Private Placement Company Units

Private Placement Company Units. Means the 238,000 Company Units purchased by Sponsor in that certain private placement that occurred simultaneously with the consummation of the initial public officer of the Company, with each such purchased unit comprised of one Private Placement Company Share and one Private Placement Company Right.

Private Placement Company Units. Means the 238,000 Company Units sold and issued to Whale Management Corporation (or its designees or affiliates) which Whale Management Corporation (or its designees) privately purchased under an exemption from registration under the Securities Act simultaneously with the consummation of the Company's initial public offering of Company Units.