Founder Warrants definition

Founder Warrants means the warrants issued in the Private Placement.
Founder Warrants means the 3,848,750 warrants issued in a concurrent private placement at the time of the IPO to our Founder Holders (and/or their designees), each exercisable to purchase one share of Class A common stock at $11.50 per share.
Founder Warrants is defined in the recitals to this Agreement.

Examples of Founder Warrants in a sentence

  • In addition, if the Company calls the outstanding Warrants and the Founder Warrants for redemption as provided in Section 6 hereof, the holder of the Founder Warrants may exercise the Founder Warrants on a cashless basis.

  • Upon any such transfer, a new Warrant Certificate representing an equal aggregate number of Founder Warrants shall be issued and the Warrant Certificate shall be cancelled by the Warrant Agent.

  • The Company understands that the redemption rights provided for by this Section 6 apply only to outstanding Founder Warrants.

  • Founder Warrants may not be exercised by, or securities issued to, any registered holder in any state in which such exercise would be unlawful.

  • To the extent a person holds rights to purchase Founder Warrants, such purchase rights shall not be extinguished by redemption.


More Definitions of Founder Warrants

Founder Warrants shall have the meaning given in the Recitals hereto.
Founder Warrants means the warrants purchased privately by certain of the Founders simultaneously with the consummation of Parent’s initial public offering.
Founder Warrants means those certain warrants issued by FIHL to Crestview FIHL Holdings, L.P., Crestview FIHL TE Holdings, Ltd., Pine Brook Feal Intermediate, L.P. and CVC Falcon Holdings Limited over FIHL Shares;
Founder Warrants means the 23,000,000 warrants of the Company to purchase shares of Common Stock issued as part of the Founder Units to the Investors (including the underlying shares of Common Stock) (or such lesser number of warrants that the Investors may hold if the Underwriter’s over-allotment option is not exercised in full by the Underwriter), giving effect to the split of the Founder Units.
Founder Warrants means, collectively, the Founder Public Warrants and Founder Private Placement Warrants.
Founder Warrants means 5,000,000 Warrants granted to the Founding Directors to
Founder Warrants means the Private Warrants and the Debenture Holder Warrants, collectively; “JOBS Act” means the Jumpstart Our Business Startups Act of 2012, as amended;