Initial Ordinary Shares definition

Initial Ordinary Shares means all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.
Sample 1Sample 2Sample 3
Initial Ordinary Shares means all of the Ordinary Shares of the Company owned by an Initial Shareholder prior to the IPO;
Sample 1Sample 2Sample 3
Initial Ordinary Shares means the ten million Class A Ordinary Shares and Class B Ordinary Shares, in the aggregate, issued on the Effective Date of the Plan.
Sample 1

Examples of Initial Ordinary Shares in a sentence

  • Information regarding the price of Rentokil Initial Ordinary Shares can be obtained by calling Innisfree at 877-456-3422.You can find additional information on the terms of the Transaction and related transactions in the Proxy Statement/Prospectus.

  • Subscriber further acknowledges that because the Company is a shell company, Rule 144 may not be available to the Subscriber for the resale of the Initial Ordinary Shares until one year after following consummation of the initial business combination of the Company, despite technical compliance with the requirements of Rule 144 and the release or waiver of any contractual transfer restrictions.

  • Based on this determination, the number of Founders’ Initial Ordinary Shares held by the Founders prior to the Private Placement will be reduced prior to the Listing so as to result in the number of Founders’ Initial Ordinary Shares in issue upon the Listing equalling 20% of the total number of Ordinary Shares (including the Founders’ Initial Ordinary Shares) in issue immediately after the issue of Ordinary Shares pursuant to the Private Placement, or 750 000 000 Ordinary Shares, whichever is the lesser.

  • Notwithstanding, the Subscriber may transfer the Initial Ordinary Shares, subject to the transfer restrictions contained Section 2.1.8 and Section 4, to members of the Company’s proposed management team on substantially similar terms contained herein.

  • If any of the Initial Ordinary Shares are redeemed in accordance with this Section 3, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such Initial Ordinary Shares, and the Company shall take such action as is appropriate to cancel such Initial Ordinary Shares.

  • The obligation of the Underwriters to purchase the Initial Ordinary Shares will be evidenced by an agreement or exchange of other written communications (the "Terms Agreement") at the time the Company determines to sell the Initial Ordinary Shares.

  • In terms of the Founders Agreement, the Underwriters have, collectively, subscribed for 4 Constituent Shares and the Founders have, collectively, subscribed for the Founders’ Initial Ordinary Shares.

  • The obligations of the Underwriters to purchase the Initial Ordinary Shares will be several and not joint.

  • CAET is prohibited from disposing of its Founders Initial Ordinary Shares until the later of (i) the second anniversary of the Completion of the acquisition of Viable Assets by the Company and (ii) the date upon which the Company’s Ordinary Shares have traded on the JSE at a volume weighted average price of at least R1.20 per share for 20 out of 30 consecutive trading days after the Completion of the acquisition of Viable Assets by the Company.

  • Appropriate adjustments to reflect the distribution of such securities or property shall be made to the number and/or class of Initial Ordinary Shares subject to this Section 4.

Related to Initial Ordinary Shares

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

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

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

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

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

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Common Shares means the common shares in the capital of the Corporation;

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Parent Ordinary Shares means the ordinary shares, no par value per share, of Parent.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Ordinary Shareholder means a holder of ordinary shares;

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • 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.

  • Ordinary Shareholders means the holders of Ordinary Shares;

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Ordinary Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares or ADSs, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares or ADSs.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.