Examples of SPAC Share in a sentence
Issue Price 18B.07 Each SPAC Share for which a listing is sought must have an issue price of at least HK$10.
Each Redeeming SPAC Share will be automatically canceled and cease to exist in exchange for the right to receive the Redemption Price.
Treatise authority explains that in physical/mental claims, “the substantial contributing factor test applies when there is more than one causative agent in the injury or disability acknowledged.” 6 DAVID B.
To SPAC’s knowledge, as of the date hereof, following the Merger Effective Time, no SPAC Shareholder shall be entitled to receive any amount from the Trust Account except to the extent such SPAC Shareholder is exercising an SPAC Share Redemption.
Each SPAC Share issued and outstanding immediately prior to the Merger Effective Time (except for shares being cancelled pursuant to Section 3.1(b) and assuming consummation of the Unit Separation) shall be converted into and shall for all purposes represent only the right to receive one issued, fully paid and non-assessable New PubCo Ordinary Share.
Prior to the Closing, none of the funds held in the Trust Account may be released other than to pay Taxes and payments with respect to all SPAC Share Redemptions.
Each Dissenting SPAC Share issued and outstanding immediately prior to the First Effective Time held by a Dissenting SPAC Shareholder shall automatically be cancelled and cease to exist in accordance with Section 2.7(a) and shall thereafter represent only the right of such Dissenting SPAC Shareholder to be paid the fair value of such Dissenting SPAC Share and such other rights as are granted by the Cayman Act.
Each SPAC Share held in SPAC’s treasury or owned by the Company or Merger Sub or any other wholly-owned subsidiary of the Company or SPAC immediately prior to the First Effective Time (each an “ Excluded Share”), shall be automatically cancelled and extinguished without any conversion thereof or payment therefor.
Each Redeeming SPAC Share issued and outstanding immediately prior to the First Effective Time shall automatically be cancelled and cease to exist and shall thereafter represent only the right of the holder thereof to be paid a pro rata share of the SPAC Shareholder Redemption Amount in accordance with SPAC’s Charter.
Thereafter, we must, within one month of the suspension, return the funds we [REDACTED] at the [REDACTED] by distributing or paying to all SPAC Shareholders the monies held in the Escrow Account on a pro rata basis, including interest and other income earned on the funds held therein and not previously released to us to pay our expenses and taxes, for a per SPAC Share amount that must be not less than the [REDACTED].