Certain Class B Common Stock of Generation Asia I Acquisition Limited are subject to a Lock-Up Agreement Ending on 18-JUL-2022. These Class B Common Stock will be under lockup for 180 days starting from 19-JAN-2022 to 18-JUL-2022.
Details:
The sponsor and directors and officers have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, without the prior written consent of Nomura Securities International, Inc. for a period of 180 days from the date of this prospectus, any units, warrants, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares; provided, however, that the company may issue and sell the private placement warrants issue and sell the additional units to cover the underwriterÆs over-allotment option (if any); register with the SEC pursuant to an agreement to be entered into concurrently with the issuance and sale of the securities in this offering, the resale of the private placement warrants and the Class A ordinary shares issuable upon exercise of the warrants and the founder shares; and issue securities in connection with the initial business combination, subject to certain exceptions.