Founder's Units

Example Definitions of "Founder's Units"
Founder's Units. The 9,775,000 units of the Company (or such lesser number that the Investors may hold if the Underwriter's over-allotment option is not exercised fully, as described in the Company's Registration Statement with respect to its IPO), each consisting of one share of Founder's Shares and one Founder's Warrant, held by the Initial Stockholders prior to the IPO.
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