Initial Holders definition
Initial Holders has the meaning set forth in the preamble.
Initial Holders means FinTech Investor Holdings VI, LLC, a Delaware limited liability company, and FinTech Masala Advisors VI, LLC, a Delaware limited liability company; (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 172,500 shares of Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of 690,000 Units of the Company (each Placement Unit consists of one-fourth of one Placement Warrant and one Placement Share) sold in the Private Placement for a purchase price of $6,900,000; (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 690,000 Placement Units to FinTech Investor Holdings VI, LLC (580,000 Placement Units) and Cantor (110,000 Placement Units); (x) “Sponsor” shall mean, collectively, FinTech Investor Holdings VI, LLC, a Delaware limited liability company, and FinTech Masala Advisors VI, LLC, a Delaware limited liability company; (xi) “Insiders” shall mean the Sponsor, 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 (xii) 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 of this Agreement.
Initial Holders has the meaning set forth in the introductory paragraph.
Initial Holders means the Sponsor and any Insider that holds Founder Shares; (v) “Insiders” shall mean the Sponsor and its members, any holders of Founder Shares or Representative’s Shares, any person who receives Placement Units, Founder Shares, Representative’s Shares or their respective underlying securities as a Permitted Transferee and each officer and director of the Company; (vi) “Placement Shares” shall mean the Ordinary Shares sold as part of the Placement Units; (vii) “Placement Warrants” shall mean the Warrants to purchase up to an aggregate of 506,250 Ordinary Shares (or Warrants to purchase up to an aggregate of 560,250 Ordinary Shares if the underwriters’ over-allotment option is exercised in full) that are included in the Placement Units and the Placement Subunits; (viii) “Placement Units” shall mean the aggregate of 675,000 Units (or 747,000 Units if the underwriters’ over-allotment option is exercised in full) of the Company (each Placement Unit consists of one-half of a Placement Warrant and one Subunit, consisting of one Placement Share and one-quarter of one Placement Warrant (the “Placement Subunits”)) sold in the Private Placement to the Sponsor and the Representative for an aggregate purchase price of $6,750,000 (or $7,470,000 if the underwriters’ over-allotment option is exercised in full); (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Public Offering pursuant to which the Company has agreed to sell up to an aggregate of 747,000 Placement Units to the Sponsor and the Representative; (x) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (xi) “Representative’s Shares” shall mean the 100,000 Class B ordinary shares of the Company, par value $0.0001 per share, issued to the Representative simultaneously with the closing of the Public Offering; (xii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering shall be deposited; (xiii) “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 o...
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.