Common use of Placement Units Clause in Contracts

Placement Units. Simultaneously with the Closing, the Sponsor (as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreement (as defined in Section 2.24.2 hereof) an aggregate of 300,000 units (or 330,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 4 contracts

Samples: Underwriting Agreement (Metal Sky Star Acquisition Corp), Underwriting Agreement (Metal Sky Star Acquisition Corp), Underwriting Agreement (Flag Ship Acquisition Corp)

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Placement Units. Simultaneously with the Closing, the Sponsor (as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreement (as defined in Section 2.24.2 hereof) an aggregate of 300,000 220,000 units (or 330,000 238,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Rights included in the Placement Units (the “Placement Rights”), ) and the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 3 contracts

Samples: Underwriting Agreement (Flag Ship Acquisition Corp), Underwriting Agreement (Flag Ship Acquisition Corp), Underwriting Agreement (Flag Ship Acquisition Corp)

Placement Units. Simultaneously with the Closingconsummation of the Offering, LF International Pte. Ltd. (the Sponsor (as hereinafter defined“Sponsor”) shall purchase from the Company, Company pursuant to the Subscription Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 300,000 212,500 units (or 330,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the OfferingOffering except as described in the Registration Statement. There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Samples: Underwriting Agreement (Yunhong International), Underwriting Agreement (Yunhong International)

Placement Units. Simultaneously with the Closing, Yotta Investments LLC (the Sponsor (as hereinafter defined“Sponsor”) shall purchase from the Company, pursuant to the Subscription Agreement (as defined in Section 2.24.2 hereof) a written purchase agreement an aggregate of 300,000 313,500 units (or 330,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the shares of Common Stock included in the Placement Units, the Warrants included in the Placement Units (the “Placement Warrants”), the shares of Common Stock underlying the Placement Warrants, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares shares of Common Stock underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering, except as described in the Prospectus. There Except as disclosed in the Prospectus, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Samples: Underwriting Agreement (Yotta Acquisition Corp), Underwriting Agreement (Yotta Acquisition Corp)

Placement Units. Simultaneously with the Closing, the Sponsor (as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreement (as defined in Section 2.24.2 hereof) an aggregate of 300,000 280,000 units (or 330,000 307,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Samples: Underwriting Agreement (Golden Star Acquisition Corp), Underwriting Agreement (Golden Star Acquisition Corp)

Placement Units. Simultaneously with the Closing, the Sponsor Content Creation Media LLC (as hereinafter defined“Sponsor”) shall purchase from the Company, pursuant to the Subscription Agreement (as defined in Section 2.24.2 2.22.2 hereof) an aggregate of 300,000 714,400 units (or 330,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Common Stock included in the Placement Units, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and ), the Ordinary Shares underlying Common Stock issuable upon conversion of the Placement Rights and the Common Stock issuable upon exercise of the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering, except as described in the Prospectus. There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Samples: Underwriting Agreement (International Media Acquisition Corp.), Underwriting Agreement (International Media Acquisition Corp.)

Placement Units. Simultaneously with the Closing, certain of the Sponsor (as hereinafter defined) Company’s stockholders shall purchase from the Company, Company pursuant to the Subscription Agreement (as defined in Section 2.24.2 2.23.2 hereof) an aggregate of 300,000 units (or 330,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) ), at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Rights Class A Shares included in the Placement Units (the “Placement Rights”)Units, the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”), the Class A Shares underlying the Placement Warrants, the Rights included in the Placement Units (the “Placement Rights”) and the Ordinary Class A Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Samples: Underwriting Agreement (UTXO Acquisition Inc.)

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Placement Units. Simultaneously with the Closingconsummation of the Offering, LF International Pte. Ltd. (the Sponsor (as hereinafter defined“Sponsor”) shall purchase from the Company, Company pursuant to the Subscription Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 300,000 232,500 units (or 330,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the OfferingOffering except as described in the Registration Statement. There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Samples: Underwriting Agreement (Yunhong International)

Placement Units. Simultaneously with the Closing, the Sponsor (as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreement (as defined in Section 2.24.2 hereof) an aggregate of 300,000 280,000 units (or 330,000 307,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Rights included in the Placement Units (the “Placement Rights”), ) and the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Samples: Underwriting Agreement (Flag Ship Acquisition Corp)

Placement Units. Simultaneously with the Closing, Abri Ventures 2, LLC (the Sponsor (as hereinafter defined“Sponsor”) shall purchase from the Company, pursuant to the Subscription Private Placement Agreement (as defined in Section 2.24.2 2.23.2 hereof) ), an aggregate of 300,000 390,000 placement units (or 330,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) Units at a purchase price of $10.00 per Placement Unit each in a private placement (the “Private Placement”). The Placement Units, the Rights included in the Placement Units (the “Placement Rights”)shares of Common Stock, the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares Rights included in the Placement Units (the “Placement Rights”), and the shares of Common Stock underlying the Placement Rights Warrants and issuable with respect to the Placement Warrants Rights are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the OfferingOffering except as described in the Prospectus. There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Samples: Underwriting Agreement (Abri SPAC 2, Inc.)

Placement Units. Simultaneously with the Closing, the Sponsor (as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreement (as defined in Section 2.24.2 hereof) an aggregate of 300,000 310,000 units (or 330,000 341,500 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Samples: Underwriting Agreement (Flag Ship Acquisition Corp)

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