SPAC definition

SPAC shall have the meaning given in the Preamble.

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SPAC has the meaning set forth in the Preamble.

SPAC shall have the meaning given in the Recitals hereto.

Examples of SPAC in a sentence

SPAC is duly qualified or licensed and in good standing to do business in each jurisdiction in which the character of the property owned, leased or operated by it or the nature of the business conducted by it makes such qualification or licensing necessary.
All documents that SPAC is responsible for filing with the SEC in connection with the Transactions will comply as to form and substance in all material respects with the applicable requirements of the Securities Act and the Exchange Act.
The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by the board of directors of SPAC and, other than the SPAC Shareholders’ Approval, no other corporate proceedings on the part of SPAC are necessary to authorize the execution and delivery of this Agreement or to consummate the transactions contemplated hereby.
SPAC has performed all material obligations required to be performed by it to date under, and is not in default, breach or delinquent in performance or any other respect (claimed or actual) in connection with, the Trust Agreement, and no event has occurred which, with due notice or lapse of time or both, would constitute such a default or breach thereunder.
SPAC has all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as now being conducted.

More Definitions of SPAC

SPAC is defined in the Preamble to this Agreement.

SPAC means a special purpose acquisition company whose shares of common stock are registered with the Securities and Exchange Commission.

SPAC has the meaning specified in the preamble hereto.

SPAC means a publicly traded special purpose acquisition company.

SPAC means a special purpose acquisition company, being a special purpose vehicle established for the purpose of facilitating the primary capital raising process to enable the acquisition of Viable Assets in pursuit of a listing on the Main Board or the Alternative Exchange (“AltX”);

SPAC means a newly formed special purpose acquisition entity, which (i) has been formed with the purpose of raising capital, (ii) has completed an initial public offering resulting in the Equity Interests of such entity being listed on a United States national securities exchange, and (iii) does not conduct any material business or maintain any material assets other than cash.

SPAC is defined in the recitals to this Agreement.