SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one SPAC Class A Ordinary Share and one-fifth of a SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted in accordance with the applicable terms of this Section 2.2(e).
Appears in 3 contracts
Samples: Subscription Agreement (Grab Holdings LTD), Subscription Agreement (Altimeter Growth Corp.), Business Combination Agreement
SPAC Units. Each At the SPAC Merger Effective Time, each SPAC Unit that is outstanding immediately prior to the Initial SPAC Merger Effective Time shall be automatically detached separated and the holder thereof shall be deemed to hold one share of SPAC Class A Ordinary Share Common Stock, one SPAC Warrant, and one-fifth of a one SPAC Warrant Right in accordance with the terms of the applicable SPAC Unit, which underlying securities of SPAC Securities shall be adjusted in accordance with the applicable terms of this Section 2.2(e2.3(g).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (RF Acquisition Corp.), Agreement and Plan of Merger (RF Acquisition Corp.)
SPAC Units. Each At the SPAC Merger Effective Time, each SPAC Unit that is outstanding immediately prior to the Initial SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Class A Ordinary Share Common Stock and one-fifth of a one SPAC Warrant Right in accordance with the terms of the applicable SPAC Unit, which underlying securities of SPAC Securities shall be adjusted in accordance with the applicable terms of this Section 2.2(e2.3(g)(i).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Pacifico Acquisition Corp.), Agreement and Plan of Merger (Pacifico Acquisition Corp.)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall (to the extent not already separated) be automatically detached severed and the holder thereof shall be deemed to hold one SPAC Class A Ordinary Share and one-fifth half of a SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted treated in accordance with the applicable terms of this Section 2.2(e2.2(f).
Appears in 2 contracts
Samples: Business Combination Agreement (Lanvin Group Holdings LTD), Business Combination Agreement (Primavera Capital Acquisition Corp.)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share and Share, one-fifth half (1/2) of a one SPAC Warrant Warrant, and one (1) SPAC Right in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted converted in accordance with the applicable terms of this Section 2.2(e)3.4 below.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Blue World Holdings LTD), Agreement and Plan of Merger (Blue World Acquisition Corp)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Class A Ordinary Share Common Stock and one-fifth quarter of a SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted in accordance with the applicable terms of this Section 2.2(e).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (FAST Acquisition Corp. II), Tax Receivable Agreement (FAST Acquisition Corp. II)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall (to the extent not already separated) be automatically detached severed and the holder thereof shall be deemed to hold one SPAC Class A Ordinary Share and one-fifth third of a SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted treated in accordance with the applicable terms of this Section 2.2(e2.02(f).;
Appears in 1 contract
Samples: Business Combination Agreement (APRINOIA Therapeutics Holdings LTD)
SPAC Units. Each SPAC Unit outstanding immediately Immediately prior to the Initial SPAC Merger Effective Time Time, every issued and outstanding SPAC Unit shall be automatically detached separated and the holder thereof shall be deemed to hold one (1) SPAC Class A Ordinary Share and Share, one-fifth half of a one SPAC Warrant Warrant, and one SPAC Right in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted converted in accordance with the applicable terms of this Section 2.2(e)2.09.
Appears in 1 contract
SPAC Units. Each At the SPAC Merger Effective Time, each SPAC Unit that is outstanding immediately prior to the Initial SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Class A Ordinary Share Common Stock and one-fifth of a one SPAC Warrant Right in accordance with the terms of the applicable SPAC Unit, which underlying securities of SPAC Securities shall be adjusted in accordance with the applicable terms of this Section 2.2(e2.3(f)(i).
Appears in 1 contract
Samples: Business Combination Agreement (Mountain Crest Acquisition Corp. V)
SPAC Units. Each At the SPAC Merger Effective Time, each SPAC Unit that is outstanding immediately prior to the Initial SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Class A Ordinary Share Common Stock and one-fifth third of a one SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying securities of SPAC Securities shall be adjusted in accordance with the applicable terms of this Section 2.2(e2.3(g)(i).
Appears in 1 contract
Samples: Agreement and Plan of Merger (CF Acquisition Corp. V)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Class A Ordinary Share Common Stock and one-fifth of a one SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted converted in accordance with the applicable terms of this Section 2.2(e)3.6 below.
Appears in 1 contract
Samples: Business Combination Agreement (Integral Acquisition Corp 1)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Class A Ordinary Share Common Stock and one-fifth third of a SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying shares of Class A Common Stock and SPAC Securities Warrants shall be adjusted in accordance with the applicable terms of this Section 2.2(e3.01(a).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Starry Holdings, Inc.)
SPAC Units. Each At the Effective Time, every issued and outstanding SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share Common Stock and one-fifth of a one (1) SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted converted in accordance with the applicable terms of this Section 2.2(e)2.6 below.
Appears in 1 contract
Samples: Business Combination Agreement (Maxpro Capital Acquisition Corp.)
SPAC Units. Each SPAC Unit outstanding immediately Immediately prior to the Initial Merger Effective Time Time, every issued and outstanding SPAC Unit shall be automatically detached and the holder thereof shall be deemed to hold one share of SPAC Class A Ordinary Share Common Stock and one-fifth three fourths of a one SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which and such underlying SPAC Securities securities shall be adjusted converted in accordance with the applicable terms of this Section 2.2(e)2.09.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Kingswood Acquisition Corp.)
SPAC Units. Each At the First Merger Effective Time, each SPAC Unit issued and outstanding immediately prior to the Initial First Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one SPAC Class A Ordinary Share and one-fifth of a SPAC Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be adjusted in accordance with the applicable terms of this Section 2.2(e).and
Appears in 1 contract
Samples: Business Combination Agreement (SK Growth Opportunities Corp)
