PIPE Investment definition

PIPE Investment has the meaning specified in the Recitals hereto.

PIPE Investment means the purchase of shares of Domesticated Acquiror Common Stock pursuant to the Subscription Agreements.

PIPE Investment means the purchase of Parent A Shares pursuant to the PIPE Agreement.

Examples of PIPE Investment in a sentence

• Nothing in this Agreement shall be deemed to prevent any such grant of rights by Pxxxxx (i) at or prior to Closing to investors in the PIPE Investment or other transactions or other equity or debt financing arrangements mutually acceptable to the Parties in furtherance of the satisfaction of the condition precedent to Closing set forth in Section 7.01(j) of the Merger Agreement, or (ii) after Closing to any individual or entity that is at such time a shareholder of Parent.

• Pubco shall take all actions required under the PIPE Subscription Agreements with respect to the timely issuance and delivery of the Pubco Ordinary Shares issuable in connection with the PIPE Investment, whether in certificate or book-entry form, as and when required under any such PIPE Subscription Agreement.

• From the date hereof until the Closing Date, SPAC and the Company shall, and shall cause their respective financial advisors and legal counsels to, keep each other and their respective financial advisors and legal counsels reasonably informed with respect to the PIPE Investment.

• The cash proceeds available to either the SPAC Parties or the Company Parties from the PIPE Investment shall be no less than an aggregate of $10,000,000.

• SPAC and the Company shall, and shall cause their respective Representatives to, cooperate with each other and their respective Representatives in connection with such PIPE Investment and use their respective commercially reasonable efforts to cause such PIPE Investment to occur (including having the Company’s senior management participate in any investor meetings and roadshows as reasonably requested by SPAC).

More Definitions of PIPE Investment

PIPE Investment has the meaning specified in Section 8.04(a).

PIPE Investment has the meaning set forth in Section 6.12(b).

PIPE Investment has the meaning set forth in the recitals to this Agreement.

PIPE Investment means the private placement of 5,000,000 shares of Common Stock for an aggregate of $50,000,000 in a private placement immediately prior to the Closing.

PIPE Investment means the issuance and sale of $200,000,000 of common stock in a private placement to the PIPE Investors pursuant to the Subscription Agreements.

PIPE Investment means the issuance and sale of $200,000,000 of common stock in a private placement to the PIPE Investors pursuant to the Subscription Agreements; “PIPE Investors” mean those certain investors participating in the PIPE Financing pursuant to the Subscription Agreements and the Forward Purchase Agreements; “PPP Loan” means Paycheck Protection Program Loan;

PIPE Investment means the private placement pursuant to which the PIPE Investors have made a private investment in the aggregate amount of $70,000,000 in public equity in the form of Class A common stock following the Domestication and immediately prior to the Closing on the terms and conditions set forth in the PIPE Subscription Agreements. An institutional investor that had committed to purchase an aggregate of 1,000,000 shares of Class A common stock for $10.00 per share to be included in the PIPE Investment defaulted under its subscription agreement, and failed to fund the $10,000,000 investment it had committed to make (See “Legal Proceedings”).