SPAC Preferred Stock definition

SPAC Preferred Stock means preferred stock of SPAC, par value $0.0001 per share.

SPAC Preferred Stock shall have the meaning set forth in Section 5.2(a).

SPAC Preferred Stock means the Preferred Stock of the SPAC with rights, preferences and privileges as set forth in the Certificate of Designation.

Examples of SPAC Preferred Stock in a sentence

• As of the date of this Agreement, there are no shares of SPAC Preferred Stock issued and outstanding.

• As of the date of this Agreement, there are no shares of SPAC Preferred Stock or Class B Common Stock issued and outstanding.

• As of the date of this Agreement (x) 16,215,132 shares of SPAC Common Stock are issued and outstanding (which includes 12,965,132 shares subject to Redemption Rights), all of which are validly issued, fully paid and non-assessable and not subject to any preemptive rights, (y) no shares of SPAC Preferred Stock are issued and outstanding and (z) 17,150,000 SPAC Warrants are issued and outstanding, each exercisable for one (1) share of SPAC Common Stock at an exercise price of $11.50.

• There are no shares of SPAC Preferred Stock issued and outstanding.

• As of the date of this Agreement, (i) 33,421,570 shares of SPAC Class A Common Stock are issued and outstanding, (ii) 8,355,393 shares of SPAC Class B Common Stock are issued and outstanding, (iii) no shares of SPAC Preferred Stock are issued and outstanding, (iv) no shares of SPAC Common Stock, or SPAC Preferred Stock are held in treasury, (v) 26,410,785 SPAC Warrants are outstanding and (vi) 26,410,785 shares of SPAC Class A Common Stock are reserved for issuance on exercise of the SPAC Warrants.

• 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.

• As of the date hereof, there are no shares of SPAC Preferred Stock issued and outstanding.

• All outstanding shares of Existing SPAC Common Stock and Existing SPAC Preferred Stock and all Private Placement Warrants have been duly authorized, validly issued and fully paid, are non-assessable and are not subject to preemptive rights.

• 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.

• There are no issued or outstanding shares of SPAC Preferred Stock or SPAC Securities that are convertible or exchangeable into SPAC Preferred Stock.

More Definitions of SPAC Preferred Stock

SPAC Preferred Stock has the meaning given to such term in Section 5.03(a).

SPAC Preferred Stock is defined in Section 4.03(a).