Insider Warrants definition

Insider Warrants is defined in the preamble to this Agreement.

Insider Warrants means the Warrants being purchased privately by certain of the Investors simultaneously with the consummation of the Company’s initial public offering.

Insider Warrants means the 4,550,000 warrants ASM SPAC(1) Limited, Xxxxx Xx, Xxxxxxx Xxx, Xxxxxxx Xxxx and Xxxxxxx Xxxxxxx have committed to purchase at a price of $1.00 per warrant for an aggregate purchase price of $4,550,000 in a private placement that will occur immediately prior to the completion of the IPO.

Examples of Insider Warrants in a sentence

• The shares of common stock issuable upon exercise of Insider Warrants shall be unregistered shares.

• The Insider Warrants and Representative’s Warrants shall have the same terms and be in the same form as the Public Warrants.

• The Company has entered into a warrant agreement with respect to the Warrants, the Insider Warrants and the Representative’s Warrants with Continental Stock Transfer & Trust Company substantially in the form annexed as Exhibit 4.5 to the Registration Statement (“Warrant Agreement”).

• Simultaneously with the consummation of the Offering, the purchase price for the Insider Warrants shall be deposited in the Trust Fund.

• However, once an Insider transfers his Insider Warrants, such Insider Warrants shall then be redeemable by the Company pursuant to Section 6 hereof.

More Definitions of Insider Warrants

Insider Warrants means all of the warrants exercisable for shares of Common Stock owned by an Insider prior to the IPO.

Insider Warrants shall have the meaning given in the Recitals hereto.

Insider Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited. 6 To be included for indemnifying party letters only.

Insider Warrants means the Warrants that are being sold to certain of the Insiders in a private placement that shall occur simultaneously with the consummation of the Offering; (v) “IPO Shares” shall mean the shares of Common Stock issued in the Offering; and (vi) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Offering will be deposited.

Insider Warrants means the warrants being sold privately by the Company to the sponsor, (f) “IPO Shares” mean all Ordinary Shares issued in the IPO; (g) “Ordinary Shares” mean the ordinary shares, no par value, of the Company, (h) “Person” means any individual or entity, including, but not limited to, all corporations, partnerships and limited liability companies, (i) “Registration Statement” means that certain registration statement of the Company on Form F-1, as amended, relating to the IPO, (j) “Termination Event” means any failure by the Company to consummate a Business Transaction within 21 months from the effective date of its Registration Statement, and (k) “Trust Account” means that certain trust account in which the proceeds of the IPO are deposited and held for the benefit of the holders of the IPO Shares, as described in greater detail in the Registration Statement.

Insider Warrants means the 5,725,000 warrants being sold privately by the Company to Ho Capital Management LLC;

Insider Warrants means the 3,500,000 Warrants (or 4,025,000 warrants, if the Underwriter exercises its Option (as defined below) in full) to purchase shares of Common Stock to be issued to Liberty Lane Funding LLC (the “Sponsor”) in a private placement immediately prior to the IPO;