SPAC Listing definition

SPAC Listing means entering into binding documentation to give effect to a sale, business combination, consolidation, amalgamation or merger of the Issuer (or any holding company or Subsidiary undertaking of the Issuer) with or into, or other transaction involving, a special purpose acquisition company or any Subsidiary undertaking thereof (“SPAC”) following which the current holders of Voting Stock in the Issuer hold securities issued by the SPAC or the Issuer (or any holding company or Subsidiary undertaking of the Issuer) that are or will be listed on a Stock Exchange, provided that the Bondholders (holding in aggregate more than 50% of the principal amount of the Bonds then outstanding) have confirmed in writing to the Issuer that the proposed SPAC Listing does not adversely affect the interests of the Bondholders under the Bond Documents (taken as a whole), and provided further that the Bondholders will act reasonably in granting such confirmation, with such confirmation not to be unreasonably withheld or delayed.
View Source
SPAC Listing means the Flotation of the issued share capital of the Borrower further to the formation of the Rockley SPAC.
View Source
SPAC Listing means the ordinary shares of LGHL being listed on the New York Stock Exchange or a successor that is a national securities exchange registered under Section 6 of the Securities Exchange Act of 1934 (as amended) from or shortly after (as the case may be) the Closing under the BCA. If an IPO (other than the SPAC Listing) occurs on any Agreed Stock Exchange other than the Main Board of the Hong Kong Stock Exchange, then the Calculation Agent may adjust such of the terms of this Confirmation as it in its sole discretion considers necessary or desirable to address any legal, regulatory or other requirements resulting from the fact that the IPO is taking place on such other Agreed Stock Exchange. The consent of Party B to any such adjustments to the terms of this Confirmation shall not be required. The Calculation Agent shall use reasonable endeavours to consult with Party B prior to making any such adjustments to the terms of this Confirmation, but failure of the Calculation Agent to do so shall not in any way affect any such adjustments to the terms of this Confirmation.
View Source

Examples of SPAC Listing in a sentence

  • The Issuer shall use commercially reasonable endeavours to effect a Qualified IPO or a Qualified SPAC Listing.

Related to SPAC Listing

  • De-listing means, in respect of any relevant Securities, that the Exchange announces that pursuant to the rules of such Exchange, the Securities cease (or will cease) to be listed, traded or publicly quoted on the Exchange for any reason (other than a Merger Event or Tender Offer) and are not immediately re-listed, re- traded or re-quoted 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 state of the European Union).

  • Primary Listing means the single White Pages directory listing for residence and business Customers provided by CBT, and the basic Yellow Pages directory listing provided for business Customers by Publisher. Each telephone configuration that allows a terminating call to ▇▇▇▇ for an available line among a series of lines shall be considered a single Customer entitled to a single primary listing.

  • Blacklisting means barring a bidder, contractor, consultant or supplier from participating in any future procurement proceedings.

  • Direct Listing means the Company’s initial listing of its Common Stock (other than shares of Common Stock not eligible for resale under Rule 144 under the Securities Act) on a national securities exchange by means of an effective registration statement on Form S-1 filed by the Company with the SEC that registers shares of existing capital stock of the Company for resale, as approved by the Company’s board of directors. For the avoidance of doubt, a Direct Listing will not be deemed to be an underwritten offering and will not involve any underwriting services.

  • Standard Listing Conditions has the meaning ascribed thereto in Section 4.3;