Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 8 contracts
Samples: Unit Subscription Agreement (Metal Sky Star Acquisition Corp), Unit Subscription Agreement (Alpha Star Acquisition Corp), Private Placement Unit Subscription Agreement (Metal Sky Star Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) 150,000,000 Ordinary SharesShares and (ii) 1,000,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,725,000 Ordinary Shares (of which up to 375,000 ordinary shares 225,000 Ordinary Shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 6 contracts
Samples: Unit Subscription Agreement (TMT Acquisition Corp.), Unit Subscription Agreement (TenX Keane Acquisition), Unit Subscription Agreement (TenX Keane Acquisition)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is (i) 50,000,000 Ordinary Shares, and 2,500,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 1,725,000 ordinary shares (of which up to 375,000 225,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 6 contracts
Samples: Private Placement Unit Subscription Agreement (Flag Fish Acquisition Corp), Private Placement Unit Subscription Agreement (Expectation Acquisition Corp), Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,150,000 Ordinary Shares (of which up to 375,000 ordinary shares 150,000 Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the IPO) and has not no preferred shares issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 6 contracts
Samples: Unit Subscription Agreement (Longevity Acquisition Corp), Unit Subscription Agreement (Longevity Acquisition Corp), Unit Subscription Agreement (Longevity Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,437,500 Ordinary Shares (of which up to 375,000 ordinary shares 187,500 Ordinary Shares are subject to forfeiture as described in the Registration Statement related to the IPOStatement) and has not no preferred shares are issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 5 contracts
Samples: Unit Subscription Agreement (Bison Capital Acquisition Corp.), Unit Subscription Agreement (Bison Capital Acquisition Corp.), Unit Subscription Agreement (Bison Capital Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares Ordinary Shares (of which up to 375,000 ordinary shares Ordinary Shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not no preferred shares issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 5 contracts
Samples: Unit Subscription Agreement (East Stone Acquisition Corp), Unit Subscription Agreement (East Stone Acquisition Corp), Unit Subscription Agreement (East Stone Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,437,500 Ordinary Shares (of which up to 375,000 ordinary shares 187,500 Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the IPO) and has not no preferred shares issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 4 contracts
Samples: Unit Subscription Agreement (Pacific Special Acquisition Corp.), Unit Subscription Agreement (Pacific Special Acquisition Corp.), Unit Subscription Agreement (Pacific Special Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,150,000 Ordinary Shares (of which up to 375,000 ordinary shares 150,000 of such Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the Company’s IPO) and has not no preferred shares issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 4 contracts
Samples: Sponsors Warrants Purchase Agreement (Infinity Cross Border Acquisition Corp), Warrant Purchase Agreement (Infinity Cross Border Acquisition Corp), Warrant Purchase Agreement (Infinity China 1 Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary 3,450,000 Ordinary Shares and no preferred shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) issued and has not issued any preference sharesoutstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 4 contracts
Samples: Unit Subscription Agreement (East Stone Acquisition Corp), Unit Subscription Agreement (East Stone Acquisition Corp), Unit Subscription Agreement (East Stone Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 500,000,000 Ordinary Shares. As of the date hereof, the Company has issued 2,875,000 1,725,000 ordinary shares (of which up to 375,000 225,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Private Placement Unit Subscription Agreement (DT Cloud Star Acquisition Corp), Private Placement Unit Subscription Agreement (DT Cloud Star Acquisition Corp), Private Placement Unit Subscription Agreement (DT Cloud Star Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) 500,000,000 Ordinary SharesShares and (ii) 5,000,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares Ordinary Shares (of which up to 375,000 ordinary shares Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the IPO) and has not no preferred shares are issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Unit Subscription Agreement (Nocturne Acquisition Corp), Unit Subscription Agreement (Nocturne Acquisition Corp), Unit Subscription Agreement (Nocturne Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is (i) 50,000,000 Ordinary Shares, and 1,000,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 1,150,000 ordinary shares (of which up to 375,000 150,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp), Private Placement Unit Subscription Agreement (Yanming Liu), Private Placement Unit Subscription Agreement (Venus Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,725,000 Ordinary Shares (of which up to 375,000 ordinary shares 225,000 Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the