Common use of Placement Units Clause in Contracts

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd (“8i Pte”), an affiliate of 8i Holdings Limited, shall purchase from the Company, pursuant to the Subscription Agreements (as defined in Section 2.24.2 hereof) an aggregate of 221,250 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 3 contracts

Sources: Underwriting Agreement (8i Enterprises Acquisition Corp.), Underwriting Agreement (8i Enterprises Acquisition Corp.), Underwriting Agreement (8i Enterprises Acquisition Corp.)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd Goldenstone Holding, LLC (the 8i PteSponsor), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 units 325,000 Units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement UnitsUnits and the Common Stock, Warrants included in the Ordinary SharesPlacement Units (the “Placement Warrants”), and the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Firm Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case basis so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants Units or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 3 contracts

Sources: Underwriting Agreement (Goldenstone Acquisition Ltd.), Underwriting Agreement (Goldenstone Acquisition Ltd.), Underwriting Agreement (Goldenstone Acquisition Ltd.)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd (“8i Pte”), an affiliate of 8i Holdings Limited, the Sponsor shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 units 370,000 Units (or 406,000 Units if the underwriters’ over-allotment option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary SharesShares and the Rights, included in the Placement Units, and the Ordinary Shares underlying the Rights and issuable upon conversion of the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering Units, except that the Rights included in the Placement Warrants Units shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants Rights continue to be held by the initial purchasers of the Placement Warrants Rights or their permitted transferees (as described in the Subscription Agreement and the Warrant Rights Agreement (as defined in Section 2.22 2.27 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 3 contracts

Sources: Underwriting Agreement (TenX Keane Acquisition), Underwriting Agreement (TenX Keane Acquisition), Underwriting Agreement (TenX Keane Acquisition)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd LF International Pte. Ltd. (the 8i PteSponsor), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 212,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long Registration Statement. Except as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described disclosed in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Yunhong International), Underwriting Agreement (Yunhong International)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd the Initial Shareholder (“8i Pte”), an affiliate of 8i Holdings Limited, as hereinafter defined) and Chardan shall purchase from the Company, pursuant to the Subscription Agreements (as defined in Section 2.24.2 hereof) an aggregate of 221,250 270,000 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement Insider Letter (as defined in Section 2.24.1 hereof) and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Greenland Acquisition Corp.), Underwriting Agreement (Greenland Acquisition Corp.)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd Cross Wealth Investment Holding Limited (the 8i PteSponsor), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 units 350,000 Units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, Units and the Ordinary Shares, Warrants included in the Placement Units (the “Placement Warrants”), and the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Firm Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case basis so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants Units or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Goldenbridge Acquisition LTD), Underwriting Agreement (Goldenbridge Acquisition LTD)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd the Sponsor (“8i Pte”), an affiliate of 8i Holdings Limited, as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof) an aggregate of 221,250 215,000 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants Sponsor or their its permitted transferees (as described in the Subscription Agreement Insider Letter (as defined in Section 2.24.1 hereof) and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Venus Acquisition Corp), Underwriting Agreement (Venus Acquisition Corp)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd (“8i Pte”), an affiliate of 8i Holdings Limited, the Sponsor shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 units 355,000 Units (or 391,000 Units if the underwriters’ over-allotment option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary SharesShares and the Rights, included in the Placement Units, and the Ordinary Shares underlying the Rights and issuable upon conversion of the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering Units, except that the Rights included in the Placement Warrants Units shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants Rights continue to be held by the initial purchasers of the Placement Warrants Rights or their permitted transferees (as described in the Subscription Agreement and the Warrant Rights Agreement (as defined in Section 2.22 2.27 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities. The Subscription Agreement shall state that the Sponsors have agreed (i) to waive its redemption rights with respect to the Placement Securities in connection with the completion of the initial Business Combination and (ii) to waive its rights to liquidating distributions from the trust account with respect to the Placement Securities if the Company fails to complete the initial Business Combination.

Appears in 2 contracts

Sources: Underwriting Agreement (Mars Acquisition Corp.), Underwriting Agreement (Mars Acquisition Corp.)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd the Sponsor (“8i Pte”), an affiliate of 8i Holdings Limited, as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof) an aggregate of 221,250 175,000 units (the “Placement Units”) ), or 186,250 if the Overallotment Option is exercised in full, at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), shares of Common Stock and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares shares of Common Stock underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable and exercisable on a cashless basis by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants Sponsor or their its permitted transferees (as described in the Subscription Agreement Insider Letter (as defined in Section 2.24.1 hereof) and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Brookline Capital Acquisition Corp.), Underwriting Agreement (Brookline Capital Acquisition Corp.)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd AGBA Holding Limited (the 8i PteSponsor), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.26.2 hereof) an aggregate of 221,250 210,000 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (AGBA Acquisition LTD), Underwriting Agreement (AGBA Acquisition LTD)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd (“8i Pte”), an affiliate certain of 8i Holdings Limited, the Company’s stockholders shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.23.2 hereof) an aggregate of 221,250 220,000 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary SharesClass A Shares included in the Placement Units, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Class A Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (UTXO Acquisition Inc.), Underwriting Agreement (UTXO Acquisition Inc.)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Alphamade Holding LP (“8i PteAlphamade” or the “Sponsor), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, pursuant to the Subscription Agreements (as defined in Section 2.24.2 hereof) an aggregate of 221,250 370,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary SharesShares included in the Placement Units, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Alphatime Acquisition Corp), Underwriting Agreement (Alphatime Acquisition Corp)

