Private Placement Shares definition

Private Placement Shares shall have the meaning given in the Recitals hereto.

Private Placement Shares means the shares of Common Stock comprising the Private Placement Units.

Private Placement Shares are to the Class A Shares included in the Private Placement Units.

Examples of Private Placement Shares in a sentence

• On the Closing Date, the Private Placement Shares have been purchased as provided for in the Subscription Agreements, and the requisite portion of the purchase price for such securities specified in this Agreement shall be deposited into the Trust Account.

• Upon consummation of the Offering, approximately $1,950,000 of the net proceeds from the sale of the Private Placement Shares and the Private Placement Warrants shall be released to the Company, which together with $100,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $2,050,000 to fund the working capital requirements of the Company.

• The Private Placement Shares and Private Placement Warrants conform in all material respects to the descriptions thereof contained in the Registration Statement, the General Disclosure Package, and the Prospectus, as the case may be.

• Neither the Company nor any of its affiliates has, prior to the date hereof, made any offer or sale of any securities which are required to be “integrated” pursuant to the Act or the Regulations with the offer and sale of the Public Securities, the Public Shares and the Public Warrants pursuant to the Registration Statement, or the Private Placement Shares and Private Placement Warrants in the Private Placement.

• Each of the non-managing investors have executed and delivered a subscription agreement, the form of which is annexed as an exhibit to the Registration Statement (as amended, each, a “Subscription Agreement” and collectively, the “Subscription Agreements”), pursuant to which the non-managing investors have agreed, among other things, to purchase the Private Placement Shares on the Closing Date.

More Definitions of Private Placement Shares

Private Placement Shares means the shares of Common Stock purchased by the undersigned simultaneously with and subject to the consummation of the Company’s IPO, as set forth in that certain Private Placement Agreement, dated as of October 23, 2013, by and between the Company and the undersigned.

Private Placement Shares means the shares of Common Stock included in the units issued in the Private Placement.

Private Placement Shares means the Ordinary Shares that will be acquired by the Sponsor for an aggregate purchase price of $4,600,000 (or up to $4,990,000 if the Underwriters’ exercise their option to purchase additional Ordinary Shares in full) in a private placement that shall close simultaneously with the consummation of the Public Offering; (iv) “Public Shareholders” shall mean the holders of Ordinary Shares issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Shares shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

Private Placement Shares has the meaning set forth in Section 3.01(b).

Private Placement Shares is defined in the recitals to this Agreement.

Private Placement Shares means the shares of our Common Stock included in the Private Placement Units issued to the Initial Stockholders in a private placement that closed prior to the IPO.

Private Placement Shares means any Class A Shares issued or issuable to any holder of Class F Shares or Class G Shares in a private placement consummated in connection with the IPO.