Company’s IPO) and has not no preferred shares issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Warrant Subscription Agreement (DT Asia Investments LTD), Unit Subscription Agreement (DT Asia Investments LTD), Unit Subscription Agreement (DT Asia Investments LTD)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) 500,000,000 Ordinary SharesShares with a par value of US$0.0001 each. As of the date hereof, 1,437,500 ordinary shares of the Company has are issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in and outstanding, and the Registration Statement related to the IPO) and Company has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Unit Subscription Agreement (Aimei Health Technology Co., Ltd.), Unit Subscription Agreement (Aimei Health Technology Co., Ltd.), Unit Subscription Agreement (Embrace Change Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares(i) 16,000,000 shares of Common Stock, and 1,000,000 undesignated shares of preferred stock. As of the date hereof, the Company has issued 2,875,000 ordinary 1,437,500 shares of Common Stock (of which up to 375,000 ordinary 187,500 shares of Common Stock are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference sharesshares of preferred stock. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Private Placement Unit Subscription Agreement (Qomolangma Acquisition Corp.), Private Placement Unit Subscription Agreement (Qomolangma Acquisition Corp.), Private Placement Unit Subscription Agreement (Qomolangma Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is (i) 50,000,000 Ordinary Shares, and 2,500,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp), Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp), Private Placement Unit Subscription Agreement (Flag Ship Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares and outstanding 1,437,500 Ordinary Shares (of which up to 375,000 ordinary shares 187,500 Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the IPO) and has not no preferred shares issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Unit Subscription Agreement (Tenzing Acquisition Corp.), Unit Subscription Agreement (Tenzing Acquisition Corp.), Unit Subscription Agreement (Tenzing Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) 500,000,000 Ordinary SharesShares with a par value of US$0.0001 each. As of the date hereof, 2,156,250 ordinary shares of the Company has are issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in and outstanding, and the Registration Statement related to the IPO) and Company has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 3 contracts
Samples: Unit Subscription Agreement (Embrace Change Acquisition Corp.), Unit Subscription Agreement (Embrace Change Acquisition Corp.), Unit Subscription Agreement (Embrace Change Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) 500,000,000 Ordinary SharesShares with a par value of US$0.0001 each. As of the date hereof, 1,868,750 ordinary shares of the Company has are issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in and outstanding, and the Registration Statement related to the IPO) and Company has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Subscription Agreement (Embrace Change Acquisition Corp.), Unit Subscription Agreement (Embrace Change Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares(i) 100,000,000 shares of Common Stock and (ii) 1,000,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares of Common Stock (of which up to 375,000 ordinary shares of Common Stock are subject to forfeiture as described in the Registration Statement registration statement related to the IPO) and has not no preferred shares are issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Subscription Agreement (Blockchain Moon Acquisition Corp.), Unit Subscription Agreement (Blockchain Moon Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares200,000,000 shares of common stock. As of the date hereof, the Company has issued 2,875,000 ordinary 1,725,000 Common Shares (225,000 shares (of which up are subjected to 375,000 ordinary shares forfeiture and none are subject to forfeiture redemption as described in the Registration Statement registration statement related to the IPO) and has not issued any preference shares). All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Private Placement Agreement (Hudson SPAC Holding, LLC), Unit Private Placement Agreement (Hudson Acquisition I Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued and outstanding 2,875,000 ordinary shares Ordinary Shares (of which up to 375,000 ordinary shares Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the IPO) and has not no preferred shares issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Subscription Agreement (Eucrates Biomedical Acquisition Corp.), Unit Subscription Agreement (Eucrates Biomedical Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) an unlimited number of Ordinary SharesShares and (ii) an unlimited number of preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,150,000 Ordinary Shares (of which up to 375,000 ordinary shares 150,000 Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the IPO) and has not no preferred shares are issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Subscription Agreement (Greencity Acquisition Corp), Unit Subscription Agreement (Greencity Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares. As of the date hereof, the Company has issued 2,875,000 1,725,000 