Common use of Gun-Jumping Clause in Contracts

Gun-Jumping. The Seller acknowledges that the Company’s intended public offering is strictly confidential. Seller understands and acknowledges that Seller is prohibited under the Securities Act from disclosing or posting on social media anything relating to the public offering until it is consummated, and that any such violation of the “gun-jumping” prohibitions under the Securities Act exposes the Buyer, Company, and Seller to penalties by the Commission.

Appears in 6 contracts

Samples: Membership Interest Purchase Agreement (La Rosa Holdings Corp.), Membership Interest Purchase Agreement (La Rosa Holdings Corp.), Stock Purchase Agreement (La Rosa Holdings Corp.)

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