Option Closing definition

Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

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Option Closing has the meaning set forth in Section 2.2(c).

Option Closing means the purchase of Additional Shares contemplated upon the exercise of the Over-Allotment Option;

Examples of Option Closing in a sentence

• If such delivery and payment for the Option Units does not occur on the Closing Date, the Option Closing Date will be as set forth in the notice.

• Based on the assumptions stated in the Registration Statement, the Statutory Prospectus, and the Prospectus, the Company will have on the Closing Date or on the Option Closing Date, as the case may be, the adjusted stock capitalization set forth therein.

• The Prospectus, as of its date and the Closing Date or the Option Closing Date, as the case may be, did not, and the amendments and supplements thereto, as of their respective dates, will not, include any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.

• Delivery of the Representative Shares shall be made on the Closing Date, or Option Closing Date, as applicable.

• Certain proceeds from the sale of the Placement Securities will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date or any Option Closing Date, as applicable, as provided for in the Private Placement Unit Purchase Agreement.

More Definitions of Option Closing

Option Closing means the completion of the sale by the Company of the Additional Shares pursuant to this Agreement;

Option Closing means the closing of the transactions contemplated upon the exercise of the Over-Allotment Option;

Option Closing has the meaning set forth in Section 5.3(c).

Option Closing has the meaning assigned in Section 7.8(a).

Option Closing means the closing of the transactions contemplated by the Option Agreement.

Option Closing shall have the meaning set forth in Section 5.1(d).

Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2. “Option Closing Date” shall have the meaning ascribed to such term in Section 2.2(c).