Examples of SPAC Rights in a sentence
As of the date hereof, SPAC Units, SPAC Ordinary Shares, and SPAC Rights are listed on the Nasdaq Stock Market LLC, with trading symbols “BAYAU”, “BAYA”, and “BAYAR”.
SPAC is a publicly-held company subject to reporting obligations pursuant to Section 13 of the Exchange Act, and the SPAC Ordinary Shares and SPAC Rights are registered pursuant to Section 12(b) of the Exchange Act.
Immediately prior to the First SPAC Merger Effective Time, without any action on the part of PubCo, SPAC, Merger Sub 1 or the SPAC Shareholders, each SPAC Unit issued and outstanding immediately prior to the First SPAC Merger Effective Time shall automatically be detached and the holder thereof shall be deemed to hold such number of SPAC Ordinary Shares and SPAC Rights in accordance with the terms of the applicable SPAC Unit.