ordinary shares (of which up to 375,000 225,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Subscription Agreement (Golden Star Acquisition Corp), Unit Subscription Agreement (Golden Star Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is (i) 50,000,000 Ordinary Shares, and 1,000,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 1,487,500 ordinary shares (of which up to 375,000 187,500 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Subscription Agreement (Golden Path Acquisition Corp), Private Placement Unit Subscription Agreement (Golden Path Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares(i) 300,000,000 Common Stock, and 100,000,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 ordinary and outstanding 3,125,000 shares of Common Stock (of which up to 375,000 ordinary 425,000 shares are subject to forfeiture as described in the Registration Statement related to the IPOStatement) and has not issued any preference sharesno shares of Preferred Stock. All of the issued share shares of capital stock of the Company has have been duly authorized, validly issued, and are fully paid and non-assessable.. {N0382191 2 }
Appears in 2 contracts
Samples: Private Placement Unit Subscription Agreement (Zi Toprun Acquisition Corp.), Private Placement Unit Subscription Agreement (Zi Toprun Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) 500,000,000 Ordinary SharesShares with a par value of US$0.0001 each. As of the date hereof, 1,725,000 ordinary shares of the Company has are issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in and outstanding, and the Registration Statement related to the IPO) and Company has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 2 contracts
Samples: Unit Subscription Agreement (Aimei Health Technology Co., Ltd.), Unit Subscription Agreement (Aimei Health Technology Co., Ltd.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) 500,000,000 Ordinary SharesShares and (ii) 5,000,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,150,000 Ordinary Shares (of which up to 375,000 ordinary shares 150,000 Ordinary Shares are subject to forfeiture as described in the Registration Statement registration statement related to the IPO) and has not no preferred shares are issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 1 contract
Samples: Unit Subscription Agreement (Hash Space Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 55,000,000 Ordinary SharesShares with a par value of US$0.0001 each and 500,000 preference shares with a par value of $US$0.0001 each. As of the date hereof, 1,437,500 Ordinary Shares of the Company has are issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in and outstanding, and the Registration Statement related to the IPO) and Company has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 1 contract
Samples: Unit Subscription Agreement (Rising Dragon Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary 100,000,000,000 Shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 1 contract
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares(i) 300,000,000 Common Stock, and 100,000,000 undesignated preference shares. As of the date hereof, the Company has issued 2,875,000 ordinary and outstanding 3,162,500 shares of Common Stock (of which up to 375,000 ordinary 412,500 shares are subject to forfeiture as described in the Registration Statement related to the IPOStatement) and has not issued any preference sharesno shares of Preferred Stock. All of the issued share shares of capital stock of the Company has have been duly authorized, validly issued, and are fully paid and non-assessable.. {N0405972}
Appears in 1 contract
Samples: Private Placement Unit Subscription Agreement (Zi Toprun Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 55,000,000 Ordinary SharesShares with a par value of US$0.0001 each and 500,000 preference shares with a par value of US$0.0001 each. As of the date hereof, 1,437,500 Ordinary Shares of the Company has are issued 2,875,000 ordinary shares (of which up to 375,000 ordinary shares are subject to forfeiture as described in and outstanding, and the Registration Statement related to the IPO) and Company has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 1 contract
Samples: Unit Subscription Agreement (Rising Dragon Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 500,000,000 Ordinary Shares. As of the date hereof, the Company has issued 2,875,000 1,437,500 ordinary shares (of which up to 375,000 187,500 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 1 contract
Samples: Private Placement Unit Subscription Agreement (Ribbon Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 Ordinary Shares. As of the date hereof, the Company has issued 2,875,000 1,897,500 ordinary shares (of which up to 375,000 247,500 ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 1 contract
Samples: Unit Subscription Agreement (Forest Acquisition Corp.)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 50,000,000 (i) 100,000,000 Ordinary SharesShares and (ii) 1,000,000 preferred shares. As of the date hereof, the Company has issued 2,875,000 ordinary shares 1,437,500 Ordinary Shares (of which up to 375,000 ordinary shares 187,500 Ordinary Shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not no preferred shares issued any preference sharesand outstanding. All of the issued share capital of the Company has been duly authorized, validly issued, and are fully paid and non-assessable.
Appears in 1 contract
