Earnout Warrants definition

Earnout Warrants means the warrants to purchase Warrant Earnout Shares to be issued to holders of in-the-money Shapeways Warrants at the Closing in accordance with the terms of the Merger Agreement.
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Earnout Warrants means warrants in the form of Exhibit D to be issued to the Shareholder Representative on the date hereof as nominee for the Company Shareholders and deposited into escrow.
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Earnout Warrants means 6,500,000 warrants, each exercisable for the purchase of one (1) PubCo Common Share at an exercise price of $11.50 per PubCo Common Share.
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Examples of Earnout Warrants in a sentence

  • On October 19, 2015, the Company issued 714,286 Earn-out Warrants as part of its acquisition of Love Child (note 6).

  • The value attributed to the Earn-out Warrants was $232 recognized in contributed surplus; • $0.6 million in earn-out shares valued at up to $0.8 million (“Earn-out Shares”), issuable after the financial results from the quarter-ended September 30, 2017 are publicly released.

  • These Earn-out Warrants are contingent on the Love Child gross revenue for the twelve month period ended September 30, 2017 exceeding certain revenue targets.

  • If the Private Warrants and Earnout Warrants are held by someone other than their initial purchasers or their permitted transferees, then the Private Warrants and Earnout Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants.

  • On the date of acquisition the probability of Love Child achieving those revenue targets was set at 100% and the Earn-out Warrants were valued using the Black-Scholes pricing model with the following assumptions: dividend yield 0%, risk-free interest rate of 0.52%, expected volatility of 43.6% and an expected life of two years.

  • These Earn-out Warrants are contingent on the Love Child gross revenue for the twelve-month period ended September 30, 2017 exceeding certain revenue targets.

  • On the date of acquisition the probability of Love Child achieving those revenue targets was set at 100% and the Earn-out Warrants were valued using the Black- Scholes pricing model with the following assumptions: dividend yield 0%, risk-free interest rate of 0.52%, expected volatility of 43.6% and an expected life of two years.

  • During discussion of this item, interventions were made by Cameroon and ITTO.

  • Additionally, the Private Warrants and Earnout Warrants are non-redeemable so long as they are held by the initial purchasers or such purchasers’ permitted transferees.

  • This number includes 597,615 ordinary shares issuable upon the exercise of Company Earnout Warrants.


More Definitions of Earnout Warrants

Earnout Warrants means those certain warrants issued by the Company pursuant to the Securities Purchase Agreement and any succeeding warrant of like tenor issued pursuant to any Earnout Warrant;
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Related to Earnout Warrants

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C attached hereto.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Placement Warrants shall have the meaning given in the Recitals hereto.

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.