Common use of Exchange Cap Clause in Contracts

Exchange Cap. The Company shall not issue Common Stock to the Purchaser pursuant to the terms of this Agreement in an amount in excess of the aggregate number of shares of Common Stock which the Company may issue under the Agreement without breaching the Company’s obligations under the rules or regulations of the Nasdaq Capital Market

Appears in 4 contracts

Samples: Securities Purchase Agreement (Shineco, Inc.), Securities Purchase Agreement (Shineco, Inc.), Securities Purchase Agreement (Shineco, Inc.)

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Exchange Cap. The Company shall not issue Common Stock to the Purchaser pursuant to the terms of this Agreement in an amount in excess of the aggregate number of shares of Common Stock which the Company may issue under the Agreement without breaching the Company’s obligations under the rules or regulations of the Nasdaq Capital MarketMarket (the number of shares which may be issued without violating such rules and regulations, the “Exchange Cap”). For the avoidance of doubt, the maximum number of shares of Common Stock that may be issued is 1,804,302.

Appears in 1 contract

Samples: Securities Purchase Agreement (Shineco, Inc.)

Exchange Cap. The Company shall not issue Common Stock to the Purchaser pursuant to the terms of this Agreement in an amount in excess of the aggregate number of shares of Common Stock which the Company may issue under the Agreement without breaching the Company’s obligations under the rules or regulations of the Commission and the Nasdaq Capital Market.

Appears in 1 contract

Samples: Securities Purchase Agreement (Shineco, Inc.)

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Exchange Cap. The Company shall not issue Common Stock to the Purchaser pursuant to the terms of this Agreement in an amount in excess of the aggregate number of shares of Common Stock which the Company may issue under the Agreement without breaching the Company’s obligations under the rules or regulations of the Nasdaq Capital MarketMarket (the number of shares which may be issued without violating such rules and regulations, the “Exchange Cap”). For the avoidance of doubt, the maximum number of shares of Common Stock that may be issued is 1,973,826.

Appears in 1 contract

Samples: Securities Purchase Agreement (Shineco, Inc.)

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