Promoter Warrant definition

Promoter Warrant means a warrant of a separate class to SPAC Warrants issued by a SPAC exclusively to a SPAC Promoter.
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Promoter Warrant means a warrant of a separate class to SPAC Warrant issued exclusively to a SPAC Promoter;
Sample 1

Examples of Promoter Warrant in a sentence

  • Under the valuation model, multiple scenarios were used to arrive a probability-weighted value per Promoter Warrant.

  • Granted and outstanding as at 30 June 2022 39,000,000The fair value was estimated as HK$1.383 per Promoter Warrant based on Monte Carlo simulation model.

  • Issue of Successor Company Promoter WarrantsIn accordance with the provisions of the Successor Company Promoter Warrant Agreement, each Successor Company Promoter Warrant will continue to have and be subject to substantially the same terms and conditions as were applicable to such Aquila Promoter Warrant immediately prior to the Effective time under the provisions of the Aquila Promoter Warrant Agreement.

  • The fair value was HK$1.8059 per Promoter Warrant based on Monte Carlo simulation model.

  • Neither party will be responsible for delays or failures in performance resulting from acts or events beyond its control, including but not limited to, acts of nature, governmental actions, fire, labor difficulties or shortages, civil disturbances, terrorism, transportation problems, interruptions of power, natural disasters, telecommunications failures, the failure of any third-party equipment or services, or other causes beyond the reasonable control of Spheris.

  • Promoter Warrants The Promoters have committed, pursuant to the Promoter Warrant Subscription Agreement, to purchase an aggregate of [REDACTED] Promoter Warrants at a price of HK$[REDACTED] per Promoter Warrant, or HK$[REDACTED] in the aggregate, in a private placement that will close simultaneously with the completion of the Offering.

  • Principal terms of the Business Combination Agreement – (iv) Merger consideration” above, immediately following the Effective Time, each SPAC Promoter Warrant will be automatically canceled and cease to exist in exchange for one Successor Company Promoter Warrant (subject to adjustment as explained below).

  • Concurrently with the execution of the Business Combination Agreement, the Target Company, the Promoters and certain other parties named therein entered into a warrant agreement (the “Successor Company Promoter Warrant Agreement”), to take effect immediately prior to the Merger and containing the terms and conditions of the Successor Company Promoter Warrants, which are substantially the same as the terms and conditions of the Aquila Promoter Warrants under the Aquila Promoter Warrant Agreement.

  • Simultaneously, the Company issued 35,600,000 warrants (the “Promoter Warrants”) in a private placement at a price of $1.00 per Promoter Warrant.

  • Each Promoter Warrant gives the holder the right to subscribe for one Successor Share at $11.5 per share and is settled net in shares.

Related to Promoter Warrant

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Other Warrants means any other warrants issued by the Company in connection with the transaction with respect to which this Warrant was issued, and any warrant issued upon transfer or partial exercise of or in lieu of this Warrant. The term “Warrant” as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise.

  • Insider Warrants is defined in the preamble to this Agreement.

  • Subco Shares means the common shares in the capital of Subco;

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Purchaser Warranties shall have the meaning ascribed to the term in Clause 8.1;

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Warrant means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Contract Securities means the Offered Securities, if any, to be purchased pursuant to the delayed delivery contracts referred to below.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Parent Warrants has the meaning set forth in Section 5.3(a).