Insider Shares definition

Insider Shares means all shares of Common Stock of the Company owned by an Insider immediately prior to the Company’s IPO. For the avoidance of doubt, Insider Shares shall not include any IPO Shares purchased by Insiders in connection with or subsequent to the Company’s IPO.

Insider Shares means all of the shares of Common Stock of the Company issued prior to the IPO and prior to the Private Placement Shares.

Insider Shares means all of the shares of Common Stock of the Company owned by an Insider prior to the IPO.

Examples of Insider Shares in a sentence

• No underwriting discounts, commissions or placement fees have been or will be payable in connection with the sale of the Insider Shares.

• During the Escrow Period, such parties shall be prohibited from selling or otherwise transferring such Insider Shares, except in certain limited circumstances set forth in the Escrow Agreement.

• The Insider Shares conform in all material respects to the descriptions thereof contained in the Registration Statement, the Statutory Prospectus and the Prospectus, as the case may be.

• The Insider Shares are subject to forfeiture if the individual resigns or the services are terminated for cause prior to the completion of the Business Combination.

• The Insider Shares shall be held in escrow and subject to restrictions on transfer as set forth in the Registration Statement.

More Definitions of Insider Shares

Insider Shares means all shares of Common Stock of the Company owned by an Insider immediately prior to the Private Placement and the Company's IPO. For the avoidance of doubt, Insider Shares shall not include any Private Placement Shares and any IPO Shares purchased by Insiders in connection with or subsequent to the Company's IPO.

Insider Shares means all of the shares of Common Stock of the Company owned by an Insider prior to the IPO;

Insider Shares has the meaning set forth in the Recitals.

Insider Shares means all of the Ordinary Shares of the Company acquired by an Insider prior to the IPO and any Ordinary Shares underlying the Private Units; (iv) “IPO Shares” shall mean the Ordinary Shares issued in the Company’s IPO; (v) “Private Units” shall mean (x) the Units purchased in the private placement taking place simultaneously with the consummation of the Company’s IPO and (y) the additional Units that may be purchased in connection with the exercise of the over-allotment option by the underwriters in the IPO as described in the Registration Statement; (vi) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; and (vii) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

Insider Shares means all of the shares of Common Stock of the Company acquired by an Insider prior to the IPO and the purchase of the Private Warrants; (iv) “IPO Shares” shall mean the shares of Common Stock issued in the Company’s IPO; (v) “Private Warrants” shall mean the warrants purchased in the private placement taking place simultaneously with the consummation of the Company’s IPO; (vi) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; and (vii) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

Insider Shares means all of the shares of Common Stock of the Company owned by an Insider prior to the IPO and (iv) "IPO Shares" shall mean the shares of Common Stock issued in the Company's IPO.

Insider Shares means the 1,437,450 shares of Common Stock.