Common use of Working Capital Clause in Contracts

Working Capital. Upon consummation of the Offering, approximately $100,000 of the net proceeds from the sale of Units and Private Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Oak Woods Acquisition Corp), Underwriting Agreement (Oak Woods Acquisition Corp)

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Working Capital. Upon consummation of the Offering, approximately $100,000 345,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Quetta Acquisition Corp), Underwriting Agreement (Quetta Acquisition Corp)

Working Capital. Upon consummation of the Offering, approximately $100,000 2,200,000 of the net proceeds from the sale of Units and Private Units Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 2 contracts

Samples: Underwriting Agreement (Prospect Energy Holdings Corp.), Underwriting Agreement (Prospect Energy Holdings Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 600,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the CompanyCompany as described in the Prospectus.

Appears in 2 contracts

Samples: Underwriting Agreement (Jupiter Wellness Acquisition Corp.), Underwriting Agreement (Jupiter Wellness Acquisition Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 1,050,000 of the net proceeds from the sale of Units and Private Units Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the CompanyCompany as described in the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (CCIF Acquisition Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 705,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Cetus Capital Acquisition Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 1,350,000 of the net proceeds from the sale of Units and Private Units Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Translational Development Acquisition Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 1,300,000 of the net proceeds from the sale of Units and Private Units Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the CompanyCompany as described in the Prospectus.

Appears in 1 contract

Samples: Underwriting Agreement (Fpa Energy Acquisition Corp.)

Working Capital. Upon consummation of the Offering, it is intended that approximately $100,000 950,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Genesis Unicorn Capital Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 1,800,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Blue Room Acquisition Corp.)

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Working Capital. Upon consummation of the Offering, approximately $100,000 845,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (HHG Capital Corp)

Working Capital. Upon consummation of the Offering, approximately $100,000 172,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (CO2 Energy Transition Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 1,118,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (CO2 Energy Transition Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 1,572,356 of the net proceeds from the sale of Units and Private Units Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Henley Park Acquisition Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 1,350,000 of the net proceeds from the sale of Units and Private Placement Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: Underwriting Agreement (Clover Leaf Capital Corp.)

Working Capital. Upon consummation of the Offering, approximately $100,000 1,800,000 of the net proceeds from the sale of Units and Private Units Placement Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

Appears in 1 contract

Samples: TG Venture Acquisition Corp.

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