Common use of Placement Units Clause in Contracts

Placement Units. Simultaneously with the Closing, the Sponsor shall purchase from the Company, pursuant to a written purchase agreement an aggregate of 337,000 placement units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Class A Ordinary Shares and the Rights included in the Placement Units (the “Placement Rights”), and the Class A Ordinary Shares underlying the Placement Rights are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. Except as disclosed in the registration statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (ASPAC I Acquisition Corp.)

Placement Units. Simultaneously with the Closing, the Sponsor shall purchase from the Company, pursuant to a written purchase agreement an aggregate of 337,000 450,000 placement units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Class A Ordinary Shares and the Rights included in the Placement Units (the “Placement Rights”), and the Class A Ordinary Shares underlying the Placement Rights are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. Except as disclosed in the registration statement, there There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities. The Representative shall not have any right to receive Placement Units or the underlying securities.

Appears in 1 contract

Sources: Underwriting Agreement (Nocturne Acquisition Corp)

Placement Units. Simultaneously with the Closing, Ucommune Talent Limited (the Sponsor “Sponsor”) shall purchase from the Company, pursuant to a written purchase agreement the Subscription Agreement an aggregate of 337,000 272,250 placement units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”)) . The Placement Units, the Class A Ordinary Shares and the Rights included in the Placement Units (the “Placement Rights”), and the Class A Ordinary Shares underlying the Placement Rights are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. Except as disclosed in the registration statement, there There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (UK Wisdom LTD)

Placement Units. Simultaneously with the Closing, the Sponsor shall purchase from the Company, pursuant to a written purchase agreement an aggregate of 337,000 350,000 placement units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Class A Ordinary Shares and the Rights included in the Placement Units (the “Placement Rights”), and the Class A Ordinary Shares underlying the Placement Rights are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. Except as disclosed in the registration statement, there There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities. The Representative shall not have any right to receive Placement Units or the underlying securities.

Appears in 1 contract

Sources: Underwriting Agreement (Nocturne Acquisition Corp)

Placement Units. Simultaneously with the Closing, the Sponsor shall purchase from the Company, pursuant to a written purchase agreement an aggregate of 337,000 450,000 placement units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Class A Ordinary Shares shares of Common Stock and the Rights included in the Placement Units (the “Placement Rights”), and the Class A Ordinary Shares shares of Common Stock underlying the Placement Rights are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. Except as disclosed in the registration statement, there There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities. The Representative shall not have any right to receive Placement Units or the underlying securities.

Appears in 1 contract

Sources: Underwriting Agreement (Nocturne Acquisition Corp)

Placement Units. Simultaneously with the Closing, Mountain Crest Holdings IV LLC (the Sponsor “Sponsor”) shall purchase from the Company, pursuant to a written purchase agreement an aggregate of 337,000 195,000 placement units (the “Placement Units”) ), at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Class A Ordinary Shares shares of Common Stock and the Rights included in the Placement Units (the “Placement Rights”), and the Class A Ordinary Shares shares of Common Stock underlying the Placement Rights are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering. Except as disclosed in the registration statement, there There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Appears in 1 contract

Sources: Underwriting Agreement (Mountain Crest Acquisition Corp. IV)