SPAC Private Warrant definition

SPAC Private Warrant means a redeemable warrant to purchase one SPAC Class A Ordinary Share at an exercise price of USD $11.50 per share sold in a private placement consummated concurrently with the SPAC IPO. SPAC Proposals the approval of the proposals at the SPAC Shareholders Meeting, including the following:
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SPAC Private Warrant means a warrant of SPAC entitling the holder thereof to purchase one share of SPAC Class A Common Stock in accordance with terms described of the Private Warrant Agreement with respect to the placement warrants of SPAC.
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SPAC Private Warrant means a warrant to purchase one (1) SPAC Class A Share at an exercise price of eleven Dollars fifty cents ($11.50) originally issued to the Sponsor.
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Examples of SPAC Private Warrant in a sentence

  • Each such MergeCo Founder Warrant will be subject to substantially the same terms and conditions set forth in the warrant agreement pursuant to which such SPAC Private Warrant was issued immediately prior to the SPAC Merger Effective Time.

  • Further liberalisation may increase interest rate volatility and, as a result, the value of the Notes and Warrants may fluctuate as well.

  • Each (i) SPAC Public Warrant outstanding immediately prior to the Merger Effective Time shall be automatically converted into the right to receive one TopCo Public Warrant and (ii) SPAC Private Warrant outstanding immediately prior to the Merger Effective Time shall be automatically converted into the right to receive one TopCo Private Warrant, and all SPAC Warrants shall thereupon cease to be outstanding and shall automatically be canceled and retired and shall cease to exist.

  • Each SPAC Private Warrant shall remain outstanding but shall be automatically adjusted to become one (1) Parent Public Warrant (each, a “Parent Founder Warrant”).

  • At the SPAC Merger effective Time, each issued and outstanding SPAC Public Warrant shall be converted into one (1) Holdings Public Warrant and each issued and outstanding SPAC Private Warrant shall be converted into one (1) Holdings Private Warrant.

  • Each of the Parties shall take all such action within its power as may be necessary or appropriate such that, effective as of the Closing, each SPAC Private Warrant shall be automatically cancelled.

  • In connection with, and immediately prior to the Closing, Sponsor and SPAC agree that all bona fide amounts due to Sponsor from SPAC for all loans of cash to SPAC, including the SPAC Working Capital Loans, shall be converted into SPAC Private Warrants at a stipulated value of $1.00 per SPAC Private Warrant.

  • Each outstanding (i) SPAC Public Warrant and SPAC Forward Purchase Warrant outstanding immediately prior to the Effective Time shall be converted into the right to receive one Pubco Public Warrant and (ii) each SPAC Private Warrant outstanding immediately prior to the Effective Time shall be converted into the right to receive one Pubco Private Warrant, and all SPAC Warrants shall thereupon cease to be outstanding and shall automatically be canceled and retired and shall cease to exist.

  • Each SPAC Private Warrant shall be automatically exchanged to become one (1) MergeCo Public Warrant (each, a “MergeCo Founder Warrant”).


More Definitions of SPAC Private Warrant

SPAC Private Warrant means a non-transferable, non-redeemable warrant entitling the holder to purchase one SPAC Public Share per warrant at a price of $11.50 per share, subject to adjustment in accordance with the Warrant Agreement.
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SPAC Private Warrant means one private placement warrant that was issued to Sponsor at the time of the consummation of the IPO, entitling the holder thereof to purchase one (1) SPAC Class A Ordinary Share at a purchase price of $11.50 per share.
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SPAC Private Warrant means one whole warrant that was included as part of each SPAC Private Unit, entitling the holder thereof to purchase one (1) share of SPAC Class A Common Stock at a purchase price of $11.50 per share.
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Related to SPAC Private Warrant

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Public Warrants means the warrants included in the public units issued in the IPO, each of which is exercisable for one share of Common Stock, in accordance with its terms.

  • Private Placement (or “limited offering”) means an offering that is exempt from registration under the 1933 Act pursuant to Section 4(2) or Section 4(6) of the 1933 Act or pursuant to rule 504, rule 505 or rule 506 under the 1933 Act.