Private Placement Unit Purchase Agreements. The Company has executed and delivered to the Sponsor a certain private placement unit purchase agreement, respectively, the form of which is filed as an exhibit to the Registration Statement (collectively, the “Private Placement Unit Purchase Agreements”), pursuant to which the Sponsor, among other things, agreed to purchase an aggregate of 480,000 Placement Units in the Private Placement (and up to an additional 45,000 Additional Placement Units in the Additional Private Placement if the Over-allotment Option is exercised in full). All of the proceeds from the sale of the Placement Units and Additional Placement Units, if any, will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement prior to the Closing.
Appears in 4 contracts
Samples: Underwriting Agreement (Denali Capital Acquisition Corp.), Underwriting Agreement (Denali Capital Acquisition Corp.), Underwriting Agreement (Denali Capital Acquisition Corp.)
