IPO Unit definition

IPO Unit means the units of the Offeror issued under the IPO. Each IPO Unit consisted of one Gold Royalty Share and one half of an IPO Warrant;
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IPO Unit means a common equity interest in the IPO Corporation.
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IPO Unit means a unit of the Corporation comprised of one Common Share and one-half of one IPO Warrant;
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Examples of IPO Unit in a sentence

  • Prior to the Detachment Date, the Public Warrants may be transferred or exchanged only together with any IPO Unit in which such Public Warrant is included, and only for the purpose of effecting, or in conjunction with, a transfer or exchange of such IPO Unit.

  • The Parties acknowledge and agree that (i) each Redemption and the IPO Unit Redemption shall be treated as a direct purchase of Units by the Corporation from the applicable Member pursuant to Section 707(a)(2)(B) of the Code (or any similar provisions of applicable state, local or foreign tax Law) (i.e., equivalent to a Direct Exchange) and (ii) each Exchange will give rise to Basis Adjustments.

  • Furthermore, each transfer of a IPO Unit on the register relating to such IPO Units shall operate also to transfer the Public Warrants included in such IPO Unit.

  • Immediately following the consummation of the IPO, the Corporation shall use a portion of the IPO Net Proceeds received from the IPO to effect the IPO Unit Acquisition.

  • The Company shall use a portion of the IPO Net Proceeds received pursuant to the Master Reorganization Agreement to effect the IPO Unit Redemption.

  • Immediately following the consummation of the IPO Class A Common Unit Subscription, the Company shall, without any consent or action of any Member, use a portion of the IPO Net Proceeds received pursuant to the IPO Class A Common Unit Subscription Agreement to effect the IPO Unit Redemption.

  • For each member subject to the IPO Unit Redemption, each Holdings Entity shall also provide a letter setting forth, in addition to the information in clauses (iv) and (v), wire transfer instructions for delivery of cash consideration in connection with the IPO Unit Redemption, and other information reasonably requested by Pubco and the Company (the “Distribution Instruction Letter”).

  • Without limiting the scope of the preceding sentence, all prior understandings and agreements, if any, among the parties relating to the subject matter hereof are hereby null and void and of no further force and effect except that all portions of the Letter Agreement other than the IPO Unit Grant section are not extinguished and continue with full further force and effect.

  • A maximum of 5,625,000 IPO Unit Warrants, 1,350,000 Put Unit Warrants, and 393,750 Compensation Unit Warrants (subject to adjustment as herein provided) are hereby created and authorized to be issued in accordance with the terms and conditions hereof.

  • Immediately following the consummation of the IPO, Pubco shall use the IPO Net Proceeds received from the IPO to effect the IPO Unit Acquisition.


More Definitions of IPO Unit

IPO Unit. Defined. Each IPO Unit represents a contingent right to receive a Share under the terms and conditions set forth in this Agreement and the Plan. An IPO Unit is an “Other Stock-Based Award” within the meaning of Section 8 of the Plan.
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Related to IPO Unit

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

  • OP Unit means a Partnership Unit which is designated as an OP Unit of the Partnership.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.