Net Tangible Assets. Either immediately prior to or upon the Closing, after giving effect to the Redemption and any receipt of proceeds from any PIPE Investment, SPAC shall have net tangible assets of at least $5,000,001 (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act).
Appears in 2 contracts
Samples: Business Combination Agreement (Financial Strategies Acquisition Corp.), Business Combination Agreement (Global SPAC Partners Co,)
Net Tangible Assets. Either immediately prior to or upon the Closing, after After giving effect to the Redemption and any receipt of proceeds from any Transactions (including the PIPE InvestmentFinancing), SPAC shall have net tangible assets of at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act)) immediately after the First Effective Time.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Thoma Bravo Advantage), Agreement and Plan of Merger (ironSource LTD)
Net Tangible Assets. Either immediately prior to or upon the Closing, after After giving effect to the Redemption and any receipt of proceeds from any PIPE InvestmentInvestment that has been funded prior to or at the Closing, SPAC shall have net tangible assets of at least $5,000,001 (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act)) remaining immediately after the Closing.
Appears in 1 contract
Samples: Business Combination Agreement (AIB Acquisition Corp)
