Examples of IPO Warrant in a sentence
The IPO Warrant Agreement also provides for a cashless exercise option to the holders of the IPO Warrants.
In connection with the warrants issued in the IPO, Delwinds entered into a warrant agreement with Continental Stock Transfer & Trust Company to be the warrant agent for such warrants (the “IPO Warrant Agreement”).The IPO Warrant Agreement provides that the terms of the IPO Warrants may be amended with the approval of the holders of at least a majority of the then outstanding Public Warrants to make any change that adversely affects the interests of the registered holders of Public Warrants.
As of the date of this Agreement, other than as set forth in the Parent Charter, the Underwriting Agreement, the IPO Warrant Agreement or the Trust Agreement, there are not and as of the Closing Date there will not be any outstanding contractual obligations of Parent or Sub to repurchase, redeem or otherwise acquire any shares of capital stock of Parent or Sub.
Once a Private Warrant is transferred to a holder other than an affiliate or permitted transferee, it shall be treated as an IPO Warrant hereunder for all purposes.
In the event that the Warrant is a Private Warrant, Working Capital Warrant, or Post IPO Warrant that is to be exercised on a “cashless” basis pursuant to subsection 3.3.1(c) of the Warrant Agreement, the number of shares of Common Stock that this Warrant is exercisable for shall be determined in accordance with subsection 3.3.1(c) of the Warrant Agreement.
IPO Warrants, IPO Warrant Shares, Representatives' Warrants and Representatives Warrant Shares The Registration Statement of which this Prospectus forms a part covers the issuance of the IPO Warrant Shares upon exercise of the IPO Warrants including the warrants included therein.
Each IPO Warrant is exercisable into one common share at an exercise price of $0.50 per Warrant Share until December 17, 2021, subject to acceleration in certain events.
For the avoidance of doubt, nothing in this Agreement shall restrict the IPO Warrant Holder from acquiring additional IPO Warrants subsequent to the date hereof and such additional IPO Warrants shall not be subject to the terms of this Agreement.
As of the date of this Agreement, other than as set forth in the Parent Charter, the Underwriting Agreement, the IPO Warrant Agreement or the Trust Agreement, there are not any outstanding contractual obligations of Parent or Merger Sub to repurchase, redeem or otherwise acquire any shares of capital stock of Parent or Merger Sub.
Notwithstanding anything herein to the contrary, each IPO Warrant Holder’s obligation to tender (or cause to be tendered) and to consent under this Agreement is conditioned on there being no amendment to the terms of the Exchange Offer that is materially adverse to such IPO Warrant Holder.