Examples of Public Share in a sentence
On the Closing Date, the Company shall cause to be deposited $3,050,000 of proceeds from the Unit Private Placement into the Trust Account, or such other amount such that the amount of the funds in the Trust Account shall be $10.10 per Public Share sold in the Offering.
On the Option Closing Date, if any, the Company shall cause to be deposited an amount of additional proceeds from the additional Placement Units sold on the Option Closing Date into the Trust Account such that the amount of funds in the Trust Account shall be $10.10 per Public Share sold in the Offering.
For each $0.001 reduction (rounded up to the nearest $0.001) from a $0.01 monthly cash Contribution amount per Public Share, the number of Assigned Securities shall be increased by an additional 0.00375 Founder Shares for every Public Share not redeemed that is in excess of the Target Non-Redeemed Public Shares Amount.