Sponsor Warrant Shares definition

Sponsor Warrant Shares is defined in the recitals to this Agreement.
Sponsor Warrant Shares is defined in the recitals to this Agreement; provided, that any such Sponsor Warrant Shares shall cease to be Sponsor Warrant Shares when: (a) a Registration Statement with respect to the sale of such securities shall have become effective under the Securities Act (as defined below) and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration Statement; (b) such securities shall have been otherwise transferred pursuant to Rule 144 of the Securities Act (or any similar provisions thereunder, but not Rule 144A), and new certificates for them not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution of them shall not require registration under the Securities Act; or (c) such securities shall have ceased to be outstanding.
Sponsor Warrant Shares refers to any shares of Common Stock issuable upon an exercise of a Sponsor Warrant as provided in Section 3.1 of this Agreement.

Examples of Sponsor Warrant Shares in a sentence

  • The Remaining Warrants shall continue to represent a right to purchase a number of shares of Common Stock equal to the Number of Sponsor Warrant Shares as in effect immediately before the Spin-Off, and the Spin-Off Warrants shall represent a right to purchase the number of shares or other equity interests the Registered Holder(s) would have received had the Registered Holder(s) exercised its Sponsor Warrants in full immediately prior to the Spin-Off.

  • Upon every adjustment to the Warrant Price, the Company shall give written notice thereof to the Warrant Agent, which notice shall state, as applicable, the Warrant Price resulting from such adjustment and the increase ordecrease in the Number of Sponsor Warrant Shares purchasable at such price upon exercise of the Sponsor Warrants, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based.

  • Except as provided otherwise in this Agreement, references to the Sponsor Warrants shall include both whole and fractional Sponsor Warrants.A Registered Holder shall indicate whether it intends to exercise their Sponsor Warrants in part or in whole by indicating the number of Sponsor Warrant Shares for which the Sponsor Warrants are to be exercised (with respect to each such exercise, the “Exercise Shares”) on the subscription form set forth in the Sponsor Warrants (the “Subscription Form”).

  • Upon the transfer of a whole Sponsor Warrant held by a Registered Holder prior to the initial determination of the total Number of Sponsor Warrant Shares issuable, pursuant to Section 3.1, a new whole Sponsor Warrant shall be issued and the old Sponsor Warrant shall be cancelled by the Warrant Agent.

  • Accordingly, Plaintiff hereby brings claims against SCANA and certain of the Company’s senior executives that exercised control over the Company during the Class Period.

  • The Company shall not be obligated to issue any Sponsor Warrant Shares unless the Common Stock issuable upon such exercise has been registered, qualified or deemed to be exempt from registration or qualification under applicable securities laws (including by way of a private placement, if applicable).

  • Upon such adjustments in Section 4, the “Number of Sponsor Warrant Shares (Adjusted)” (as determined by Section 4) will become the Number of Sponsor Warrant Shares, and Section 4 will apply to successive adjustments to the Number of Sponsor Warrants.

  • Any such fractional Sponsor Warrant shall be exercisable for that number of Sponsor Warrant Shares equal to the percentage reflected in the Warrant Register and on the physical certificate for such fractional Sponsor Warrant, multiplied bythe number of total Sponsor Warrant Shares as to be determined pursuant to Section 3.1, and subject to the adjustments provided in Section 4 hereof and the last sentence of Section 3.1.

  • If the Number of Sponsor Warrant Shares issuable, as determined pursuant to Section 3.1 of this Agreement and as adjusted pursuant to this Section 4, upon full exercise, includes a fractional interest in a share of Common Stock, the Company shall, upon such exercise, round down to the nearest whole number the Number of Sponsor Warrant Shares issuable.

  • Upon the transfer of a portion of a Sponsor Warrant held by a Registered Holder, new Sponsor Warrants representing the corresponding amounts of Sponsor Warrant Shares issuable in respect of such portions shall be issued to the transferor and transferee(s).


More Definitions of Sponsor Warrant Shares

Sponsor Warrant Shares means equity shares of the Company to be issued and allotted at any time upon full or part exercise and conversion of the Sponsor Warrants.
Sponsor Warrant Shares refers to any shares of Common Stock issuable upon an exercise of a Sponsor Warrant as provided in Section 3.1 of this Agreement. At the time that the Company enters into a definitive agreement with respect to the Business Combination, the Company will publicly announce the final exercise price at which SPARs will be exercisable (the “Final Exercise Price”), and the Company will amend Appendix A to this Agreement to reflect the Warrant Price (as defined below).

Related to Sponsor Warrant Shares

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

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

  • Warrant Share means the Common Shares issuable upon the exercise of the Warrants.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

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

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Common Shares means the common shares in the capital of the Company;

  • Amalco Shares means common shares in the capital of Amalco;

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Unit Shares means the Common Shares comprising part of the Units;