SPAC Private Placement Warrants definition

SPAC Private Placement Warrants means the warrants sold by SPAC in a private placement effected at the time of SPAC’s initial public offering (whether purchased in such private placement or thereafter pursuant to a transfer by the former holder thereof) that entitle the holder thereof to purchase SPAC Class A Shares at an exercise price of $11.50 per share.
SPAC Private Placement Warrants has the meaning set forth to such term in the Merger Agreement.
SPAC Private Placement Warrants means each warrant of SPAC entitling the holder thereof to purchase SPAC Class A Shares pursuant to the terms of that certain Private Placement Warrants Purchase Agreement, dated as of December 14, 2021, by and between SPAC and Sponsor.

Examples of SPAC Private Placement Warrants in a sentence

  • Sponsor hereby agrees that following the consummation of the Share Cancellation but immediately prior to the Second Merger Effective Time and subject to consummation of the Second Merger, 2,050,000 SPAC Private Placement Warrants held by Sponsor shall be transferred to the Company Shareholders for no consideration and effective as of the Second Merger Effective Time.

  • As of the date hereof, the Sponsor is the holder of record and the beneficial owner of 4,312,500 shares of SPAC Class B Common Stock and 4,850,000 SPAC Warrants, all of which are SPAC Private Placement Warrants, and such shares of SPAC Common Stock and SPAC Warrants are the only equity securities in SPAC owned of record or beneficially by Sponsor on the date of this Agreement.

  • As of the date hereof, SPAC has issued 4,850,000 SPAC Private Placement Warrants that entitle the holder thereof to purchase SPAC Class A Common Stock at an exercise price of $11.50 per share on the terms and conditions set forth in the applicable warrant agreement.

  • Immediately prior to, and contingent upon, the First Effective Time, Sponsor hereby agrees to contribute to the capital of SPAC for no consideration (i) 4,312,500 SPAC Shares and (ii) 4,450,000 SPAC Private Placement Warrants, each beneficially owned by Sponsor as of the date hereof (the “Contribution”).

  • As of the date hereof, the Sponsor is the holder of record and the beneficial owner of 3,593,750 SPAC Class B Ordinary Shares and 4,456,250 SPAC Warrants, all of which are SPAC Private Placement Warrants, and such SPAC Ordinary Shares and SPAC Warrants are the only equity securities in SPAC owned of record or beneficially by Sponsor on the date of this Agreement.


More Definitions of SPAC Private Placement Warrants

SPAC Private Placement Warrants means each warrant to purchase shares of SPAC Class A Common Stock sold by SPAC at a price of $1.00 per warrant in a private placement to the Sponsor and CA2.
SPAC Private Placement Warrants means the SPAC Anchor Investor Warrants and the SPAC Sponsor Warrants.
SPAC Private Placement Warrants means SPAC Warrants sold by SPAC at a price of $1.00 per warrant in a private placement to the Sponsor and CA2.
SPAC Private Placement Warrants means the warrants sold by SPAC in a private placement effected at the time of SPAC’s initial public offering (whether purchased in such private placement or thereafter pursuant to a transfer by the former holder thereof), each such warrant entitles the holder thereof to purchase one SPAC Ordinary Share at an exercise price of $11.50 per whole share.
SPAC Private Placement Warrants means, collectively, the SPAC Warrants acquired by the Sponsor pursuant to that certain Private Placement Warrants Purchase Agreement dated as of December 16, 2021 by and between SPAC and the Sponsor;
SPAC Private Placement Warrants means the 5,933,333 warrants sold to Sponsor in a private placement that closed simultaneously with the IPO.
SPAC Private Placement Warrants means the Warrants (as defined in the SPAC Private Warrant Agreement).