Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 500,000,000 Class A ordinary shares of a par value of US$0.0001 each, 50,000,000 Class B ordinary shares of a par value of US$0.0001 each and 5,000,000 preference shares of a par value of US$0.0001 each. As of the date hereof, the Company has issued 6,118,000 Class B ordinary shares (of which 798,000 Class B ordinary shares are subject to forfeiture as described in the registration statement relating to the Company’s IPO) to the Company’s sponsor and no preferred shares are issued and 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: Private Placement Units Purchase Agreement (Newbury Street II Acquisition Corp), Private Placement Units Purchase Agreement (Newbury Street II Acquisition Corp), Private Placement Units Purchase Agreement (Newbury Street II Acquisition Corp)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 500,000,000 Class A ordinary shares of a par value of US$0.0001 each, 50,000,000 Class B ordinary shares of a par value of US$0.0001 each and 5,000,000 1,000,000 preference shares of a par value of US$0.0001 each. As of the date hereof, the Company has issued 6,118,000 7,187,500 Class B ordinary shares (of which 798,000 937,500 Class B ordinary shares are subject to forfeiture as described in the registration statement relating to the Company’s IPO) to the Company’s sponsor and no preferred shares are issued and 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: Private Placement Units Purchase Agreement (Churchill Capital Corp IX/Cayman), Private Placement Units Purchase Agreement (Churchill Capital Corp IX/Cayman), Private Placement Units Purchase Agreement (Churchill Capital Corp IX/Cayman)
Valid Issuance of Share Capital. The total number of all classes of share capital which the Company has authority to issue is 500,000,000 Class A ordinary shares of a par value of US$0.0001 each, 50,000,000 Class B ordinary shares of a par value of US$0.0001 each and 5,000,000 1,000,000 preference shares of a par value of US$0.0001 each. As of the date hereof, the Company has issued 6,118,000 3,737,500 Class B ordinary shares (of which 798,000 487,500 Class B ordinary shares are subject to forfeiture as described in the registration statement relating to the Company’s IPORegistration Statement) to the Company’s sponsor and no preferred shares are issued and 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: Warrant Subscription Agreement (Colombier Acquisition Corp. Ii), Warrant Subscription Agreement (Colombier Acquisition Corp. Ii)
