SPAC Promoter definition

SPAC Promoter means a person who establishes a SPAC and/or beneficially owns Promoter Shares issued by a SPAC;
Sample 1Sample 2Sample 3
SPAC Promoter means a person who establishes and manages a SPAC.
Sample 1Sample 2

Examples of SPAC Promoter in a sentence

  • However, the completion the De-SPAC transaction substantially depends upon the ability and insight of the SPAC Promoter to identify the suitable De-SPAC transaction target, successfully negotiate the completion of the De-SPAC transaction and obtain the approval from the Stock Exchange.

  • Principal terms of the Business Combination Agreement – (iv) Merger consideration” above, immediately following the Effective Time, each SPAC Promoter Warrant will be automatically canceled and cease to exist in exchange for one Successor Company Promoter Warrant (subject to adjustment as explained below).

  • ALMA points towards GREGG who’s in the corner, yawning, hunched, looking generally unhealthy.

  • However, the completion of the De-SPAC Transaction substantially depends upon the ability and insight of the SPAC Promoter to identify the suitable De-SPAC Target, successfully negotiate the completion of the De-SPAC Transaction and obtain the approval from the Stock Exchange.

  • HKEX proposal concerning SPAC Promoters The HKEX proposes that it must be satisfied as to the character, experience and integrity of each SPAC Promoter and that each SPAC Promoter is capable of meeting a standard of competence commensurate with their position over the period from the time of listing until completion of a De-SPAC Transaction.

  • To guard against what the HKEX believes is a heightened risk of insider dealing in respect of the securities of the SPAC, the HKEX proposes that a SPAC Promoter (including the directors and employees), SPAC directors and the SPAC employees (including their respective associates) will be prohibited from dealing in the SPAC securities prior to the completion of the De-SPAC Transaction.

  • This allocation of Promoter Shares is known as “the Promote” and incentivizes the SPAC Promoter to successfully complete a De-SPAC Transaction.

  • Immediately following the Effective Time, Successor Company Promoter Warrants will be issued to holders of SPAC Promoter Warrants for each SPAC Promoter Warrant issued immediately prior to the Effective Time.

  • Note: Where a SPAC Promoter is an individual, that person must be a director of the SPAC.

  • A SPAC’s board of directors must include at least two Type 6 or Type 9 SFC-licensed individuals (including one director representing the licensed SPAC Promoter) (see paragraphs 142 to 151).

Related to SPAC Promoter

  • Adhesion promoter means a very thin coating applied to a substrate to promote wetting and form a chemical bond with the subsequently applied material.

  • Promoter means a person—

  • Co-Promote or “Co-Promotion” means, with respect to any Co-Developed Product, the joint promotion and Detailing of such Co-Developed Product in the Co-Developed Territory using a coordinated sales force consisting of representatives of both Parties.

  • Co-Promotion means those detailing and promotional activities (including performing sales calls) with respect to a Collaboration Product undertaken by or on behalf of either Party to encourage appropriate prescribing of such Collaboration Product in the U.S. in accordance with Section 8 and any Co-Promotion Agreement. When used as a verb, “to Co-Promote” means to engage in Co-Promotion, and “Co-Promoted” has a corresponding meaning.

  • Local public procurement unit means any political subdivision or unit thereof which expends public funds for the procurement of supplies, services, or construction.

  • Promoter Group means such persons and entities constituting the promoter group as per Regulation 2(1)(pp) of the SEBI ICDR Regulations.

  • Public procurement unit means either a local public procurement unit or a state public procurement unit.

  • Promoters means Maple Leaf Short Duration Holdings Ltd. and the General Partner (individually, a “Promoter”).

  • Tourism promotion means activities and expenditures designed to increase tourism, including but not limited to advertising, publicizing, or otherwise distributing information for the purpose of attracting and welcoming tourists; developing strategies to expand tourism; operating tourism promotion agencies; and funding marketing of special events and festivals designed to attract tourists.

  • Co-licensed partner means a person who, with at least one other person, has the right to engage in

  • SONIAi-pLBD means, in respect of any London Banking Day falling in the relevant Observation Period, the SONIA reference rate for the London Banking Day falling "p" London Banking Days prior to the relevant London Banking Day "i".

  • Roll-Up Entity means a partnership, real estate investment trust, corporation, trust or similar entity that would be created or would survive after the successful completion of a proposed Roll-Up Transaction.

  • Participating Prosthetic Provider means a Prosthetic Provider who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Non-Participating Prosthetic Provider means a Prosthetic Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Brookfield Group means Brookfield and any Affiliates of Brookfield, other than any member of the BREP Group;

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Spending unit means the department, bureau, division, office, board, commission,

  • Licensed person means an individual who is licensed or otherwise legally authorized to practice a professional service by a court, department, board, commission, or an agency of this state or another jurisdiction, any corporation or professional services corporation all of whose shareholders are licensed persons, any partnership all of whose partners are licensed persons, or any limited liability company all of whose members and managers are licensed persons.

  • Common promotional plan means a plan, undertaken by a person

  • de facto partner means: (i) a person who, although not legally married to the employee, lives with the employee in a relationship as a couple on a genuine domestic basis (whether the employee and the person are of the same sex or different sexes); and (ii) includes a former de facto partner of the employee.

  • Business Partner means a legal entity that requires use of a Cloud Service in connection with Customer’s and its Affiliates’ internal business operations. These may include customers, distributors, service providers and/or suppliers of Customer.

  • Alliance Partner means "Flatworld Trading Pvt Ltd ", who has entered into an alliance agreement with Axis Bank for purpose of providing the Offer.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Stinger-steered automobile or watercraft transporter means an automobile or watercraft transporter

  • Public-private partnership means an arrangement or agreement, occurring on or after January 1, 2017, between a procurement unit and one or more contractors to provide for a public need through the development or operation of a project in which the contractor or