Founder Warrants definition

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 shall have the meaning given in the Recitals hereto.

Examples of Founder Warrants in a sentence

  • Changes in the fair value of the Warrants and Founder Warrants are recorded in the statement of profit or loss for each period.

  • The Company hereby appoints the Warrant Agent to act as agent for the Company for the Founder Warrants, and the Warrant Agent hereby accepts such appointment and agrees to perform the same in accordance with the terms and conditions set forth in this Agreement.

  • The Founder Warrants may be exercised in accordance with Section 3 of this Agreement at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof and prior to the time and date fixed for redemption.

  • On and after the redemption date, the record holders of the Founder Warrants shall have no further rights except to receive, upon surrender of the Founder Warrants, the Redemption Price.

  • The Warrant Agent is hereby authorized to countersign and to deliver, in accordance with the terms of this Agreement, the Founder Warrants required to be issued pursuant to the provisions of this Section 5, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Founder Warrants duly executed on behalf of the Company for such purpose.


More Definitions of Founder Warrants

Founder Warrants is defined in the recitals to this Agreement.
Founder Warrants means the warrants being purchased privately by certain of the Investors simultaneously with the consummation of the Company’s initial public offering.
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 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, collectively, the Founder Public Warrants and Founder Private Placement Warrants.
Founder Warrants means the founder warrants of the Company acquired by the Sponsor;
Founder Warrants shall have the meaning set forth in Section 2.03(b)(2).