Working Capital. Upon consummation of the Offering, at least $1,200,000 of the net proceeds from the sale of Units and Placement Units (or $1,080,000 if the Over-allotment Option is exercised in full) will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the Prospectus.
Appears in 3 contracts
Samples: Underwriting Agreement (IB Acquisition Corp.), Underwriting Agreement (IB Acquisition Corp.), Underwriting Agreement (IB Acquisition Corp.)
Working Capital. Upon consummation of the Offering, at least it is intended that approximately $1,200,000 2,610,000 of the net proceeds from the sale of Units the Firm Units, the Option Units, if any, and Private Placement Units (or $1,080,000 if the Over-allotment Option is exercised in full) will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 3 contracts
Samples: Underwriting Agreement (Western Acquisition Ventures Corp.), Underwriting Agreement (Western Acquisition Ventures Corp.), Underwriting Agreement (Western Acquisition Ventures Corp.)
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 1,705,000 of the net proceeds from the sale of the Firm Units and Placement Private Units, and up to an additional $500,000 of the net proceeds from the sale of the Option Units (or $1,080,000 and additional Private Units if the Over-allotment Allotment Option is exercised in full) will , shall be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 3 contracts
Samples: Underwriting Agreement (GigCapital2, Inc.), Underwriting Agreement (GigCapital2, Inc.), Underwriting Agreement (GigCapital2, Inc.)
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 1,934,790 of the net proceeds from the sale of the Firm Units and Placement Units (or $1,080,000 Private Units, or, if the Over-allotment Allotment Option is exercised in full) will , $1,790,000 of the net proceeds from the sale of the Option Units and Private Units, shall be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (GigCapital3, Inc.), Underwriting Agreement (GigCapital3, Inc.)
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 2,075,000 of the net proceeds from the sale of the Firm Units and Placement Units (or $1,080,000 Private Units, or, if the Over-allotment Allotment Option is exercised in full) will , $1,625,000 of the net proceeds from the sale of the Option Units and Private Units, shall be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (GigInternational1, Inc.), Underwriting Agreement (GigInternational1, Inc.)
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 2,500,000 of the net proceeds from the sale of the Firm Units and Placement Units (or $1,080,000 Private Units, or, if the Over-allotment Allotment Option is exercised in full) will , $2,440,000 of the net proceeds from the sale of the Option Units and Private Units, shall be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (GigCapital3, Inc.), Underwriting Agreement (GigCapital3, Inc.)
Working Capital. Upon consummation of the Offering, at least it is intended that approximately $1,200,000 1,000,000 of the net proceeds from the sale of the Firm Units and Placement Units Private Warrants (or $1,080,000 400,000 if the Over-allotment Allotment Option is exercised in full) will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (LIV Capital Acquisition Corp. II), Underwriting Agreement (LIV Capital Acquisition Corp. II)
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 830,000 of the net proceeds from the sale of the Firm Units and Placement Units (or $1,080,000 Private Units, or, if the Over-allotment Allotment Option is exercised in full) will , $530,000 of the net proceeds from the sale of the Option Units and Private Units, shall be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (GigCapital5, Inc.), Underwriting Agreement (GigCapital5, Inc.)
Working Capital. Upon consummation of the Offering, at least it is intended that approximately $1,200,000 of the net proceeds from the sale of Units and Placement Units 450,000 (or $1,080,000 800,000 if the Over-allotment Option is exercised in full) of the proceeds from the sale of the Firm Units and Sponsor Units will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (Cambridge Capital Acquisition Corp), Underwriting Agreement (Cambridge Capital Acquisition Corp)
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 650,000 (or $747,500 if the Over-allotment Option is exercised in full) of the net proceeds from the sale of Units and Placement Units (or $1,080,000 if the Over-allotment Option is exercised in full) will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (Global Consumer Acquisition Corp), Underwriting Agreement (Global Consumer Acquisition Corp)
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 3,045,000 of the net proceeds from the sale of the Firm Units and Placement Units (or $1,080,000 Private Units, or, if the Over-allotment Allotment Option is exercised in full) will , $3,257,500 of the net proceeds from the sale of the Option Units and Private Units, shall be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (GigCapital5, Inc.), Underwriting Agreement (GigCapital6, Inc.)
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 500,000 (or $575,000 if the Over-allotment Option is exercised in full) of the net proceeds from the sale of Units and Placement Units (or $1,080,000 if the Over-allotment Option is exercised in full) Warrants will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 2 contracts
Samples: Underwriting Agreement (FoxWayne Enterprises Acquisition Corp.), FoxWayne Enterprises Acquisition Corp.
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 2,850,000 of the net proceeds from the sale of the Firm Units and Placement Units (or $1,080,000 Private Units, or, if the Over-allotment Allotment Option is exercised in full) will , $2,765,000 of the net proceeds from the sale of the Option Units and Private Units, shall be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 1 contract
Working Capital. Upon consummation of the Offering, at least approximately $1,200,000 2,180,000 of the net proceeds from the sale of the Firm Units and Placement Units (or $1,080,000 Private Units, or, if the Over-allotment Allotment Option is exercised in full) will , $2,030,000 of the net proceeds from the sale of the Option Units and Private Units, shall be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company as described in the ProspectusCompany.
Appears in 1 contract
