Placement Warrants shall have the meaning given in the Recitals hereto.
Placement Warrants means the 15,080,756 warrants issued to our Sponsor in the private placement that occurred simultaneously with the consummation of our IPO for a purchase price of $0.50 per placement warrant for a total purchase price of approximately $7,540,000, each of which is exercisable for one-half of one share of Hennessy Capital common stock at a price of $5.75 per half share ($11.50 per whole share), in accordance with its terms. Warrants may be exercised only for a whole number of shares of Hennessy Capital’s common stock. No fractional shares will be issued upon exercise of the warrants.
Placement Warrants means the Warrants to purchase up to an aggregate of 185,000 Ordinary Shares that are included in the Placement Units; (viii) “Placement Units” shall mean the aggregate of up to 370,000 Units of the Company (each Placement Unit consists of one-half of a Placement Warrant and one Placement Share) sold in the Private Placement to the Sponsor for an aggregate purchase price of up to $3,700,000; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Public Offering pursuant to which the Company has agreed to sell an aggregate of up to 370,000 Placement Units to the Sponsor; (x) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (xi) “Sponsor Loan” shall mean the loan the Sponsor will be making to the Company simultaneously with the Public Offering; (xii) “Sponsor Loan Shares” shall mean the shares underlying the Sponsor Loan Units; (xiii) “Sponsor Loan Units” shall mean an aggregate of up to 414,000 Units of the Company (each Sponsor Loan Unit consists of one-half of a Sponsor Loan Warrant and one Sponsor Loan Share) that may be issued to the Sponsor upon conversion of the Sponsor Loan; (xii) “Sponsor Loan Warrants” shall mean the Warrants to purchase an aggregate of up to 207,000 Ordinary Shares that are included in the Sponsor Loan Units; (xiv) “Trust Account” shall mean the trust fund into
Examples of Placement Warrants in a sentence
Each of the Working Capital Warrants shall be identical to the Private Placement Warrants.
More Definitions of Placement Warrants
Placement Warrants means 5,910,416 warrants to purchase shares of Class A common stock issued to Sponsor in the Private Placement (including the additional warrants purchased after the AMCI IPO in connection with the overallotment securities issued by AMCI’s underwriters). Each Placement Warrant entitles the holder thereof to purchase one share of Class A common stock for $11.50 per share.
Placement Warrants is defined in the preamble to this Agreement.
Placement Warrants mean the warrants included within the Placement Units.
Placement Warrants means 3,940,278 warrants to purchase shares of Class A common stock issued to Sponsor in the Private Placement, which, after the Business Combination, entitles the holder thereof to purchase one share of common stock for $11.50 per share.
Placement Warrants means the warrants to purchase 243,750 shares of Class A common stock underlying the placement units.
Placement Warrants means the warrants included within the Placement Units purchased by the Sponsor in the Private Placement. Each Placement Warrant entitles the holder thereof to purchase one share of Digital World Class A common stock for $11.50 per share.
Placement Warrants means Warrants underlying the Placement Units.