Examples of PIPE Investments in a sentence
In connection with the Business Combination, the cash held in the Trust Account (after giving effect to any redemptions), the anticipated proceeds from the PIPE Investments and the proceeds of the Debt Financing (as defined below) will be used to pay fees and expenses related to the transaction and for general corporate purposes.
The consideration of the Target Disposing Shares is HK$298 million and it will be satisfied by primarily proceeds from the PIPE Investments and proceeds from the SPAC IPO (other than the amount paid to the Redeeming SPAC Shareholders and the Dissenting SPAC Shareholders).
As the Business Combination, PIPE Investments and other related proposed equity transactions are being reflected as if they had occurred at the beginning of the period presented, the calculation of weighted average shares outstanding for basic and diluted net loss per share assumes that the shares issuable relating to the Business Combination have been outstanding for the entire period presented.
Figure 3: U.S. Venture Capital (VC), Private Equity (PE), Over-the-Counter (OTC), and Private Investment in Public Equities (PIPE) Investments in Fuel Cell Companies (2010 – 2012) Source: Breakthrough Technologies Institute using data from Bloomberg New Energy FinanceTotal venture capital investment in fuel cells was $214.6 million in 2012, down from $402.9 million in 2011 but significantly higher than the $60.9 million in venture capital investment reported in 2010.
Holdco also intends to pursue Additional PIPE Subscription Agreements to purchase Holdco Class B shares under substantially similar subscription agreements prior to the Closing, provided that such Additional PIPE Investments, together with the Initial PIPE Investment, will not exceed $400,000,000.
Promptly following the Initial Merger Effective Time PubCo shall deliver notices to the parties to the Private Placement and the Sponsor Subscription Agreement to cause the release of funds from escrow to PubCo immediately prior to Acquisition Closing and to cause the Investors that are mutual funds (the “Mutual Fund Investors”) to complete the consummation of their respective PIPE Investments immediately prior to Acquisition Closing.
The table excludes the transfer of 4,333,333 shares of FACT Class B Ordinary Shares from the Sponsor to certain third parties pursuant to working capital lending arrangements, non-redemption agreements, PIPE Investments, and the settlement of accrued expenses related to the Business Combination.
To maintain a drug-free workplace, the City of Allentown has established a drug-free awareness program.
The consulting firm Arthur Andersen lost reputation and together with it the majority of its clients.
On or around the Closing Date, the Sponsor transferred 4,333,333 FACT Class B Ordinary Shares to certain third parties pursuant to working capital lending arrangements, non-redemption agreements, PIPE Investments and the settlement of FACT’s accrued expenses associated with the Business Combination.