Separate Trading Clause Samples
Separate Trading. The Ordinary Shares and the Warrants included in the Firm Units shall trade separately on the tenth business day (or as soon as practicable thereafter) following the earlier of (i) the expiration or termination of the Over-allotment Option (as defined in Section 1.2.1 hereof) or (ii) its exercise in full, subject in each case to the Company’s having filed a Current Report on Form 6-K with the Securities and Exchange Commission (“Commission”) containing an audited balance sheet reflecting the Company’s receipt of the gross proceeds of the Offering and having issued a press release announcing when such separate trading will begin.
Separate Trading. The Ordinary Shares and the Warrants included in the Firm Units will trade separately on the 10th day following the earlier of the Underwriters’ Over-allotment Option’s (as defined in Section 1.2.1hereof) (i) expiration, (ii) exercise in part (if subsequently terminated) or (iii) exercise in full, subject to (i) the preparation of an audited balance sheet of the Company reflecting receipt by the Company of the proceeds of the Offering and the filing of such audited balance sheet with the Securities and Exchange Commission (“Commission”) on a Form 6–K or similar form by the Company which includes such balance sheet; and (ii) the Company issues a press release and files the same with the Commission in a Current Report on Form 6-K announcing when such separate trading will begin.
Separate Trading. The Ordinary Shares and the Warrants included in the Firm Units will not be separately transferable until the 90th business day following the Effective Date subject to (i) the preparation of an audited balance sheet of the Company reflecting receipt by the Company of the proceeds of the Offering and the filing of such audited balance sheet with the Securities and Exchange Commission (“Commission”) on a Form 6-K or similar form by the Company which includes such balance sheet; and (ii) the Company issues a press release and files the same with the Commission in a Current Report on Form 6-K announcing when such separate trading will begin.