Placement Shares definition

Placement Shares shall have the meaning given in the Recitals hereto.
Placement Shares has the meaning given thereto in Section 2(a) hereof;
Placement Shares has the meaning given thereto in Section 4.1;

Examples of Placement Shares in a sentence

  • It is expressly acknowledged and agreed that neither the Company nor the Agent will have any obligation whatsoever with respect to a Placement or any Placement Shares unless and until the Company delivers a Placement Notice to the Agent and the Agent does not decline such Placement Notice pursuant to the terms set forth above, and then only upon the terms specified therein and herein.

  • In each jurisdiction in which the Placement Shares have been so qualified or exempt, the Company will file such statements and reports as may be required by the laws of such jurisdiction to continue such qualification or exemption, as the case may be, in effect for so long as required for the distribution of the Placement Shares (but in no event for less than one year from the date of this Agreement).

  • No person has the right to act as an underwriter or as a financial advisor to the Company in connection with the offer and sale of the Placement Shares hereunder, whether as a result of the filing or effectiveness of the Registration Statement or the sale of the Placement Shares as contemplated hereby or otherwise.

  • During a Suspension Period, the Company shall not issue any Placement Notices and the Sales Agent shall not sell any Placement Shares hereunder.

  • The relative benefits received by the Company on the one hand and the Sales Agent on the other hand shall be deemed to be in the same proportion as the total Net Proceeds from the sale of the Placement Shares (before deducting expenses) received by the Company bear to the total compensation received by the Sales Agent from the sale of Placement Shares on behalf of the Company.

More Definitions of Placement Shares

Placement Shares means the shares of Common Stock sold as part of the Placement Units; (v) “Placement Warrants” shall mean the aggregate of 300,000 Warrants to purchase up to an aggregate of 300,000 shares of the Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of 300,000 Units of the Company (each Placement Unit consists of one Placement Warrant and one Placement Share) sold in the Private Placement to the Sponsor and Cantor Xxxxxxxxxx for an aggregate purchase price of $3,000,000; (vii) “Trust Account” shall mean the trust account into which net proceeds of the Offering and the Private Placement will be deposited; (viii) “Prospectus” shall mean the prospectus included in the registration statement filed by the Company in connection with the Offering, as supplemented or amended from time to time; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Offering pursuant to which the Company has agreed to sell an aggregate of 300,000 Placement Units to FinTech Investor Holdings, LLC, a Delaware limited liability company (the “Sponsor”) and Cantor Xxxxxxxxxx; (x) “Insiders” shall mean the Sponsor and its members, any holders of Founder Shares, any person who receives Placement Units or their underlying securities as a Permitted Transferee (except for Cantor Xxxxxxxxxx) or Founder Shares as a Permitted Transferee and each officer and director of the Company; and (xi) references to completion of the Offering shall exclude any exercise of the Underwriters’ over-allotment option.
Placement Shares mean the shares of Common Stock included within the Placement Units.
Placement Shares has the meaning assigned to such term in the recitals.
Placement Shares means the shares of New Beginnings Common Stock included in the Placement Units. “Placement Units” means the New Beginnings Units purchased in a private placement in connection with
Placement Shares has the meaning given thereto in Section 3.1 hereof;
Placement Shares means the 953,864 Shares issued by NovAtel to Offeror pursuant to the Private Placement;
Placement Shares means the 953,864 Shares;