SPAC Class B Stock definition

SPAC Class B Stock shall have the meaning set forth in Section 5.2(a).
SPAC Class B Stock. Section 4.3(a) “SPAC Cure Period” Section 11.1(h) “SPAC Deal Communications” Section 12.18(b) “SPAC Disclosure LetterArticle IV “SPAC D&O Indemnified Parties” Section 7.6(a) “SPAC Financial Statements” Section 4.7(b) “SPAC Material Contracts” Section 4.10(a) “SPAC Non-Recourse Party” Section 12.16(b) “SPAC SEC Reports” Section 4.7(a) “SPAC Stock” Section 4.3(a) “SPAC Stockholder Meeting” Section 9.2(a)(i) “SPAC Transaction Expenses Certificate” Section 2.1(b) “SPAC Warrants” Section 4.3(a) “Sponsor” Recitals “Sponsor Members” Recitals “Sponsor Registration Rights Agreement” Recitals “Sponsor Support Agreement” Recitals “Stockholder LitigationSection 9.5 “Surviving Corporation” Recitals “Surviving Corporation Bylaws” Section 2.2(d)(ii)
SPAC Class B Stock means the Class B Ordinary Shares, par value $0.0001 per share, in the capital of SPAC.

Examples of SPAC Class B Stock in a sentence

  • All outstanding SPAC Class A Stock and SPAC Class B Stock have been duly authorized, validly issued, fully paid and are non-assessable and are not subject to, nor have been issued in violation of, any purchase option, call option, right of first refusal, preemptive right, subscription right or any similar right.

  • The aggregate number of Company Ordinary Shares into which shares of SPAC Class A Stock and shares of SPAC Class B Stock are converted pursuant to this Section 3.2(c) is referred to herein as the “Merger Consideration”.

  • As of the date of this Agreement, assuming the Unit Separation has occurred with respect to all SPAC Units, SPAC has 25,000,000 shares of SPAC Class A Stock issued and outstanding, and none are held by SPAC in its treasury, 6,250,000 shares of SPAC Class B Stock issued and outstanding and no shares of SPAC Preferred Stock issued or outstanding.

  • The aggregate number of Company Common Shares into which shares of SPAC Class A Stock and shares of SPAC Class B Stock are converted into pursuant to this Section 3.2(c) is referred to herein as the “Merger Consideration”.

  • The Sponsors, who are the holders of all of the outstanding shares of SPAC Class B Stock as of the date hereof, hereby waive any rights to anti-dilution protections with respect to the SPAC Class B Stock that may result from the PIPE Investment, including as provided in Section 4.03 of SPAC’s Amended and Restated Certificate of Incorporation, dated as of December 3, 2020 (the “SPAC Charter”).

  • As of the date of this Agreement, assuming the Unit Separation has occurred, SPAC has 25,640,000 shares of SPAC Class A Stock issued and outstanding, and none are held by SPAC in its treasury, 8,546,667 shares of SPAC Class B Stock issued and outstanding and no shares of SPAC Preferred Stock issued or outstanding.

  • The aggregate number of Target Common Shares into which shares of SPAC Class A Stock and shares of SPAC Class B Stock are converted into pursuant to this Section 3.2(c) is referred to herein as the “Merger Consideration”.

  • The number of Contingent Surrendered Class B Shares shall be allocated among Sponsors as determined by Sponsors at least one Business Day prior to the Closing Date; provided, that to the extent that no such determination is timely made, such allocation shall be pro rata based on the number of shares of SPAC Class B Stock held by each as of the date of this Agreement.

  • The shares of SPAC Class B Stock set forth on Schedule I hereto constitute all of the outstanding shares of Class B common stock of SPAC and the Sponsor Warrants set forth on Schedule I hereto constitute all of the private placement warrants of SPAC.

Related to SPAC Class B Stock

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Company Class A Common Stock means the Class A common stock, par value $0.0001 per share, of the Company.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Company Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series E Preferred Shares means the Series E 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 A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series B Stock means the Company's Series B Convertible Preferred Stock, par value $0.000001 per share.