Common use of Company Not Surviving Following Exchange Event Clause in Contracts

Company Not Surviving Following Exchange Event. If the Company’s initial Business Combination results in the Company not continuing as a publicly held reporting entity, the definitive agreement for the initial Business Combination will provide for the holders of Rights to receive the same per-share consideration as the holders of the Common Stock would receive in the Exchange Event, for the number of shares such holder is entitled to pursuant to Section 3.1 above.

Appears in 4 contracts

Samples: Rights Agreement (Oak Woods Acquisition Corp), Rights Agreement (Oak Woods Acquisition Corp), Rights Agreement (Plutonian Acquisition Corp.)

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Company Not Surviving Following Exchange Event. If the Company’s initial Business Combination results Upon an Exchange Event in which the Company does not continuing continue as a the publicly held reporting entity, the definitive agreement with the target business for the initial Business Combination business combination will provide for the holders of Rights to receive the same per-per share consideration as the holders of the Common Stock would will receive in the Exchange Eventsuch transaction, for the number of shares such holder is entitled to pursuant to Section 3.1 above.

Appears in 3 contracts

Samples: Rights Agreement (Springwater Special Situations Corp.), Rights Agreement (Springwater Special Situations Corp.), Rights Agreement (Springwater Special Situations Corp.)

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Company Not Surviving Following Exchange Event. If the Company’s initial Business Combination results in the Company not continuing as a publicly held reporting entity, the definitive agreement for the initial Business Combination will provide for the holders of Rights to receive the same per-share consideration as the holders of the Common Stock Ordinary Shares would receive in the Exchange Event, for the number of shares such holder is entitled to pursuant to Section 3.1 above.

Appears in 1 contract

Samples: Rights Agreement (Fortune Joy International Acquisition Corp)

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