Public Warrant definition

Public Warrant means one whole warrant that was included in as part of each Public Unit, entitling the holder thereof to purchase one (1) share of Class A Common Stock at a purchase price of $11.50 per share.

Public Warrant means a registered warrant to purchase a share of Common Stock at an exercise price of $11.50.

Public Warrant or “SPAC Warrant” means the warrants partially comprising the public units of SPAC, each such whole warrant exercisable to acquire one SPAC Class A Share.

Examples of Public Warrant in a sentence

• The Company shall not issue fractional Warrants other than as part of the Units, each of which is comprised of one Ordinary Share and one-third of one whole Public Warrant.

• We will not be obligated to deliver any shares of Common Stock pursuant to the exercise of a Public Warrant and will have no obligation to settle such warrant exercise unless a registration statement under the Securities Act with respect to the shares of Common Stock underlying the Public Warrants is then effective and a prospectus relating thereto is current, subject to our satisfying our obligations described below with respect to registration.

• Public Warrants Each whole Public Warrant entitles the registered holder to purchase one share of our Common Stock at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing on January 20, 2021.

• No Public Warrant will be exercisable and we will not be obligated to issue shares of Common Stock upon exercise of a Public Warrant unless Common Stock issuable upon such Public Warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the Public Warrants.

• In no event will we be required to net cash settle any Public Warrant.

More Definitions of Public Warrant

Public Warrant means a class A warrant of the Issuer, entitling the holder thereof to subscribe for one Public Share per Public Warrant pursuant to these Terms and Conditions.

Public Warrant has the meaning ascribed to it in the Warrant Agreement.

Public Warrant means one (1) whole redeemable warrant that was issued in the IPO entitling the holder thereof to purchase one (1) share of Class A Common Stock at a purchase price of $11.50 per share.

Public Warrant has the meaning given in the Recitals.

Public Warrant means each warrant to purchase one Armada Share at an issue price of $11.50 per share, which are listed on the NASDAQ under the ticker symbol “AACIW.”

Public Warrant means the publicly traded warrants of Motion, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share;

Public Warrant means each whole warrant that entitles the holder thereof to purchase one share of Class A Common Stock at a price of $11.50 per share, subject to adjustment as described in the Prospectus; (xiii) “Transfer” shall mean the, direct or indirect, voluntary or involuntary, (a) transfer, assignment or sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase, distribute or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); (xiv) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (xv) “Warrants” shall mean the Private Placement Warrants and Public Warrants.