Founder Warrants definition

Founder Warrants means the 3,848,750 warrants issued in a concurrent private placement at the time of the IPO to our Founder Holders (and/or their designees), each exercisable to purchase one share of Class A common stock at $11.50 per share.
Founder Warrants shall have the meaning given in the Recitals hereto.

Examples of Founder Warrants in a sentence

  • Changes in the fair value of the Warrants and Founder Warrants are recorded in the statement of profit or loss for each period.

  • Represents Underlying Founder Warrants to acquire up to 315,500 Common Shares, at an exercise price of $0.75 per share, expiring two years from the date of issuance of the Underlying Founder Warrant.

  • The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the issuance and sale of the Founder Warrants hereunder.

  • The shares of Common Stock issuable upon exercise of Founder Warrants shall be unregistered shares.

  • However, once such purchase rights are exercised, the Company may redeem the Founder Warrants issued upon such exercise provided that the criteria for redemption are met.


More Definitions of Founder Warrants

Founder Warrants is defined in the recitals to this Agreement.
Founder Warrants means the warrants being purchased privately by certain of the Investors simultaneously with the consummation of the Company’s initial public offering.
Founder Warrants means the 23,000,000 warrants of the Company to purchase shares of Common Stock issued as part of the Founder Units to the Investors (including the underlying shares of Common Stock) (or such lesser number of warrants that the Investors may hold if the Underwriter’s over-allotment option is not exercised in full by the Underwriter), giving effect to the split of the Founder Units.
Founder Warrants means those certain warrants issued by FIHL to Crestview FIHL Holdings, L.P., Crestview FIHL TE Holdings, Ltd., Pine Brook Feal Intermediate, L.P. and CVC Falcon Holdings Limited over FIHL Shares;
Founder Warrants means, collectively, the Founder Public Warrants and Founder Private Placement Warrants.
Founder Warrants means 5,000,000 Warrants granted to the Founding Directors tosubscribe for Ordinary Shares at £0.10 per Ordinary Share as further described in paragraph of Part XIII (Additional Information) of this prospectus;
Founder Warrants means the Private Warrants and the Debenture Holder Warrants, collectively; “JOBS Act” means the Jumpstart Our Business Startups Act of 2012, as amended;