Common use of Working Capital Clause in Contracts

Working Capital. Upon consummation of the Offering, approximately $900,000 of the net proceeds from the sale of Units and Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Gladstone Acquisition Corp), Underwriting Agreement (Gladstone Acquisition Corp)

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Working Capital. Upon consummation of the Offering, approximately $900,000 1,400,000 of the net proceeds from the sale of Units and Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (NorthView Acquisition Corp), Underwriting Agreement (NorthView Acquisition Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $900,000 2,200,000 of the net Offering proceeds from the sale of Units and Placement Warrants Unit Private Placements will be released available to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Papaya Growth Opportunity Corp. I), Underwriting Agreement (Papaya Growth Opportunity Corp. I)

Working Capital. Upon consummation of the Offering, approximately $900,000 445,000 of the net proceeds from the sale of Units and Placement Warrants Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Black Hawk Acquisition Corp), Underwriting Agreement (Black Hawk Acquisition Corp)

Working Capital. Upon consummation of the Offering, approximately $900,000 1,240,000 of the net proceeds from the sale of Units and Placement Warrants Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Sagaliam Acquisition Corp), Underwriting Agreement (Sagaliam Acquisition Corp)

Working Capital. Upon consummation of the Offering, approximately $900,000 600,000 of the net proceeds from the sale of Units and Placement Warrants Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the CompanyCompany as described in the Prospectus.

Appears in 2 contracts

Samples: Underwriting Agreement (Jupiter Wellness Acquisition Corp.), Underwriting Agreement (Jupiter Wellness Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $900,000 2,600,000 of the net proceeds from the sale of Units offering and the Warrant Private Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Corner Growth Acquisition Corp.), Underwriting Agreement (Corner Growth Acquisition Corp.)

Working Capital. Upon consummation of the Offering and the Warrant Private Placement and payment of expenses related to the Offering, it is intended that approximately $900,000 2,100,000 of the net Offering proceeds from the sale of Units and Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (M3-Brigade Acquisition III Corp.), Underwriting Agreement (M3-Brigade Acquisition III Corp.)

Working Capital. Upon consummation of the Offering, approximately $900,000 2,200,000 of the net proceeds from the sale of Units and Placement Private Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Prospect Energy Holdings Corp.), Underwriting Agreement (Prospect Energy Holdings Corp.)

Working Capital. Upon consummation of the Offering, approximately $900,000 100,000 of the net proceeds from the sale of Units and Placement Warrants Private Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Oak Woods Acquisition Corp), Underwriting Agreement (Oak Woods Acquisition Corp)

Working Capital. Upon consummation of the Offering, approximately $900,000 500,000 of the net proceeds from the sale of Units and Placement Warrants Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the CompanyCompany as described in the Prospectus.

Appears in 2 contracts

Samples: Bannix Acquisition Corp., Bannix Acquisition Corp.

Working Capital. Upon consummation of the Offering, approximately $900,000 730,000 of the net proceeds from the sale of Units and Placement Warrants Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Benessere Capital Acquisition Corp.), Benessere Capital Acquisition Corp.

Working Capital. Upon consummation of the Offering, it is intended that approximately $900,000 2,000,000 of the net proceeds from the sale of the Firm Units and Placement Private Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (PENSARE ACQUISITION Corp), Underwriting Agreement (PENSARE ACQUISITION Corp)

Working Capital. Upon consummation of the Offering, approximately $900,000 345,000 of the net proceeds from the sale of Units and Placement Warrants Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Quetta Acquisition Corp), Underwriting Agreement (Quetta Acquisition Corp)

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Working Capital. Upon consummation of the Offering, approximately $900,000 525,000 of the net proceeds from the sale of Units and Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Monterey Capital Acquisition Corp), Underwriting Agreement (Monterey Capital Acquisition Corp)

Working Capital. Upon consummation of the Offering, approximately $900,000 700,000 of the net proceeds from the sale of Units and Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Breeze Holdings Acquisition Corp.), Underwriting Agreement (Breeze Holdings Acquisition Corp.)

Working Capital. Upon consummation of the Offering, approximately $900,000 970,000 of the net proceeds from the sale of Units and Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Aura Fat Projects Acquisition Corp), Underwriting Agreement (Aura Fat Projects Acquisition Corp)

Working Capital. Upon consummation of the Offering, approximately at least $900,000 2,745,000 of the net proceeds from the sale of Units and Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the CompanyCompany as described in the Prospectus.

Appears in 2 contracts

Samples: Underwriting Agreement (ESH Acquisition Corp.), Underwriting Agreement (ESH Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $900,000 2,500,000 of the net proceeds from the sale of Units offering and the Warrant Private Placement Warrants will be released to the Company and held outside of the Trust Account to fund offering expenses and the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Orion Biotech Opportunities Corp.)

Working Capital. Upon consummation of the Offering, approximately $900,000 172,000 of the net proceeds from the sale of Units and Placement Warrants Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (CO2 Energy Transition Corp.)

Working Capital. Upon consummation of the Offering, approximately $900,000 845,000 of the net proceeds from the sale of Units and Placement Warrants Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (HHG Capital Corp)

Working Capital. Upon consummation of the Offering, it is intended that approximately $900,000 $2,250,000 of the net Offering proceeds from the sale of Units and Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Alussa Energy Acquisition Corp.)

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