Examples of Private Placement in a sentence
The Company has entered into the Trust Agreement with respect to certain proceeds of the Offering and the Private Placement substantially in the form annexed as an exhibit to the Registration Statement.
Upon issuance in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement, the Private Placement Warrants will constitute valid and binding obligations of the Company, enforceable in accordance with their terms as of the Closing Date.
On or prior to the Closing Date and following receipt of the funds required to purchase the Placement Warrants pursuant to the terms of the Purchase Agreements, the Company shall cause the applicable proceeds from the Private Placement to be deposited in the Trust Account pursuant to the terms of the Purchase Agreements.
Each of the Working Capital Warrants shall be identical to the Private Placement Warrants.
The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the Warrant Agreement and the issuance and sale of the Private Placement Warrants hereunder.