Examples of PIPE Share in a sentence
At the Effective Time, each PIPE Share and each Sponsor Share will be converted into, and the PIPE Investors and the Sponsors shall have the right to receive in respect of each Quantum Share, one TradeStation Share.
The “Warrant Securities” means a number of shares of Common Stock and/or other securities, including units of securities, sold in the PIPE Offering, subject to adjustment as provided herein, equal to (x) the Warrant Coverage (as defined below) multiplied by (y) the Purchase Price (as defined in the Securities Purchase Agreement), (z) divided by the PIPE Share Price.
For purposes of this Warrant, “Exercise Price” means 120% of the PIPE Share Price (as defined in the Securities Purchase Agreement), subject to adjustment as provided herein.
Each holder of shares of BAXL Common Stock exchanged pursuant to the Merger who would otherwise have been entitled to receive a fraction of a share of Pubco Common Stock shall receive, in lieu thereof, cash (rounded to the nearest whole cent and without interest) in an amount equal to such fractional part of a share of Pubco Common Stock, multiplied by the Pubco PIPE Share Price.
Notwithstanding the foregoing, Sections 2.1.5, 2.2.1 and 2.3.2 and the definitions of “Merger Share Holders” and “PIPE Share Holders” herein shall not be amended without the written consent of the holders of a majority-in-interest of the Merger Shares held by the Merger Share Holders and the holders of a majority-in-interest of the PIPE Shares held by the PIPE Share Holders.
The First PIPE Share Issue executed on March 16, 2022, meant a share capital increase of €1,500 thousand (12,500,000 Ordinary Shares at a price of €0.12 per share) and a rise in share premium of €111,873 thousand.
Each SPAC Share held in SPAC’s treasury or owned by the Company or Merger Sub or any other wholly-owned subsidiary of the Company or SPAC immediately prior to the Effective Time (each, an “Excluded Share”), other than an Excluded Share that is a PIPE Share held by the Company, shall be cancelled and shall cease to exist, and no consideration shall be paid or payable with respect thereto.
In the aggregate, the PIPE Investors have committed to purchase $250.0 million of PIPE Shares, at a purchase price of $10.00 per PIPE Share, including $10.0 million of PIPE Shares to be purchased by an affiliate of our sponsor.FoA is a vertically integrated, diversified lending platform that connects borrowers with investors.
Notwithstanding anything to the contrary provided herein or elsewhere in this Agreement, in the event any Dissenters' Compensation is paid to any Person, the aggregate of all Dissenters' Compensation shall reduce Envirosystems 40% Interest by subtracting therefrom a number of Pubco shares equal to the aggregate Dissenters' Compensation divided by the Pubco PIPE Share Price.
At any time and from time to time on or after sixty (60) days following the consummation of the Merger, the holders of a majority-in-interest of the Merger Shares held by the Merger Share Holders or the holders of a majority-in-interest of the PIPE Shares held by the PIPE Share Holders (in either case, the “Demanding Holders”) may make a written demand for Registration under the Securities Act of all or part of their Registrable Securities (a “Demand Registration”).