Class B Ordinary Shares definition

Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

Class B Ordinary Shares shall have the meaning given in the Recitals hereto.

Class B Ordinary Shares means the Company’s Class B ordinary shares, par value $0.0001 per share.

Examples of Class B Ordinary Shares in a sentence

• For the avoidance of doubt, no adjustment shall be made to the terms of the Warrants solely as a result of an adjustment to the conversion ratio of the Company’s Class B ordinary shares (the “Class B Ordinary Shares”) into Class A Shares or the conversion of the Class B Ordinary Shares into Class A Shares, in each case, pursuant to the Charter.

• On May 22, 2024, the Company issued 40,000 Ordinary Shares to each of its non-executive director nominees (an aggregate of 160,000 Ordinary Shares) (the “Director Class A Shares” and, together with the Sponsor Class B Ordinary Shares, the “Founder Shares”).

• As of the date hereof, the Company has issued and outstanding 5,750,000 Class B Ordinary Shares (of which up to 750,000 shares are subject to forfeiture as described in the Registration Statement) and no Preference Shares.

• Notwithstanding anything to the contrary herein, no adjustment shall be made to the terms of the Warrants solely as a result of an adjustment to the conversion ratio of the Company’s Class B ordinary shares (the “Class B Ordinary Shares”) into Ordinary Shares or the conversion of the Class B Ordinary Shares into Ordinary Shares, in each case, pursuant to the Charter.

• The Class A Ordinary Shares issuable upon conversion of the Class B Ordinary Shares have been duly authorized and reserved for issuance upon such conversion.

More Definitions of Class B Ordinary Shares

Class B Ordinary Shares means the Class B ordinary shares of the Company with a par value of US$0.000001 per share, with the rights and privileges as set forth in the Amended M&AA and the Shareholders Agreement.

Class B Ordinary Shares shall have the meaning set forth in the recitals to this Agreement.

Class B Ordinary Shares means class B ordinary shares, par value US$0.00005 per share of the Company;

Class B Ordinary Shares and, together with the Class A Ordinary Shares, the “Ordinary Shares”), Warrants or any securities convertible into, or exercisable, or exchangeable for, Class A Ordinary Shares owned by him, her or it; provided, however, that the foregoing shall not apply to transfers to the Sponsor by the Insiders, (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Units, Class A Ordinary Shares, Founder Shares, Warrants or any securities convertible into, or exercisable, or exchangeable for, Class A Ordinary Shares owned by him, her or it, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise or (iii) publicly announce any intention to effect any transaction specified in clause (i) or (ii). If the undersigned is an officer or director of the Company, the undersigned further agrees that the forgoing restrictions shall be equally applicable to any issuer-directed Units that the undersigned may purchase in the Public Offering.

Class B Ordinary Shares means: class B ordinary shares in the capital of the Company;

Class B Ordinary Shares means Class B ordinary shares of the Company, par value $0.0001 per share

Class B Ordinary Shares means ordinary shares, US$0.01 par value, of the Issuer.