Common use of Unit Private Placement Clause in Contracts

Unit Private Placement. No later than one (1) Business Day prior to the date of effectiveness of the Registration Statement, the Company shall have deposited $3,000,000 (out of aggregate proceeds of $4,750,000), which will represent the proceeds from the Unit Private Placement in the Trust Account and shall provide the Representative with evidence of the same. The Unit Private Placement shall be effective as of the Closing Date. On or prior to each Option Closing Date, the Company shall deposit the proceeds from the Unit Private Placement related to the Option Units to be issued upon such Option Closing Date in the Trust Account and shall provide the Representative with evidence of the same (such Unit Private Placement made by the Sponsor shall be effective as of such Option Closing Date).

Unit Private Placement. No later than one (1) Business Day prior to the date of effectiveness of the Registration Statement, the Company shall have deposited $3,000,000 (out of aggregate proceeds of $4,750,0005,550,000), which will represent the proceeds from the Unit Private Placement in the Trust Account and shall provide the Representative with evidence of the same. The Unit Private Placement shall be effective as of the Closing Date. On or prior to each Option Closing Date, the Company shall deposit the proceeds from the Unit Private Placement related to the Option Units to be issued upon such Option Closing Date in the Trust Account and shall provide the Representative with evidence of the same (such Unit Private Placement made by the Sponsor shall be effective as of such Option Closing Date).

Unit Private Placement. No later than one (1) Business Day prior to the date of effectiveness of the Registration Statement, the Company shall have deposited $3,000,000 (out of aggregate proceeds of $4,750,0004,250,000), which will represent the proceeds from the Unit Private Placement in the Trust Account and shall provide the Representative with evidence of the same. The Unit Private Placement shall be effective as of the Closing Date. On or prior to each Option Closing Date, the Company shall deposit the proceeds from the Unit Private Placement related to the Option Units to be issued upon such Option Closing Date in the Trust Account and shall provide the Representative with evidence of the same (such Unit Private Placement made by the Sponsor shall be effective as of such Option Closing Date).

Unit Private Placement. No later than one (1) Business Day prior to the date of effectiveness of the Registration Statement, the Company shall have deposited $3,000,000 5,250,000 (out of aggregate proceeds of $4,750,0006,500,000), which will represent the proceeds from the Unit Private Placement in the Trust Account and shall provide the Representative with evidence of the same. The Unit Private Placement shall be effective as of the Closing Date. On or prior to each Option Closing Date, the Company shall deposit the proceeds from the Unit Private Placement related to the Option Units to be issued upon such Option Closing Date in the Trust Account and shall provide the Representative with evidence of the same (such Unit Private Placement made by the Sponsor shall be effective as of such Option Closing Date).

Unit Private Placement. No later than one (1) Business Day prior to the date of effectiveness of the Registration Statement, the Company shall have deposited $3,000,000 5,000,000 (out of aggregate proceeds of $4,750,0007,000,000), which will represent the proceeds from the Unit Private Placement in the Trust Account and shall provide the Representative with evidence of the same. The Unit Private Placement shall be effective as of the Closing Date. On or prior to each Option Closing Date, the Company shall deposit the proceeds from the Unit Private Placement related to the Option Units to be issued upon such Option Closing Date in the Trust Account and shall provide the Representative with evidence of the same (such Unit Private Placement made by the Sponsor shall be effective as of such Option Closing Date).