Examples of Public Warrant in a sentence
The Company shall not issue fractional Warrants other than as part of the Units, each of which is comprised of one Class A Share and one-half of one Public Warrant.
In the event that the conditions in the two immediately preceding sentences are not satisfied with respect to a Public Warrant, the holder of such Public Warrant shall not be entitled to exercise such Public Warrant and such Public Warrant may have no value and expire worthless, in which case the purchaser of a Public Unit containing such Public Warrant shall have paid the full purchase price for the Public Unit solely for the Class A Ordinary Share underlying such Public Unit.
In no event will the Company be required to net cash settle the Public Warrant exercise.
Prior to the Detachment Date, the Public Warrants may be transferred or exchanged only together with the Public Unit in which such Public Warrant is included, and only for the purpose of effecting, or in conjunction with, a transfer or exchange of such Public Unit.
Notwithstanding anything herein to the contrary, any Public Warrant, or portion thereof, may be issued as part of, and be represented by, a Public Unit.