SPAC Private Units definition

SPAC Private Units means the units issued by SPAC in a private placement to MP One Investment, LLC at the time of the consummation of the IPO consisting of one (1) share of SPAC Class A Common Stock and one SPAC Private Warrant.

SPAC Private Units means the units, each consisting of one share of SPAC Common Stock, one SPAC Right and one SPAC Warrant that the SPAC Initial Stockholders purchased from the SPAC in a private placement.

SPAC Private Units means the SPAC Units sold by SPAC to the Founders and EBC in connection with SPAC’s initial public offering.

Examples of SPAC Private Units in a sentence

• Except for the SPAC Public Shares, SPAC Public Warrants, SPAC Public Units, SPAC Private Units, SPAC Private Shares, SPAC Private Warrants, representative shares and Founder Shares set forth on Section 4.06(a) of the SPAC Disclosure Schedules or the SPAC SEC Reports (subject to any SPAC Stockholder Redemptions), immediately prior to Closing, there shall be no other outstanding Equity Securities of SPAC.

• In the event that Xxxxxx notifies Sponsor and SPAC of any default pursuant to this Section 4.1, Sponsor shall not sell, transfer, or otherwise dispose of any SPAC Shares or SPAC Private Units, other than in accordance with this Section 4.1, until such default is cured.

• As of the execution of this Agreement, assuming the separation of all SPAC Units, SPAC had 30,307,036 SPAC Shares issued and outstanding, including 5,893,750 SPAC Founder Shares, 234,286 SPAC Representative Shares 23,575,000 SPAC Public Shares, and 604,000 SPAC Shares issued as part of the SPAC Private Units, and none are held by SPAC in its treasury, and no SPAC Preference Shares issued or outstanding.

• The right to take the step in question is gone and the party must justify the grant of an extension of time from a position of default.

• Lionheart Private Units has the meaning ascribed to SPAC Private Units in the BCA.

More Definitions of SPAC Private Units

SPAC Private Units means equity securities of SPAC each consisting of one share of SPAC Class A Stock and one-third of one Private Placement Warrant.