Initial Holders definition
Initial Holders has the meaning set forth in the preamble.
Initial Holders means Phoenix Biotech Sponsor, LLC; (iii) “Offering Shares” shall mean the shares of Common Stock included in the units sold in the Offering; (iv) “Placement Shares” shall mean the shares of Common Stock sold as part of the Placement Units; (v) “Placement Warrants” shall mean the Warrants to purchase up to an aggregate of 445,750 shares of the Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of up to 891,500 Units of the Company (each Placement Unit consists of one-half of one Placement Warrant and one Placement Share) sold in the Private Placement to the Sponsor, Cantor and CCM for an aggregate purchase price of up to $8,915,000; (vii) “Trust Account” shall mean the trust account into which net proceeds of the Offering and the Private Placement will be deposited; (viii) “Prospectus” shall mean the prospectus included in the registration statement filed by the Company in connection with the Offering, as supplemented or amended from time to time; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Offering pursuant to which the Company has agreed to sell an aggregate of up to 891,500 Placement Units to Phoenix Biotech Sponsor, LLC, a Delaware limited liability company, Cantor and CCM; (x) “Sponsor” shall mean, Phoenix Biotech Sponsor, LLC, a Delaware limited liability company; (xi) “Insiders” shall mean the Sponsor and its members, any holders of Founder Shares, any person who receives Placement Units, Founder Shares or their respective underlying securities as a Permitted Transferee and each officer and director of the Company; and (y) references to completion of the Offering shall exclude any exercise of the Underwriters’ over-allotment option.
Initial Holders means, individually or collectively as the context may require, the Initial Note A Holders, the Initial Note B-1 Holder, the Initial Note B-2 Holder and the Initial Note B-3 Holder.
Examples of Initial Holders in a sentence
Parent will furnish or cause to be furnished to the Rights Agent in such form as Parent receives from the Company’s transfer agent (or other agent performing similar services for the Company with respect to other Shares, Company RSUs or In-The-Money Company Stock Options) the names and addresses of the Initial Holders of CVRs within thirty (30) Business Days after the Effective Time.
More Definitions of Initial Holders
Initial Holders means the Sponsor and each of the undersigned officers, directors and director nominees of the Company listed under Holder on the signature pages hereto.
Initial Holders shall have the meaning given in the Preamble hereto.
Initial Holders has the meaning set forth in the introductory paragraph.
Initial Holders has the meaning provided in the first paragraph of this Agreement.
Initial Holders has the meaning set forth in the recitals hereto.
Initial Holders means, individually or collectively as the context may require, the Initial Note A Holders.
Initial Holders means CPLP and SSC.