Class B Ordinary Shares definition

Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).
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Class B Ordinary Shares means the Company’s Class B ordinary shares, par value $0.0001 per share.
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Class B Ordinary Shares shall have the meaning given in the Recitals hereto.
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Examples of Class B Ordinary Shares in a sentence

  • For the avoidance of doubt, no adjustment shall be made to the terms of the Warrants solely as a result of an adjustment to the conversion ratio of the Company’s Class B ordinary shares, $0.0001 par value per share (the “Class B Ordinary Shares”) into Class A Shares or the conversion of any Class B Ordinary Shares into Class A Shares, in each case, pursuant to the Charter.

  • All of the issued Class B Ordinary Shares of the Company have been duly authorized, validly issued, and are fully paid and non-assessable.

  • The Company has issued and outstanding share capital consisting of Class A Ordinary Shares and Class B Ordinary Shares as disclosed in the SEC Reports.

  • All outstanding Class A Ordinary Shares and Class B Ordinary Shares have been duly authorized, validly issued, fully paid and non-assessable and were issued in compliance with all applicable securities laws.

  • As of the date hereof, the Company has issued and outstanding 10,254,000 Class B Ordinary Shares (of which up to 1,305,000 shares are subject to forfeiture as described in the Registration Statement) and no Preference Shares.


More Definitions of Class B Ordinary Shares

Class B Ordinary Shares and, together with the Class A Ordinary Shares, the “Ordinary Shares”), Warrants or any securities convertible into, or exercisable, or exchangeable for, Class A Ordinary Shares owned by him, her or it; provided, however, that the foregoing shall not apply to transfers to the Sponsor by the Insiders, (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Units, Class A Ordinary Shares, Founder Shares, Warrants or any securities convertible into, or exercisable, or exchangeable for, Class A Ordinary Shares owned by him, her or it, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise or (iii) publicly announce any intention to effect any transaction specified in clause (i) or (ii). If the undersigned is an officer or director of the Company, the undersigned further agrees that the forgoing restrictions shall be equally applicable to any issuer-directed Units that the undersigned may purchase in the Public Offering.
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Class B Ordinary Shares shall have the meaning set forth in the recitals to this Agreement.
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Class B Ordinary Shares means: class B ordinary shares in the capital of the Company;
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Class B Ordinary Shares means the Class B Ordinary Shares in the capital of the Company having a par value of USD0.001 each having the rights, and subject to the restrictions, provided in these Articles;
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Class B Ordinary Shares means Class B ordinary shares of the Company, par value $0.0001 per share
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Class B Ordinary Shares means the Class B ordinary shares of the Company, par value $0.0001 per share; (c) “Founder Shares” shall mean the 5,000,000 Class B Ordinary Shares initially issued to the Sponsor for an aggregate purchase price of $25,000, or approximately $0.005 per share, prior to the consummation of the Public Offering; (d) “Initial Shareholders” shall mean the Sponsor and any Insider that holds Founder Shares; (e) “Ordinary Shares” shall mean, collectively, the Class A Ordinary Shares and the Class B Ordinary Shares; (f) “Private Placement Shares” shall mean the 500,000 Class A Ordinary Shares that the Sponsor has agreed to purchase for a purchase price of $5,000,000, or $10.00 per share, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (g) “Public Shareholders” shall mean the holders of Class A Ordinary Shares issued in the Public Offering; (h) “Trust Account” shall mean the trust fund into which a portion of the net proceeds from the Public Offering and the sale of the Private Placement Shares shall be deposited; and (i) “Transfer” shall mean the (i) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (ii) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (iii) public announcement of any intention to effect any transaction specified in clause (i) or (ii).
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Class B Ordinary Shares means (x) the Company’s shares of class B ordinary shares, par value $0.00005 per share, and (y) any capital stock into which such shares shall have been changed or any share capital resulting from a reclassification of such ordinary shares.
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