Common use of Warrant Private Placement Clause in Contracts

Warrant Private Placement. Simultaneously with the Closing Date, the Initial Shareholders will purchase from the Company pursuant to the Purchase Agreement (as defined in Section 2.21.2 hereof), 5,750,000 warrants (and simultaneously with the Option Closing Date, up to 525,000 additional warrants), which warrants are identical to the Warrants subject to certain exceptions (collectively, the “Placement Warrants”), at a purchase price of $1.00 per Placement Warrant in a private placement intended to be exempt from registration under the Act pursuant to Section 4(a)(2) of the Act. The private placement of the Placement Warrants is referred to herein as the “Warrant Private Placement.” None of the Placement Warrants may be sold, assigned or transferred by the purchasers or their permitted transferees until thirty (30) days after consummation of a Business Combination. The proceeds from the sale of the Placement Warrants shall be deposited into the Trust Account.

Warrant Private Placement. Simultaneously with the Closing Date, the Initial Shareholders will purchase from the Company pursuant to the Purchase Agreement (as defined in Section 2.21.2 hereof), 5,750,000 6,000,000 warrants (and simultaneously with the Option Closing Date, up to 525,000 600,000 additional warrants), which warrants are substantially identical to the Warrants subject to certain exceptions (collectively, the “Placement Warrants”), at a purchase price of $1.00 per Placement Warrant in a private placement intended to be exempt from registration under the Act pursuant to Section 4(a)(2) of the Act. The private placement of the Placement Warrants is referred to herein as the “Warrant Private Placement.” None of the Placement Warrants (or underlying Ordinary Shares) may be sold, assigned or transferred by the purchasers Sponsor or their its permitted transferees until thirty (30) days after consummation of a Business Combination. The Certain proceeds from the sale of the Placement Warrants shall be deposited into the Trust Account.

Warrant Private Placement. Simultaneously with the Closing Date, the Initial Shareholders Sponsor will purchase from the Company pursuant to the Purchase Agreement (as defined in Section 2.21.2 hereof), 5,750,000 warrants (and simultaneously with the Option Closing Date, up to 525,000 additional 5,333,333 warrants), which warrants are identical to the Warrants included in the Firm Units, subject to certain exceptions (collectively, the “Placement Warrants”), at a purchase price of $1.00 1.50 per Placement Warrant in a private placement intended to be exempt from registration under the Act pursuant to Section 4(a)(2) of the Act. The private placement of the Placement Warrants is referred to herein {00930161.DOCX.2} as the “Warrant Private Placement.” None of the Placement Warrants (or underlying shares of Common Stock) may be sold, assigned or transferred by the purchasers Sponsor or their its permitted transferees until thirty (30) days after consummation of a Business Combination. The proceeds from the sale of the Placement Warrants shall be deposited into the Trust Account.

Warrant Private Placement. Simultaneously with the Closing Date, the Initial Shareholders Sponsor will purchase from the Company pursuant to the Purchase Agreement (as defined in Section 2.21.2 hereof), 5,750,000 warrants (and simultaneously with the Option Closing Date, up to 525,000 additional 4,666,667 warrants), which warrants are substantially identical to the Warrants included in the Firm Units, subject to certain exceptions (collectively, the “Placement Warrants”), at a purchase price of $1.00 1.50 per Placement Warrant in a private placement intended to be exempt from registration under the Act pursuant to Section 4(a)(2) of the Act. The private placement of the Placement Warrants is referred to herein as the “Warrant Private Placement.” None Other than as permitted by the Insider Letter (as defined below), none of the Placement Warrants (or underlying Ordinary Shares) may be sold, assigned or transferred by the purchasers Sponsor or their its permitted transferees until thirty (30) days after consummation of a Business Combination. The Certain proceeds from the sale of the Placement Warrants shall be deposited into the Trust Account.