Additional Shares or Options. The Company hereby agrees that until the consummation of a Business Combination, it shall not issue any Ordinary Shares or any options or other securities convertible into Class A Ordinary Shares, or any preferred shares or other securities of the Company which participate in any manner in the Trust Account or which vote as a class with the Ordinary Shares on a Business Combination, other than Class A Ordinary Shares issued upon conversion of the Insider Shares in accordance with the Charter Documents (provided that such shares shall not have any redemption rights or be entitled to liquidating distributions from the Trust Account).
Appears in 6 contracts
Sources: Underwriting Agreement (Yorkville Acquisition Corp.), Underwriting Agreement (Yorkville Acquisition Corp.), Underwriting Agreement (Copley Acquisition Corp)