Examples of Additional Closing Shares in a sentence
The Additional Closing Shares and the Commitment Share were issued outside of the 5,000,000 merger consideration so that the original shareholders of NewGenIvf would not have the number of shares they received at closing of the Business Combination reduced.
Purchaser (i) is acquiring the Series A Closing Shares, the Series A-1 Purchased Shares, the Additional Closing Shares (if any) and the Warrants, (ii) upon conversion of the Series A Closing Shares and the Additional Closing Shares (if any), will acquire the Conversion Stock then issuable upon conversion thereof.
The Sponsor and its affiliates will retain 1,725,000 ordinary shares upon consummation of the Business Combination, representing ownership interest of approximately 17.1% in the combined company, which represents a transaction value of approximately $12,064,000, assuming a pre- transaction value of NewGenIvf of $50 million plus the Additional Closing Shares and Commitment Shares valued at $10.95 million and assuming maximum redemption by our public shareholders and no exercise of our warrants.
The Purchasers or the Additional Closing Purchasers, as applicable, shall have delivered to the Company: (i) with respect to the Closing, the aggregate Purchase Price Per Share for the Series A Closing Shares and Series A-1 Purchased Shares purchased at the Closing, and (ii) with respect to the Additional Closing, the aggregate Purchase Price Per Share for the Additional Closing Shares purchased at the Additional Closing.
The Purchasers and the Company shall, prior to the each of the Closing and the Additional Closing, if any, agree in writing on how to allocate the aggregate purchase price paid at such Closing and Additional Closing among the Series A Closing Shares, the Additional Closing Shares, the Series A-1 Purchased Shares and the Warrants, as applicable.
The Company's obligation to issue, sell and deliver the Additional Closing Shares and the Additional Closing Warrants at the Additional Closing is subject to the fulfillment at or prior to the Additional Closing of the following conditions (in addition to the conditions set forth in Section 5.1 above), any of which may be waived in whole or in part by the Company at any time in its sole discretion by providing the Additional Closing Purchasers with written notice thereof.
The Company and the Purchasers shall agree, prior to the Closing, on a form of letter of instruction to be delivered to the Company's transfer agent regarding the issuance of the Securities (which shall include, among other matters, irrevocable instructions to issue certificates upon conversion of the Series A Closing Shares, the Series A-1 Purchased Shares, the Additional Closing Shares and the Series A-1 Conversion Shares).
Bally Jute Company, an ISO 9001 organization, is now trying to set trends and create new benchmarks in the branded jute goods market.
Xxxxx Address: /s/ Sxxxx Xxxx Sxxxx Xxxx Address: /s/ Hxxxxxxx Xxxxx Hxxxxxxx Xxxxx Address: SXXXXX CAPITAL PARTNERS, LLC /s/ Fxxx Xxxxxx Fxxx Xxxxxx Address: SCHEDULE I Stockholder Closing Shares Founder Shares Sponsor Warrants Additional Closing Shares Nabron International, Inc.
December 18, 2023 Page 2 is currently contemplated that 800,000 Additional Closing Shares will be issued based on the amount shown in certain tables.