Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of the Closing (after giving effect to the Acquiror Shareholder Redemption, the receipt of the PIPE Investment Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).
Appears in 2 contracts
Sources: Merger Agreement (Supernova Partners Acquisition Co II, Ltd.), Merger Agreement (Supernova Partners Acquisition Co II, Ltd.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of immediately following the Closing (after giving effect to the exercise by the holders of Acquiror Shareholder RedemptionCommon Stock of their right to redeem their Acquiror Common Stock into their pro rata share of the Trust Account in accordance with Acquiror certificate of incorporation, the receipt of the PIPE Investment Amount, and the other transactions contemplated hereby to occur on upon the Closing DateClosing, including the payment of the Acquiror Expenses and Company Transaction Expenses).
Appears in 2 contracts
Sources: Merger Agreement (Experience Investment Corp.), Merger Agreement (Acamar Partners Acquisition Corp.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of the Closing (after giving effect to redemption of any shares of Acquiror Common Stock pursuant to the Acquiror Shareholder Redemption, the Offer and after Acquiror’s receipt of the PIPE Investment Amount, and proceeds under the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses)Subscription Agreements.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Sable Offshore Corp.), Merger Agreement (Flame Acquisition Corp.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon in the consummation of Trust Account after the Closing (and after giving effect to the Acquiror Shareholder Redemption, the receipt of the PIPE Investment Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the aggregate amount of cash that will be required to satisfy the redemption of any shares of Acquiror Expenses and Company Expenses)Common Stock pursuant to the Redemption Offer.
Appears in 1 contract
Sources: Merger Agreement (Osprey Technology Acquisition Corp.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of the Closing (after giving effect to the Acquiror Shareholder Stockholder Redemption, the receipt of the PIPE Investment Amount and the Forward Purchase Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).
Appears in 1 contract
Sources: Merger Agreement (Supernova Partners Acquisition Company, Inc.)
Net Tangible Assets. Acquiror shall have at least $5,000,001 of net tangible assets (either immediately prior to or upon the Closing Date, as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining upon the consummation of the Closing (after giving effect to the Acquiror Shareholder Redemption, the receipt of the PIPE Investment Amount, and the other transactions contemplated to occur on the Closing Date, including the payment of the Acquiror Expenses and Company Expenses).
Appears in 1 contract