Private Placement definition
Examples of Private Placement in a sentence
The Company has duly authorized the issuance and sale of the Private Placement Units to the Purchaser.
At or prior to the time of the IPO Closing Date, the Company and the Purchaser shall enter into a registration rights agreement (the “Registration Rights Agreement”) pursuant to which the Company will grant certain registration rights to the Purchaser relating to the Private Placement Units and the Shares and Warrants underlying the Private Placement Units.
The Private Placement Units may not be sold, transferred or assigned until the Company consummates an initial business combination, subject to exceptions described in the Registration Statement.
The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the issuance and sale of the Private Placement Units hereunder.
Each of the Working Capital Warrants shall be identical to the Private Placement Warrants.