FILINGS; REGISTRATION STATEMENT Sample Clauses

FILINGS; REGISTRATION STATEMENT. (a) Acquiror, SkyNet and the Principal Shareholders shall, as promptly as practicable, make any required filing, and any other required submissions, under any law, statute, order rule or regulation with respect to the Merger and the related transactions and shall cooperate with each other with respect to the foregoing. (b) As promptly as possible following the completion of the Audited Financial Statements, Acquiror shall prepare and file with the Securities and Exchange Commission, a registration statement for the purposes of registering the reoffer and redistribution of shares of Common Stock with the Securities and Exchange Commission under the Act, and shall, by virtue of such undertaking, become a "reporting company" under the Securities Exchange Act of 1934. The shares of Acquiror's Common Stock to be included for public reoffer and redistribution as part of the registration statement shall include the shares sold in the Private Offering identified at Section 5.12 hereafter, the shares previously issued by Acquiror as part of the private placement transaction identified at Section 5.3(b)(iv) hereafter, as well as 150,000 shares issued to the Principal Shareholders hereunder which the Principal Shareholders are entitled to sell under Section 5.11 hereafter within the first year following the Closing.