Common use of Warrant Private Placement Clause in Contracts

Warrant Private Placement. Simultaneously with the Closing Date, the Sponsor and the Representative will purchase from the Company pursuant to Purchase Agreements (as defined in Section 2.21.2 hereof), 3,666,667 warrants (3,083,333 warrants to be purchased by the Sponsor and 583,833 warrants to be purchased by the Representative) (and simultaneously with the Option Closing Date, up to 350,000 additional warrants (262,500 warrants to be purchased by the Sponsor and 87,500 warrants to be purchased by the Representative )), which warrants are substantially identical to the Warrants subject to certain exceptions (collectively, the “Placement Warrants”), at a purchase price of $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 of the Placement Warrants (or underlying Ordinary Shares) may be sold, assigned or transferred by the Sponsor or its permitted transferees until thirty (30) days after consummation of a Business Combination. 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 Sponsor and the Representative will purchase from the Company pursuant to Purchase Agreements Agreement (as defined in Section 2.21.2 hereof), 3,666,667 warrants (3,083,333 warrants to be purchased by the Sponsor and 583,833 warrants to be purchased by the Representative) (and simultaneously with the Option Closing Date, up to 350,000 additional warrants (262,500 warrants to be purchased by the Sponsor and 87,500 warrants to be purchased by the Representative ))5,250,000 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 $1.50 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. Simultaneously with the Option Closing Date (if any), the Sponsor will purchase from the Company pursuant to the Purchase Agreement, up to an additional 450,000 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 Sharesshares of Common Stock) may be sold, assigned or transferred by the Sponsor or its permitted transferees until thirty (30) days after consummation of a Business Combination. Certain 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 Sponsor and the Representative will purchase from the Company pursuant to the Purchase Agreements Agreement (as defined in Section 2.21.2 hereof), 3,666,667 warrants (3,083,333 warrants to be purchased by the Sponsor and 583,833 warrants to be purchased by the Representative) (and simultaneously with the Option Closing Date, up to 350,000 additional warrants (262,500 warrants to be purchased by the Sponsor and 87,500 warrants to be purchased by the Representative ))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 $1.50 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. Simultaneously with the Option Closing Date (if any), the Sponsor will purchase from the Company pursuant to the Purchase Agreement, up to an additional 500,000 Placement Warrants at a purchase price of $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 of the Placement Warrants (or underlying Ordinary Sharesshares of Common Stock) may be sold, assigned or transferred by the Sponsor or its permitted transferees until thirty (30) days after consummation of a Business Combination. Certain The proceeds from the sale of the Placement Warrants shall be deposited into the Trust Account.