Working Capital. Upon consummation of the Offering, approximately $1,400,000 ($1,507,000 if the Over-Allotment Option is exercised in full) of the net proceeds from the sale of the Private Placement Securities shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 3 contracts
Sources: Underwriting Agreement (GigCapital8 Corp.), Underwriting Agreement (GigCapital8 Corp.), Underwriting Agreement (GigCapital8 Corp.)
Working Capital. Upon consummation of the Offering, approximately at least $1,400,000 ($1,507,000 if the Over-Allotment Option is exercised in full) 1,200,000 of the net proceeds from the sale of the Private Units and Placement Securities shall be released to the Company, which together with Units (or $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 1,080,000 if the Over-Allotment allotment Option is exercised in full) will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the CompanyCompany as described in the Prospectus.
Appears in 3 contracts
Sources: Underwriting Agreement (IB Acquisition Corp.), Underwriting Agreement (IB Acquisition Corp.), Underwriting Agreement (IB Acquisition Corp.)
Working Capital. Upon consummation of the Offering, approximately $1,400,000 (1,705,000 of the net proceeds from the sale of the Firm Units and Private Units, and up to an additional $1,507,000 500,000 of the net proceeds from the sale of the Option Units and additional Private Units if the Over-Allotment Option is exercised in full) of the net proceeds from the sale of the Private Placement Securities , shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 3 contracts
Sources: Underwriting Agreement (GigCapital2, Inc.), Underwriting Agreement (GigCapital2, Inc.), Underwriting Agreement (GigCapital2, Inc.)
Working Capital. Upon consummation of the Offering, it is intended that approximately $1,400,000 ($1,507,000 if the Over-Allotment Option is exercised in full) 2,610,000 of the net proceeds from the sale of the Firm Units, the Option Units, if any, and Private Placement Securities shall Units will be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 3 contracts
Sources: Underwriting Agreement (Western Acquisition Ventures Corp.), Underwriting Agreement (Western Acquisition Ventures Corp.), Underwriting Agreement (Western Acquisition Ventures Corp.)
Working Capital. Upon consummation of the Offering, approximately $1,400,000 ($1,507,000 1,934,790 of the net proceeds from the sale of the Firm Units and Private Units, or, if the Over-Allotment Option is exercised in full) , $1,790,000 of the net proceeds from the sale of the Option Units and Private Placement Securities Units, shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 2 contracts
Sources: Underwriting Agreement (GigCapital3, Inc.), Underwriting Agreement (GigCapital3, Inc.)
Working Capital. Upon consummation of the Offering, approximately $1,400,000 ($1,507,000 2,075,000 of the net proceeds from the sale of the Firm Units and Private Units, or, if the Over-Allotment Option is exercised in full) , $1,625,000 of the net proceeds from the sale of the Option Units and Private Placement Securities Units, shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 2 contracts
Sources: Underwriting Agreement (GigInternational1, Inc.), Underwriting Agreement (GigInternational1, Inc.)
Working Capital. Upon consummation of the Offering, approximately $1,400,000 ($1,507,000 2,500,000 of the net proceeds from the sale of the Firm Units and Private Units, or, if the Over-Allotment Option is exercised in full) , $2,440,000 of the net proceeds from the sale of the Option Units and Private Placement Securities Units, shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 2 contracts
Sources: Underwriting Agreement (GigCapital3, Inc.), Underwriting Agreement (GigCapital3, Inc.)
Working Capital. Upon consummation of the Offering, approximately $1,400,000 ($1,507,000 830,000 of the net proceeds from the sale of the Firm Units and Private Units, or, if the Over-Allotment Option is exercised in full) , $530,000 of the net proceeds from the sale of the Option Units and Private Placement Securities Units, shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 2 contracts
Sources: Underwriting Agreement (GigCapital5, Inc.), Underwriting Agreement (GigCapital5, Inc.)
Working Capital. Upon consummation of the Offering, it is intended that approximately $1,400,000 1,000,000 of the proceeds from the sale of the Firm Units and Private Warrants (or $1,507,000 400,000 if the Over-Allotment Option is exercised in full) of the net proceeds from the sale of the Private Placement Securities shall will be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 2 contracts
Sources: Underwriting Agreement (LIV Capital Acquisition Corp. II), Underwriting Agreement (LIV Capital Acquisition Corp. II)
Working Capital. Upon consummation of the Offering, approximately $1,400,000 ($1,507,000 3,045,000 of the net proceeds from the sale of the Firm Units and Private Units, or, if the Over-Allotment Option is exercised in full) , $3,257,500 of the net proceeds from the sale of the Option Units and Private Placement Securities Units, shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 2 contracts
Sources: Underwriting Agreement (GigCapital6, Inc.), Underwriting Agreement (GigCapital5, Inc.)
Working Capital. Upon consummation of the Offering, approximately $1,400,000 (700,000, plus up to an additional $1,507,000 350,000 if the Over-Allotment Option is exercised in full) extended period and such additional amount are approved by the public shareholders of the Company (the “Working Capital”), of the net proceeds from the sale of the Private Placement Securities shall will be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 1 contract
Sources: Underwriting Agreement (Hambrecht Asia Acquisition Corp.)
Working Capital. Upon consummation of the Offering, approximately $1,400,000 ($1,507,000 2,850,000 of the net proceeds from the sale of the Firm Units and Private Units, or, if the Over-Allotment Option is exercised in full) , $2,765,000 of the net proceeds from the sale of the Option Units and Private Placement Securities Units, shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 1 contract
Working Capital. Upon consummation of the Offering, approximately $1,400,000 ($1,507,000 2,180,000 of the net proceeds from the sale of the Firm Units and Private Units, or, if the Over-Allotment Option is exercised in full) , $2,030,000 of the net proceeds from the sale of the Option Units and Private Placement Securities Units, shall be released to the Company, which together with $25,000 paid to the Company by the Sponsor for the purchase of Founder Shares, shall result in a total of $1,425,000 ($1,532,000 if the Over-Allotment Option is exercised in full) to fund the working capital requirements of the Company.
Appears in 1 contract