Forward Purchase. Subject to the conditions set forth in this Agreement, immediately prior to the Business Combination Closing, the Purchaser shall purchase 7,500,000 Forward Purchase Securities, consisting of 5,000,000 Forward Purchase Shares at a price of $10.00 per Forward Purchase Share, together with an aggregate of 2,500,000 Forward Purchase Warrants (the “Forward Purchase”). The Forward Purchase shall be effectuated, if at all, in one or more private placements of Forward Purchase Securities. The Company and the Purchaser may determine, by mutual agreement, to increase the number of Forward Purchase Securities at any time prior to the Company’s initial Business Combination.
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Sources: Forward Purchase Agreement (First Light Acquisition Group, Inc.)
Forward Purchase. Subject to the conditions set forth in this Agreement, immediately prior to the Business Combination Closing, the Purchaser shall purchase 7,500,000 6,666,666.67 Forward Purchase Securities, consisting of 5,000,000 Forward Purchase Shares at a price of $10.00 per Forward Purchase Share, together with an aggregate of 2,500,000 1,666,666.67 Forward Purchase Warrants (the “Forward Purchase”). The Forward Purchase shall be effectuated, if at all, in one or more private placements of Forward Purchase Securities. The Company and the Purchaser may determine, by mutual agreement, to increase the number of Forward Purchase Securities at any time prior to the Company’s initial Business Combination.
Appears in 1 contract
Sources: Forward Purchase Agreement (First Light Acquisition Group, Inc.)
Forward Purchase. Subject to the conditions set forth in this Agreement, immediately prior to the Business Combination Closing, the Purchaser shall purchase 7,500,000 6,000,000 Forward Purchase Securities, consisting of 5,000,000 4,000,000 Forward Purchase Shares at a price of $10.00 per Forward Purchase Share, together with an aggregate of 2,500,000 2,000,000 Forward Purchase Warrants (the “Forward Purchase”). The Forward Purchase shall be effectuated, if at all, in one or more private placements of Forward Purchase Securities. The Company and the Purchaser may determine, by mutual agreement, to increase the number of Forward Purchase Securities at any time prior to the Company’s initial Business Combination.
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