SPAC Units. Each SPAC Unit outstanding immediately prior to the Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, one-half (1/2) of one SPAC Warrant, and one (1) SPAC Right in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted in accordance with the applicable terms of this Section 3.4 below.
Appears in 3 contracts
Sources: Merger Agreement (Blue World Holdings LTD), Merger Agreement (Blue World Acquisition Corp), Merger Agreement (Blue World Holdings LTD)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, Share and one-half (1/2) fifth of one a SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted adjusted in accordance with the applicable terms of this Section 3.4 below2.2(e).
Appears in 3 contracts
Sources: Business Combination Agreement (Grab Holdings LTD), Business Combination Agreement (Altimeter Growth Corp.), Business Combination Agreement
SPAC Units. Each SPAC Unit issued and outstanding immediately prior to the SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, Share and one-half (1/2½) of one a SPAC Warrant, and one (1) SPAC Right Public Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted in accordance with the applicable terms of this Section 3.4 1.8 below.
Appears in 2 contracts
Sources: Business Combination Agreement (Launch One Acquisition Corp.), Business Combination Agreement (Launch One Acquisition Corp.)
SPAC Units. Each At the SPAC Merger Effective Time, each SPAC Unit that is outstanding immediately prior to the SPAC Merger Effective Time shall be automatically detached separated and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary ShareCommon Stock, one-half (1/2) of one SPAC Warrant, and one (1) SPAC Right in accordance with the terms of the applicable SPAC Unit, which underlying securities of SPAC Securities shall be converted adjusted in accordance with the applicable terms of this Section 3.4 below2.3(g).
Appears in 2 contracts
Sources: Merger Agreement (RF Acquisition Corp.), Merger Agreement (RF Acquisition Corp.)
SPAC Units. Each SPAC Unit outstanding immediately prior to the SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, Common Stock and one-half (1/2) quarter of one a SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted in accordance with the applicable terms of this Section 3.4 below.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (FAST Acquisition Corp. II), Merger Agreement (FAST Acquisition Corp. II)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall (to the extent not already separated) be automatically detached severed and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, Share and one-half (1/2) of one a SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted treated in accordance with the applicable terms of this Section 3.4 below2.2(f).
Appears in 2 contracts
Sources: Business Combination Agreement (Lanvin Group Holdings LTD), Business Combination Agreement (Primavera Capital Acquisition Corp.)
SPAC Units. Each At the SPAC Merger Effective Time, each SPAC Unit that is outstanding immediately prior to the SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, one-half (1/2) of one SPAC Warrant, Common Stock and one (1) SPAC Right in accordance with the terms of the applicable SPAC Unit, which underlying securities of SPAC Securities shall be converted adjusted in accordance with the applicable terms of this Section 3.4 below2.3(g)(i).
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Pacifico Acquisition Corp.), Merger Agreement (Pacifico Acquisition Corp.)
SPAC Units. Each SPAC Unit outstanding immediately Immediately prior to the SPAC Merger Effective Time Time, every issued and outstanding SPAC Unit shall be automatically detached separated and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, one-half (1/2) of one SPAC Warrant, and one (1) SPAC Right in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted in accordance with the applicable terms of this Section 3.4 below2.09.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (ClimateRock), Merger Agreement (ClimateRock)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, one-half (1/2) of Common Stock and one SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted in accordance with the applicable terms of this Section 3.4 3.6 below.
Appears in 1 contract
Sources: Business Combination Agreement (Integral Acquisition Corp 1)
SPAC Units. Each SPAC Unit outstanding immediately Immediately prior to the Merger Effective Time Time, every issued and outstanding SPAC Unit shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, one-half (1/2) Common Stock and three fourths of one SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which and such underlying SPAC Securities securities shall be converted in accordance with the applicable terms of this Section 3.4 below2.09.
Appears in 1 contract
SPAC Units. Each At the SPAC Merger Effective Time, each SPAC Unit that is outstanding immediately prior to the SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, Common Stock and one-half (1/2) third of one SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying securities of SPAC Securities shall be converted adjusted in accordance with the applicable terms of this Section 3.4 below2.3(g)(i).
Appears in 1 contract
SPAC Units. Each At the SPAC Merger Effective Time, each SPAC Unit that is outstanding immediately prior to the SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, one-half (1/2) of one SPAC Warrant, Common Stock and one (1) SPAC Right in accordance with the terms of the applicable SPAC Unit, which underlying securities of SPAC Securities shall be converted adjusted in accordance with the applicable terms of this Section 3.4 below2.3(f)(i).
Appears in 1 contract
Sources: Business Combination Agreement (Mountain Crest Acquisition Corp. V)
SPAC Units. Each SPAC Unit outstanding immediately prior to the SPAC Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, Common Stock and one-half (1/2) third of one a SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying shares of Class A Common Stock and SPAC Securities Warrants shall be converted adjusted in accordance with the applicable terms of this Section 3.4 below3.01(a).
Appears in 1 contract
SPAC Units. Each At the First Merger Effective Time, each SPAC Unit issued and outstanding immediately prior to the First Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, one-half (1/2) of one SPAC Warrant, and one (1) SPAC Right in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted in accordance with the applicable terms of this Section 3.4 below.Share and
Appears in 1 contract
Sources: Business Combination Agreement (SK Growth Opportunities Corp)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall (to the extent not already separated) be automatically detached severed and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, Share and one-half (1/2) third of one a SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted treated in accordance with the applicable terms of this Section 3.4 below.2.02(f);
Appears in 1 contract
Sources: Business Combination Agreement (APRINOIA Therapeutics Holdings LTD)
SPAC Units. Each At the Effective Time, every issued and outstanding SPAC Unit outstanding immediately prior to the Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, one-half (1/2) of one SPAC Warrant, Common Stock and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted in accordance with the applicable terms of this Section 3.4 2.6 below.
Appears in 1 contract
Sources: Business Combination Agreement (Maxpro Capital Acquisition Corp.)
SPAC Units. Each SPAC Unit outstanding immediately prior to the Initial Merger Effective Time shall be automatically detached and the holder thereof shall be deemed to hold one (1) share of SPAC Class A Ordinary Share, Share and one-half (1/2) of one a SPAC Warrant, and one (1) SPAC Right Warrant in accordance with the terms of the applicable SPAC Unit, which underlying SPAC Securities shall be converted adjusted in accordance with the applicable terms of this Section 3.4 below2.2(f).
Appears in 1 contract
Sources: Business Combination Agreement (Voyager Acquisition Corp./Cayman Islands)