Ordinary Share definition
Examples of Ordinary Share in a sentence
The Company has furnished to the Buyers true, correct and complete copies of the Company’s memorandum of association (as amended and as in effect on the date hereof, the “Memorandum of Association”) and articles of association (as amended and as in effect on the date hereof, the “Articles of Association”), and the terms of all Ordinary Share Equivalents and the material rights of the holders thereof in respect thereto.
If, upon the exercise of Warrants, a holder would be entitled to receive a fractional interest in an Ordinary Share, the Company will, upon exercise, round down to the nearest whole number the number of Ordinary Shares to be issued to the Warrant holder.
Each Placement Unit is comprised of one Class A Ordinary Share (a “Placement Share”) and one-half of one Warrant (a “Placement Warrant” and together with the Public Warrants, the “Warrants”) to be governed by the Warrant Agreement.
Each whole Placement Warrant is exercisable to purchase one Class A Ordinary Share (a “Warrant Share”) at an exercise price of $11.50.
As of the date hereof, the authorized share capital of the Company consists of (A) 9,000,000,000 Ordinary Shares, of which, 349,791,275 Ordinary Shares are issued and outstanding and 46,280,876 Ordinary Shares are reserved for issuance pursuant to Ordinary Share Equivalents (as defined below) (other than the Notes) exercisable or exchangeable for, or convertible into, Ordinary Shares, and (B) 1,000,000,000 Blank Check Shares, none of which are issued and outstanding.