Representative Shares definition

Representative Shares shall have the meaning given in the Recitals hereto.

Representative Shares means the 200,000 shares of Common Stock of the Company issued to the Representative and its designees prior to the consummation of the Company’s initial public offering.

Representative Shares means the 375,000 shares (or 431,250 shares upon full exercise of the underwriters' over-allotment option) of the Company’s Class A common stock issued to the Representative and its designees upon the consummation of the Company’s initial public offering.

Examples of Representative Shares in a sentence

• The Representative has agreed not to transfer, assign or sell any such Representative Shares without prior consent of the Company until the completion of the initial Business Combination.

• Notwithstanding anything to the contrary contained in this Agreement, no Registration shall be effected or permitted and no Registration Statement shall become effective, with respect to any Registrable Securities held by any Holder, until after the expiration of the Founder Shares Lock-up Period, the Private Placement Lock-up Period, or the Representative Shares Lock-up Period, as the case may be.

• Delivery for the Representative Shares shall be made on the Closing Date or Option Closing Date, as applicable.

• On the Closing Date, the Company shall deliver to the Representative, or its designees, book-entry confirmation representing the Representative Shares.

• The certificates for the Representative Shares shall contain legends to reflect the above FINRA and contractual transfer restrictions.

More Definitions of Representative Shares

Representative Shares means the 250,000 shares of InterPrivate Common Stock issued to the designees of EarlyBirdCapital in a private placement in September 2019.

Representative Shares means the 100,000 Class A Shares issued to the Representative or its designee (or 115,000 if the Over-Allotment Option is exercised in full).

Representative Shares means the 300,000 Ordinary Shares to be issued (or 345,000 Ordinary Shares if the over-allotment option is exercised in full) to the representative and/or its designees in connection with this offering.

Representative Shares means the 125,000 ordinary shares issued by Galileo to designees of EBC in August 2019 which, following the Share Dividend, resulted in EBC or its designees owning 150,000 Representative Shares.

Representative Shares means the 1,265,000 shares of Common Stock issued as compensation to the Representative and its designees prior to the consummation of the Company's initial public offering, 300,000 shares of which were transferred to Sponsor on September 27, 2021, an additional 50,000 shares of which were transferred to Sponsor on September 30, 2021, an additional 50,000 shares will be transferred to Sponsor if the over-allotment option is exercised, and 165,000 shares of Common Stock of which are subject to forfeiture if the over-allotment option is not exercised.

Representative Shares means the 75,000 Ordinary Shares (86,250 if the over-allotment option is exercised in full) issued as compensation to the Representative and/or its designees.

Representative Shares means the 57,500 shares of SPAC Common Stock that the SPAC issued to the Representative simultaneously with the closing of the SPAC’s initial public offering;