Examples of IPO in a sentence
The Executive’s Base Salary may be increased on each anniversary of the Company’s IPO, at the Board’s sole discretion.
In the event the Subscriber purchases Ordinary Shares in the IPO or in the aftermarket, any additional shares so purchased shall be eligible to receive the redemption value of such Ordinary Shares upon the same terms offered to all other purchasers of Ordinary Shares in the IPO in the event the Company fails to consummate the Business Combination.
The closing of the purchase and sale of the Initial Sponsor Units shall take place simultaneously with the closing of the IPO, and the closing of the purchase and sale of the Sponsor Additional Sponsor Units shall take place simultaneously with the closing of the applicable portion of the Over-Allotment Option (each a “Closing Date”).
As of the date hereof, the Company has issued 1,581,250 Class B ordinary shares (of which up to 206,250 Class B ordinary shares are subject to forfeiture as described in the Registration Statement related to the IPO) and has not issued any preference shares.
The closing of the purchase and sale of the Initial Underwriter Units shall take place simultaneously with the closing of the IPO, and the closing of the purchase and sale of the Underwriter Additional Underwriter Units shall take place simultaneously with the closing of the applicable portion of the Over-Allotment Option (each a “Closing Date”).