Placement Warrants definition

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 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.

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 12,125,000 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
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.