Purchaser Units. Each Purchaser Unit outstanding immediately prior to the Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of Purchaser Common Stock and one Purchaser Warrant in accordance with the terms of the applicable Purchaser Unit, which underlying Purchaser Securities shall be converted in accordance with the applicable terms of this Section 1.6 below.
Appears in 2 contracts
Samples: Business Combination Agreement (Evo Acquisition Corp), Business Combination Agreement (Tiberius Acquisition Corp)
Purchaser Units. Each Purchaser Unit outstanding immediately Immediately prior to the First Effective Time Time, each issued and outstanding Purchaser Unit shall be automatically detached separated, and the holder thereof shall be deemed to hold one share of DE- Purchaser Common Stock and one Purchaser Warrant Right in accordance with the terms of the applicable Purchaser UnitUnits, which underlying Purchaser Securities shall be converted in accordance with the applicable terms of this Section 1.6 below1.7.
Appears in 2 contracts
Samples: Business Combination Agreement (American Resources Corp), Business Combination Agreement (AI Transportation Acquisition Corp)
Purchaser Units. Each At the Effective Time, every issued and outstanding Purchaser Unit outstanding immediately prior to the Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of Purchaser Common Stock Ordinary Share, one Purchaser Warrant and one Purchaser Warrant Right in accordance with the terms of the applicable Purchaser Unit, which underlying Purchaser Securities shall be converted in accordance with the applicable terms of this Section 1.6 below.
Appears in 2 contracts
Samples: Business Combination Agreement (East Stone Acquisition Corp), Business Combination Agreement (Twelve Seas Investment Co)
Purchaser Units. Each At the Effective Time, every issued and outstanding Purchaser Unit outstanding immediately prior to the Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of Purchaser Common Stock Stock, one Purchaser Warrant and one Purchaser Warrant Right in accordance with the terms of the applicable Purchaser Unit, which underlying Purchaser Securities shall be converted in accordance with the applicable terms of this Section 1.6 below.
Appears in 2 contracts
Samples: Business Combination Agreement (Proficient Alpha Acquisition Corp), Business Combination Agreement (Proficient Alpha Acquisition Corp)
Purchaser Units. Each At the Initial Merger Effective Time, every issued and outstanding Purchaser Unit outstanding immediately prior to the Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share Purchaser Class A Share and one-third of Purchaser Common Stock and one Purchaser Warrant in accordance with the terms of the applicable Purchaser Unit, which underlying Purchaser Securities shall be converted in accordance with the applicable terms of this Section 1.6 1.1(f) below.
Appears in 1 contract
Samples: Business Combination Agreement (Far Peak Acquisition Corp)
Purchaser Units. Each At the Effective Time, each issued and outstanding Purchaser Unit outstanding immediately prior to the Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of Purchaser Class A Common Stock and one Purchaser Warrant in accordance with the terms of the applicable Purchaser UnitUnits, which underlying Purchaser Securities shall be converted in accordance with the applicable terms of this Section 1.6 below1.6.
Appears in 1 contract
Samples: Business Combination Agreement (Aetherium Acquisition Corp)
