Common use of Founder’s Purchase Agreement Clause in Contracts

Founder’s Purchase Agreement. The Company has entered into a Securities Subscription Agreement, dated January 12, 2021 (the “Founder’s Purchase Agreement”), with Tiga Sponsor II LLC, Cayman Islands limited liability company (the “Sponsor”), pursuant to which the Sponsor purchased an aggregate of 5,750,000 Class B ordinary shares, par value $0.0001 per share, of the Company for an aggregate purchase price of $25,000 (the “Founder Shares”). The Founder Shares are automatically convertible into Ordinary Shares on the first business day following the closing of the initial Business Combination, and up to 750,000 of the Founder Shares are subject to forfeiture depending on the extent to which the Underwriters’ over-allotment option is exercised. The Founder Shares are substantially similar to the Ordinary Shares included in the Units except as described in the Registration Statement, the Statutory Prospectus and the Prospectus. D.

Appears in 3 contracts

Samples: Underwriting Agreement (Tiga Acquisition Corp. II), Underwriting Agreement (Tiga Acquisition Corp. II), Underwriting Agreement (Tiga Acquisition Corp. II)

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Founder’s Purchase Agreement. The Company has entered into a Securities Subscription Agreement, dated January 12February 11, 2021 (the “Founder’s Purchase Agreement”), with Tiga Sponsor II III LLC, Cayman Islands limited liability company (the “Sponsor”), pursuant to which the Sponsor purchased an aggregate of 5,750,000 8,625,000 Class B ordinary shares, par value $0.0001 per share, of the Company for an aggregate purchase price of $25,000 (the “Founder Shares”). The Founder Shares are automatically convertible into Ordinary Shares on the first business day following the closing of the initial Business Combination, and up to 750,000 1,125,000 of the Founder Shares are subject to forfeiture depending on the extent to which the Underwriters’ over-allotment option is exercised. The Founder Shares are substantially similar to the Ordinary Shares included in the Units except as described in the Registration Statement, the Statutory Prospectus and the Prospectus. D.

Appears in 1 contract

Samples: Underwriting Agreement (Tiga Acquisition Corp. III)

Founder’s Purchase Agreement. The Company has entered into a Securities Subscription Agreement, dated January 12February 11, 2021 (the “Founder’s Purchase Agreement”), with Tiga Sponsor II III LLC, Cayman Islands limited liability company (the “Sponsor”), pursuant to which the Sponsor purchased an aggregate of 5,750,000 8,625,000 Class B ordinary shares, par value $0.0001 per share, of the Company for an aggregate purchase price of $25,000 (the “Founder Shares”). The Founder Shares are automatically convertible into Ordinary Shares on the first business day following the closing of the initial Business Combination, and up to 750,000 1,125,000 of the Founder Shares are subject to forfeiture depending on the extent to which the Underwriters’ over-allotment option is exercised. The Founder Shares are substantially similar to the Ordinary Shares included in the Units except as described in the Registration Statement, the Statutory Prospectus and the Prospectus. D..

Appears in 1 contract

Samples: Underwriting Agreement (Tiga Acquisition Corp. III)

Founder’s Purchase Agreement. The Company has entered into a Securities Subscription Agreement, dated January 12February 2, 2021 (the “Founder’s Purchase Agreement”), with Tiga Sponsor II B Capital Technology Opportunities LLC, Cayman Islands limited liability company (the “Sponsor”), pursuant to which the Sponsor purchased an aggregate of 5,750,000 8,625,000 Class B ordinary shares, par value $0.0001 per share, of the Company (the “Founder Shares”) for an aggregate purchase price of $25,000 (the “Founder Shares”)25,000. The Founder Shares are automatically convertible into Ordinary Shares on the first business day following the closing of the initial Business Combination, and up to 750,000 1,125,000 of the Founder Shares are subject to forfeiture depending on the extent to which the Underwriters’ Underwriter’s over-allotment option is exercised. The Founder Shares are substantially similar to the Ordinary Shares included in the Units except as described in the Registration Statement, the Statutory Prospectus and the Prospectus. D.

Appears in 1 contract

Samples: Underwriting Agreement (B Capital Technology Opportunities Corp.)

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Founder’s Purchase Agreement. The Company has entered into a Securities Subscription Agreement, dated January 12July 27, 2021 2020 (the “Founder’s Purchase Agreement”), with Tiga Sponsor II LLC, Cayman Islands limited liability company (the “Sponsor”), pursuant to which the Sponsor purchased an aggregate of 5,750,000 Class B ordinary shares, par value $0.0001 per share, of the Company Company(the “Founder Shares”) for an aggregate purchase price of $25,000 (the “Founder Shares”). The Founder Shares are automatically convertible into Ordinary Shares on the first business day following the closing of the initial Business Combination, and up to 750,000 of the Founder Shares are subject to forfeiture depending on the extent to which the Underwriters’ over-allotment option is exercised. The Founder Shares are substantially similar to the Ordinary Shares included in the Units except as described in the Registration Statement, the Statutory Prospectus and the Prospectus. D..

Appears in 1 contract

Samples: Underwriting Agreement (Tiga Acquisition Corp.)

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