 2016.02% of the issued and outstanding Common Stock immediately following the IPO.
Appears in 1 contract
Samples: Securities Subscription Agreement (First Light Acquisition Group, Inc.)
