OTM Warrants definition

OTM Warrants shall have the meaning given in the Recitals hereto.
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OTM Warrants means the 1,300,000 warrants issued at a price of $0.10 per warrant, each exercisable to purchase one share of Class A common stock at $15.00 per share;
Sample 1

Examples of OTM Warrants in a sentence

  • Additionally, Aldel has OTM Warrants outstanding that are exercisable for $15 per share, and will not be dilutive to our Public Stockholders until the stock price exceeds $15.Public Stockholders will also face dilution from the Founder Shares, which will automatically convert into shares of Class A common stock at the Closing on a one-for-one basis, resulting in the issuance of 2,875,000 shares of Class A common stock in the aggregate.

  • That’s why there is no calculation for these four pairs.In trading period, when traded with stocks according to the rules set in this study, two tenth of traded pairs result in loss and eight tenth of traded pairs result in profit.Table 3: Stock Trading Results Pair Number of DeviationsNumber of Days Pair PositionHeld2.2.2.2. Pairs Trading in OTM Warrants Pair positions are opened in warrants in the same trading day with stocks.

  • The reason of better performing of ITM warrants compared to OTM warrants is explained in Figure 2.Figure 2: Average Spread Cost Paid for ITM and OTM Warrants Average spread cost paid for ten pairs in ITM warrants is 3.42 % while this cost for OTM warrants is 5.45 %.

  • Form 1095-C will be issued by applicable large employers with 50 full-time equivalent employees subject to the large employer mandate.3. Form 8965 Health Insurance Exemptions, will be issued by the State Market Place for individuals who meet a coverage exemption during the year.

Related to OTM Warrants

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C attached hereto.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

  • Company Warrants means warrants to purchase shares of Company Common Stock.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Special Warrants means the special warrants issued by the Company, at a price of $0.10 per Special Warrant, pursuant to the Special Warrant Private Placement and entitling the holder thereof to acquire, for no additional consideration, one Common Share pursuant to the terms and conditions in the Special Warrant Certificates; and

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Placement Warrants shall have the meaning given in the Recitals hereto.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.