Class A Ordinary Share definition
Examples of Class A Ordinary Share in a sentence
Each whole Placement Warrant is exercisable to purchase one Class A Ordinary Share (a “Warrant Share”) at an exercise price of $11.50.
Each Placement Unit is comprised of one Class A Ordinary Share (a “Placement Share”) and one-half of one Warrant (a “Placement Warrant” and together with the Public Warrants, the “Warrants”) to be governed by the Warrant Agreement.
No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase price of any Class A Ordinary Share or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.
Each Private Placement Unit (a “Private Placement Unit”) consists of (a) one Class A Ordinary Share (the “Private Placement Shares”) and (b) one right (the “Private Placement Rights”), entitling the holder to receive one-fifth (1/5) of one Class A Ordinary Share upon the consummation of the initial Business Combination.
The Company further agrees, if the Company applies to have the Class A Ordinary Share traded on any other Trading Market, it will then include in such application all of the Shares, and will take such other action as is necessary to cause all of the Shares to be listed or quoted on such other Trading Market as promptly as possible.