Duration of Rights. If an Exchange Event does not occur within 18 months from the closing of the Public Offering, the Rights shall expire and shall be worthless.
Appears in 6 contracts
Samples: Rights Agreement (E-Compass Acquisition Corp.), Rights Agreement (E-Compass Acquisition Corp.), Rights Agreement (Arowana Inc.)
Duration of Rights. If an Exchange Event does not occur within 18 24 months from the closing of the Public Offering, the Rights shall expire and shall be worthless.
Appears in 2 contracts
Samples: Rights Agreement (Hydra Industries Acquisition Corp.), Rights Agreement (Hydra Industries Acquisition Corp.)
Duration of Rights. If an Exchange Event does not occur within 18 months (or 21 or 24 months should the period of time to consummate an Exchange Event be extended as described in the Registration Statement) from the closing of the Public Offering, the Rights shall expire and shall be worthless.
Appears in 1 contract
Duration of Rights. If an Exchange Event does not occur within 18 21 months from the closing of the Public Offering, or 24 months from the consummation of the Public Offering if the Company has entered into a definitive agreement with a target business for a Business Combination, the Rights shall expire and shall be worthless.
Appears in 1 contract
Duration of Rights. If an Exchange Event does not occur within 18 months from the closing of the Public Offering, or 21 months from the closing of the Public Offering if the Company has executed a letter of intent, agreement in principle or a definitive agreement with a target business for a Business Combination within 18 months from the closing of the Public Offering and such Business Combination has not yet been consummated within such 18-month period, the Rights shall expire and shall be worthless.
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