GCAC definition

GCAC means Growth Capital Acquisition Corp., a Delaware corporation, which was renamed “Cepton, Inc.” in connection with the Closing.
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GCAC means the Grid Code Advisory Committee established in accordance with code 5(1)(a); “generating unit” means a device used to produce electrical energy;
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GCAC means the General Common Areas Committee as described in Section 8.6 hereof.
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Examples of GCAC in a sentence

  • HCAM hereby acknowledges that the aggregate gross proceeds from GCAC’s initial public offering (“IPO”), including the proceeds received upon the consummation of the exercise of the over-allotment option, and proceeds received from a private placement that closed simultaneously with the first closing of the IPO, including any accrued interest not released to GCAC in accordance with the terms of the IPO was placed in a trust account (the “Trust Account”) for the benefit of the GCAC’s public stockholders.

  • HCAM further hereby acknowledges and agrees that HCAM does not have any right, title, interest or claim of any kind in or to any monies the Trust Account established by GCAC (“Claim”) and hereby waives any Claim HCAM may have in the future as a result of, or arising out of, any negotiations, contracts or agreements with GCAC, including this Agreement and the transactions contemplated hereby, and will not seek recourse against the Trust Account for any reason whatsoever.

  • As part of this process, GCAC is in the process of amending the terms of its warrants to facilitate shareholder approvals of the transactions.

  • Self-Selected Loan Portfolio Self-Selected Loan Portfolio GCAC was prudent in its loan selection process.

  • Prior to or concurrently with the consummation of the Business Combination, each of the Insider Shares held by the Participating Shareholders shall be exchanged for one (1) warrant to be issued by GCAC (the “Exchange Warrants”).

  • Warrant and Founder's Share Restructuring On July 14th, GCAC announced that it had entered into agreements to consummate an initial acquisition.

  • If approved, GCAC shall be obligated, within ten days of such approval, to commence an exchange offer on substantially similar terms to the Permanent Financing Exchange term sheet to all holders of GCAC’s public shares on a pro rata basis in compliance with all federal and state laws and regulations, including the Securities Exchange Act of 1934, as amended.

  • Note: GCAC balance sheet data as of March 31, 20091 Estimated cash in trust per share at closing.

  • The Share Repurchase Option may only be exercised by written notification from HCAM to GCAC that HCAM has chosen to exercise the Share Repurchase Option with respect to all or any part of the GCAC shares acquired through the Sponsor Share Purchases within one day prior to the Special Meeting.

  • Legacy Cepton and GCAC have not had any historical relationship prior to the Business Combination.


More Definitions of GCAC

GCAC shall have the meaning given in the Preamble hereto.
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GCAC means Gulf Coast Asphalt Company, L.L.C., an Alabama limited liability company.
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Related to GCAC

  • Public Stockholders means the holders of shares of Common Stock sold as part of the Units in the Offering or acquired in the aftermarket, including the Sponsor (as defined below) to the extent it acquires such shares of Common Stock in the aftermarket (and solely with respect to such shares of Common Stock). “Business Day” means any day other than Saturday, Sunday or other day on which commercial banks in The City of New York are authorized or required by law to remain closed; provided, however, for clarification, commercial banks shall not be deemed to be authorized or required by law to remain closed due to “stay at home”, “shelter-in-place”, “non-essential employee” or any other similar orders or restrictions or the closure of any physical branch locations at the direction of any governmental authority so long as the electronic funds transfer systems (including for wire transfers) of commercial banks in The City of New York are generally are open for use by customers on such day.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) 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 Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) 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 (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • PubCo has the meaning set forth in the Preamble.

  • TCAC means the California Tax Credit Allocation Committee.

  • Founders means all Members immediately prior to the consummation of the IPO.

  • CAC means the Cyberspace Administration of China.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • Principal Stockholders CERTAIN TRANSACTIONS," "DESCRIPTION OF SECURITIES," and "SHARES ELIGIBLE FOR FUTURE SALE" have been reviewed by such counsel, and insofar as they refer to statements of law, descriptions of statutes, licenses, rules or regulations or legal conclusions, are correct in all material respects;

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • SBI means State Bank of India (Client) having its Corporate Centre at Madame Cama Road, Nariman Point, Mumbai- 400 021 and its representative Local Head Offices/Administrative Offices/Regional Business Offices/Branches at various places across India and includes the client’s representatives, successors and assigns.

  • Initial Stockholders means the stockholders of Holdings who became -------------------- stockholders as of the Closing Date (including employees or directors of Holdings or any Subsidiary who were granted options to purchase stock as of the Closing Date) and any transferees of such stockholders described in clause (i) or (ii) in the definition of Approved Sale.

  • Existing Shareholders has the meaning set forth in the preamble.

  • UHAC means the Uniform Housing Affordability Controls set forth in N.J.A.C. 5:80-26.1 et seq.

  • Subco means 1102209 B.C. LTD., a corporation incorporated under the laws of the Province of British Columbia;

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

  • Ordinary Shareholders means holders of Ordinary Shares;

  • BTCo means Bankers Trust Company, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

  • Parent Ordinary Shares means the Ordinary Shares, nominal value NIS 0.0175 per share, of Parent.

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.