18B.01
The following definitions apply:
“connected person” | the definition of a “connected person” in rule 14A.07, with respect to a SPAC, is modified to include a SPAC Promoter, a SPAC Director and an associate of these parties |
“core connected person” | the definition of a “core connected person” in rule 1.01, with respect to a SPAC, is modified to include a SPAC Promoter, a SPAC Director and a close associate of any of these parties |
“De-SPAC Target” | the target of a De-SPAC Transaction |
“De-SPAC Transaction” | an acquisition of, or a business combination with, a De-SPAC Target by a SPAC that results in the listing of a Successor Company |
“Institutional Professional Investors” | persons falling under paragraphs (a) to (i) of the definition of “professional investor” in section 1 of Part 1 of Schedule 1 to the SFO |
“Non-Institutional Professional Investors” | persons falling under paragraph (j) of the definition of “professional investor” in section 1 of Part 1 of Schedule 1 to the SFO |
“Professional Investor” | an Institutional Professional Investor or a Non-Institutional Professional Investor |
“Promoter Share” | a share of a separate class to SPAC Shares issued by a SPAC exclusively to a SPAC Promoter at nominal consideration |
“Promoter Warrant” | a warrant of a separate class to SPAC Warrants issued by a SPAC exclusively to a SPAC Promoter |
“SPAC Director” | a director of a SPAC |
“SPAC Share” | a share of a SPAC that is not a Promoter Share |
“SPAC Warrant” | a warrant issued by a SPAC that is not a Promoter Warrant |
“Successor Company” | the listed issuer resulting from the completion of a De-SPAC Transaction |
“warrants” | have the same meaning as defined in rule 15.01 and for the avoidance of doubt, include SPAC Warrants and Promoter Warrants |