Second Triggering Event
Second Triggering Event. Shall mean the first date during the Sponsor Earnout Period on which the closing price of PubCo Ordinary Shares as reported on Nasdaq (or the exchange on which PubCo Ordinary Shares are then listed) is greater than $14.00 for any twenty (20) trading days within a consecutive thirty-(30)-trading day period (the "Second Share Price Threshold", and together with the First Share Price Threshold, the "Thresholds"). The closing price of PubCo Ordinary Shares for purposes of the Second Share Price...
View More
All Definitions
Found in
Crown PropTech Acquisitions contract