PIPE Investment definition

PIPE Investment has the meaning specified in the Recitals hereto.
PIPE Investment has the meaning set forth in the Recitals.
PIPE Investment means the purchase of shares of Domesticated Acquiror Common Stock pursuant to the Subscription Agreements.

Examples of PIPE Investment in a sentence

  • Upon the Closing, after giving effect to the Redemption and the PIPE Investment, Holdco shall have net tangible assets of at least $5,000,001.

  • Any such remaining amounts paid to Purchaser in accordance with the foregoing sentence shall, along with any proceeds from any PIPE Investment, first be used to pay (a) the Purchaser’s accrued Expenses, (b) the Purchaser’s deferred Expenses of the IPO, and (d) any other Expenses of the Purchaser, the Company, and the Holdco as of the Closing.


More Definitions of PIPE Investment

PIPE Investment means the purchase of shares of Acquiror Class A Common Stock pursuant to the Subscription Agreements.
PIPE Investment shall have the meaning set forth in the Recitals hereto.
PIPE Investment means the private placement of 5,000,000 shares of Common Stock for an aggregate of $50,000,000 in a private placement immediately prior to the Closing.
PIPE Investment means the private placement pursuant to which the PIPE Investors have made a private investment in the aggregate amount of $70,000,000 in public equity in the form of Class A common stock following the Domestication and immediately prior to the Closing on the terms and conditions set forth in the PIPE Subscription Agreements. An institutional investor that had committed to purchase an aggregate of 1,000,000 shares of Class A common stock for $10.00 per share to be included in the PIPE Investment defaulted under its subscription agreement, and failed to fund the $10,000,000 investment it had committed to make (See “Legal Proceedings”).
PIPE Investment has the meaning specified in the Recitals.