Maximum Redemptions definition
Maximum Redemptions means the maximum number of Class A Ordinary Shares of ABIC that may be redeemed in connection with the proposed Business Combination, while still satisfying the Minimum Cash Condition.
Maximum Redemptions means the maximum number of shares of FTAC Class A common stock that may be redeemed in connection with the proposed Business Combination, while still satisfying the Minimum Cash Condition, assuming that the full $300.0 million in aggregate proceeds are received from the closing of the purchases under the Forward Purchase Agreements, the full $1,550.0 million in aggregate proceeds are received from the PIPE Investment and that there is no Permitted Equity Financing.
Maximum Redemptions means the maximum number of Class A ordinary shares of Collier Creek that may be redeemed in connection with the proposed Business Combination, while still satisfying the Minimum Cash Condition, assuming that aggregate proceeds of $35,000,000 are received from the sale of the Forward Purchase Shares and Forward Purchase Warrants (assuming no Permitted Equity Financing).
Examples of Maximum Redemptions in a sentence
This differs from the Maximum Redemptions scenario as it reflects the impact of satisfying a $50.0 million minimum cash requirement pursuant to the Global Knowledge Merger agreement, as described under the Global Knowledge Maximum Redemptions scenario.
Inclusion of Skillsoft’s cash balance would increase the cash available for redemptions and decrease the percentage of ownership of Churchill public stockholders and increase the percentage ownership of Skillsoft Shareholders, the Sponsor and the PIPE Investors ratably in a Maximum Redemptions scenario.
Maximum Redemptions Total Capitalization (in thousands, except percentages) Shares % Shares % Skillsoft Shareholders .
More Definitions of Maximum Redemptions
Maximum Redemptions means the maximum number of Everest Class A common stock that may be redeemed in connection with the proposed Business Combination, while still satisfying the Minimum Cash Condition.
Maximum Redemptions means the redemption of all Trebia Public Shares.