Warrant Issuance. As soon as reasonably practicable following the consummation of the Business Combination, the Quotaholders shall cause Borrower to deliver or procure delivery to Lender, warrants to subscribe for up to a number of ordinary shares of the Listed Entity equal to the Coverage Amount at a subscription price of $11.50 per ordinary share. The warrants will be exercisable within 48 months of the consummation of the Business Combination and will not contain any anti-dilution rights.
Appears in 3 contracts
Sources: Bridge Financing Agreement (Terra Innovatum s.r.l.), Bridge Financing Agreement (Terra Innovatum s.r.l.), Bridge Financing Agreement (Terra Innovatum s.r.l.)