Terms of the Private Placement Shares. The Private Placement Shares shall have terms identical to those of the public shares issued in the Public Offering (except as otherwise described in registration statement relating to the public offering (the “Registration Statement”) and the prospectus relating thereto). At or prior to the time of the Initial Closing Date, the Company and the Purchaser shall enter into a registration rights agreement (the “Registration Rights Agreement”) pursuant to which the Company will grant certain registration rights to the Purchaser relating to the Private Placement Shares. Pursuant to the Registration Rights Agreement, the Purchaser may not exercise its demand and “piggyback” registration rights after five (5) and seven (7) years after the effective date of the Registration Statement and may not exercise its demand rights on more than one occasion.
Appears in 6 contracts
Samples: Private Placement Shares Purchase Agreement (Innovative International Acquisition Corp.), Private Placement Shares Purchase Agreement (Innovative International Acquisition Corp.), Private Placement Shares Purchase Agreement (Innovative International Acquisition Corp.)