Placement Units. Simultaneously with Immediately prior to the Closing, 8i Enterprises Pte Ltd (“8i Pte”), an affiliate certain of 8i Holdings Limited, the Company’s stockholders shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.23.2 hereof) an aggregate of 221,250 200,000 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Tottenham Acquisition I LTD), Underwriting Agreement (Tottenham Acquisition I LTD)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd the Sponsor (“8i Pte”), an affiliate of 8i Holdings Limited, as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof) an aggregate of 221,250 248,000 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants Sponsor or their its permitted transferees (as described in the Subscription Agreement Insider Letter (as defined in Section 2.24.1 hereof) and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Golden Path Acquisition Corp), Underwriting Agreement (Golden Path Acquisition Corp)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd Swipy Ltd. (the 8i PteSponsor), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 214,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Fellazo Inc.), Underwriting Agreement (Fellazo Inc.)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd the Sponsor (“8i Pte”), an affiliate of 8i Holdings Limited, as defined in Section 2.24.2 hereof) shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof) an aggregate of 221,250 228,250 units (the “Placement Units”) ), or 247,000 if the Overallotment Option is exercised in full, at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), shares of Common Stock and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares shares of Common Stock underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable and exercisable on a cashless basis by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants Sponsor or their its permitted transferees (as described in the Subscription Agreement Insider Letter (as defined in Section 2.24.1 hereof) and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 2 contracts

Sources: Underwriting Agreement (Brookline Capital Acquisition Corp.), Underwriting Agreement (Brookline Capital Acquisition Corp.)

Placement Units. Simultaneously with Immediately prior to the Closing, 8i Enterprises Pte Ltd the Company’s sponsor (as described in the Registration Statement) (the 8i PteSponsor), an affiliate of 8i Holdings Limited) and Maxim, shall purchase from the Company, Company pursuant to the Subscription Unit Purchase Agreements (as defined in Section 2.24.2 2.25 hereof) an aggregate of 221,250 323,750 units (or 358,813 units if the Over-allotment Option is exercised in full prior to the Closing) (the “Placement Units”) ), each Placement Unit consisting of a share of Common Stock and a warrant (the “Placement Warrants”), at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, Units and the Ordinary Shares, the Rights included in securities underlying the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement Insider Letter (as defined in Section 2.25 hereof) and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (Tenzing Acquisition Corp.)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd Swipy Ltd. (the 8i PteSponsor), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 214,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (Fellazo Inc.)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Public Gold Marketing Sdn. Bhd, a Malaysian private limited company (the 8i PtePrivate Investor”), an affiliate of 8i Holdings Limited, shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof2.24.2) an aggregate of 221,250 517,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Sharesshares of Common Stock, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) ), and the Ordinary Shares shares of Common Stock underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering Offering, except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, basis as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (each as defined in Section 2.22 hereofbelow)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (Globalink Investment Inc.)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd (“8i Pte”), an affiliate of 8i Holdings Limited, the Sponsor shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 units 380,000 Units (or 410,000 Units if the underwriters’ over-allotment option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Class A Ordinary SharesShares and the Rights, included in the Placement Units, and the Class A Ordinary Shares underlying the Rights and issuable upon conversion of the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering Units, except that the Rights included in the Placement Warrants Units shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants Rights continue to be held by the initial purchasers of the Placement Warrants Rights or their permitted transferees (as described in the Subscription Agreement and the Warrant Rights Agreement (as defined in Section 2.22 2.27 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (TenX Keane Acquisition)

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Public Gold Marketing Sdn. Bhd, a Malaysian private limited company (the 8i PtePrivate Investor”), an affiliate of 8i Holdings Limited, shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof2.24.2) an aggregate of 221,250 [●] units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Sharesshares of Common Stock, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) ), and the Ordinary Shares shares of Common Stock underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering Offering, except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, basis as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (each as defined in Section 2.22 hereofbelow)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (Globalink Investment Inc.)

Placement Units. Simultaneously with Immediately prior to the Closing, 8i Enterprises Pte Ltd the Company’s sponsor (as described in the Registration Statement) (the 8i PteSponsor), an affiliate of 8i Holdings Limited) and Maxim, shall purchase from the Company, Company pursuant to the Subscription Unit Purchase Agreements (as defined in Section 2.24.2 2.25 hereof) an aggregate of 221,250 302,500 units (or 334,375 units if the Over-allotment Option is exercised in full prior to the Closing) (the “Placement Units”) ), each Placement Unit consisting of a share of Common Stock and a warrant (the “Placement Warrants”), at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, Units and the Ordinary Shares, the Rights included in securities underlying the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement Insider Letter (as defined in Section 2.25 hereof) and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (Tenzing Acquisition Corp.)

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd LF International Pte. Ltd. (the 8i PteSponsor), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 232,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long Registration Statement. Except as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described disclosed in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (Yunhong International)