Public Shares definition

Public Shares means the Ordinary Shares included in the Units 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 Warrants 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.
Public Shares means the Class A Shares issued as part of the units issued in the IPO.
Public Shares means, collectively, the Closing Shares and, if any, the Option Shares.

Examples of Public Shares in a sentence

In the event of an Automatic Redemption Event, only the holders of Public Shares shall be entitled to receive pro rata redeeming distributions from the Trust Account with respect to their Public Shares.

Prior to a Business Combination, the Company will not issue any securities (other than Public Shares) that would entitle the holder thereof to (i) receive funds from the Trust Account; or (ii) vote on any Business Combination.

In the event the Company enters into a Business Combination with a company that is affiliated with the Sponsor or any of the directors or officers of the Company, the Company will obtain an opinion from an independent investment banking firm or independent accounting firm that such a Business Combination is fair to the holders of the Public Shares from a financial point of view.

A holder of Public Shares shall be entitled to receive distributions from the Trust Account only in the event of an Automatic Redemption Event, an Amendment Redemption Event or in the event he accepts a Tender Redemption Offer or a Redemption Offer where the Business Combination is consummated.

The title to Public Shares may be evidenced and transferred in accordance with the laws applicable to the rules and regulations of the Designated Stock Exchange and, for these purposes, the Register of Members may be maintained in accordance with Article 40B of the Act.


More Definitions of Public Shares

Public Shares means the Shares included in the units issued in the IPO;
Public Shares means the Shares issued in the IPO;
Public Shares means the Class A Shares sold in the IPO (whether purchased in the IPO or thereafter in the open market).
Public Shares means the Class A Shares issued as part of the units issued in the IPO (which excludes, for the avoidance of doubt, Class A Shares that are issued upon conversion of Class B Shares).
Public Shares means Class A Ordinary Shares issued as part of the units sold in the IPO.
Public Shares means the shares of Class A common stock included in the units sold by CRIS in its IPO. “public stockholder” means a holder of public shares.
Public Shares means the Class A Shares issued as part of the units (as described at Article 9) issued in the IPO.