Founder Shares Definition Example with 6 Variations
This page contains an example definition of Founder Shares, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Founder Shares. The 5,750,00 of the Company's Class B ordinary shares, par value $0.001 per share, initially issued to the Sponsor (up to 750,000 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised by the Underwriters) for an aggregate purchase price of $25,000, or $0.005 per share, prior to the consummation of the Public Offering
Found in
Biotech Acquisition Co contract
Variations
Founder Shares. The 5,750,00 the 5,031,250 of the Company's Class B ordinary shares, par value $0.001 per share, initially issued to the Sponsor (up to 750,000 656,250 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised by the Underwriters) for an aggregate purchase price of $25,000, or $0.005 per share, prior to the consummation of the Public Offering
Found in
ITHAX Acquisition Corp. contract
Founder Shares. The 5,750,00 the 6,037,500 of the Company's Class B ordinary shares, par value $0.001 per share, share (after giving effect to a dividend of approximately .20 shares for each Class B ordinary share outstanding), initially issued to the Sponsor (up to 750,000 787,500 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised by the Underwriters) for an aggregate purchase price of $25,000, or $0.005 per share, prior to the...
View More
Found in
ITHAX Acquisition Corp. contract
Founder Shares. The 5,750,00 the 2,875,00 of the Company's Class B ordinary shares, Ordinary Shares, par value $0.001 per share, initially issued to the Sponsor (up to 750,000 375,000 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised by the Underwriters) for an aggregate purchase price of $25,000, or $0.005 $0.01 per share, prior to the consummation of the Public Offering
Found in
CHW Acquisition Corp contract
Founder Shares. The 5,750,00 the 3,162,500 of the Company's Class B ordinary shares, Ordinary Shares, par value $0.001 per share, initially issued to the Sponsor (up to 750,000 412,500 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised by the Underwriters) for an aggregate purchase price of $25,000, or $0.005 $0.01 per share, prior to the consummation of the Public Offering
Found in
CHW Acquisition Corp contract
Founder Shares. The 5,750,00 the 8,050,000 of the Company's Class B ordinary shares, par value $0.001 $0.0001 per share, initially issued to the Sponsor (up to 750,000 1,050,000 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised by the Underwriters) for an aggregate purchase price of $25,000, or $0.005 $0.003 per share, prior to the consummation of the Public Offering
Founder Shares. The 5,750,00 the 7,187,500 of the Company's Class B ordinary shares, par value $0.001 $0.0001 per share, initially issued to the Sponsor (up to 750,000 937,500 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment option is not exercised by the Underwriters) for an aggregate purchase price of $25,000, or $0.005 $0.003 per share, prior to the consummation of the Public Offering
Found in
PowerUp Acquisition Corp. contract