Common use of Foreign Private Issuer Status Clause in Contracts

Foreign Private Issuer Status. The Company shall promptly notify the Representative if the Company ceases to be a “foreign private issuer” within the meaning of Rule 405 under the Securities Act and Rule 3b-4 under the Exchange Act at any time prior to the later of (i) completion of the distribution of the Public Securities and (ii) fifteen (15) days following the completion of the Lock-Up Period.

Foreign Private Issuer Status. The Company shall promptly notify the Representative if the Company ceases to be a “foreign private issuer” within the meaning of Rule 405 under the Securities Act and Act, Rule 3b-4 under the Exchange Act or Nasdaq Listing Rule 5005(a)(19) at any time prior to the later of (i) completion of the distribution of the Public Securities Shares and (ii) fifteen (15) days following the completion of the Lock-Up Period.