Class A Ordinary Shares definition
Examples of Class A Ordinary Shares in a sentence
The sale and issuance of the Company Exchange Shares to the Investor pursuant to this Agreement does not grant the Investor any rights except for (i) the rights provided for under this Agreement, or (ii) rights arising under the Company’s Organizational Documents and applicable laws of the Cayman Islands that are afforded to every holder of Class A Ordinary Shares.
In the event that the Subscribers purchase Class A Ordinary Shares as part of the Units in the IPO or in the aftermarket, any additional Class A Ordinary Shares so purchased shall be eligible to receive the redemption value of such Class A Ordinary Shares upon the same terms offered to all other purchasers of Class A Ordinary Shares included as part of the Units in the IPO.
The Company is in compliance in all material respects with the applicable listing and maintenance requirements of Nasdaq and is not aware of any facts or circumstances that would reasonably be expected to result in the delisting or suspension of the Class A Ordinary Shares from Nasdaq.
The Company has taken no action designed to, or reasonably likely to have the effect of, terminating the registration of the Class A Ordinary Shares under the Exchange Act or delisting the Class A Ordinary Shares from Nasdaq.
The Company is authorized to issue 500,000,000 Class A Ordinary Shares, 50,000,000 Class B ordinary shares, par value $0.0001 per share (“Class B Ordinary Shares”) and 5,000,000 preference shares, par value $0.0001 per share (“Preference Shares”).