Initial Private Placement definition
Examples of Initial Private Placement in a sentence
The closing of the purchase and sale of the Initial Private Placement Units shall take place substantially simultaneously with the closing of the IPO (the “Initial Closing Date”).
On the Initial Closing Date, the Company shall, subject to receipt of funds pursuant to the immediately prior sentence, at its option, deliver to the Subscriber the certificates representing the Initial Private Placement Units purchased by the Subscriber or effect such delivery in book-entry form.
The closing of the purchase and sale of each of the Initial Private Placement Warrants and the Additional Private Placement Warrants shall take place at the offices of ▇▇▇▇, Weiss, Rifkind, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇, or such other place as may be agreed upon by the parties hereto.
The Partnership may not incur or be responsible for any fee or expense (in connection with the Initial Private Placement, any Public Offering or otherwise) that would be duplicative of fees and expenses paid by the General Partner.
On the IPO Closing Date, subject to the receipt of funds pursuant to the immediately prior sentence, the Company, at its option, shall deliver a certificate evidencing the Initial Private Placement Warrants purchased on such date duly registered in the Purchaser’s name to the Purchaser or effect such delivery in book-entry form.