Listing Compliance. The Company is in compliance with the requirements of The Nasdaq Capital Market for continued quotation of the Common Stock thereon. The Company has taken no action designed to, or likely to have the effect of, terminating the registration of the Common Stock under the Exchange Act or the quotation of the Common Stock on The Nasdaq Capital Market, nor has the Company received any notification that the Commission or The Nasdaq Capital Market is contemplating terminating such registration or quotation. The transactions contemplated by this Agreement will not contravene the rules and regulations of The Nasdaq Capital Market. The Company will use commercially reasonable efforts to continue the listing and trading of its Common Stock on The Nasdaq Capital Market and to comply in all material respects with the Company’s reporting, filing and other obligations under the rules of The Nasdaq Capital Market. The Company covenants to file the appropriate additional listing application with The Nasdaq Capital Market within three business days of the First Closing Date in order that the Purchased Shares be duly authorized for quotation on The Nasdaq Capital Market.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Babyuniverse, Inc.), Stock Purchase Agreement (Babyuniverse, Inc.)
Listing Compliance. The Company is in compliance with the requirements of The Nasdaq Capital Market for continued quotation of the Common Stock thereon. The Company has taken no action designed to, or likely to have the effect of, terminating the registration of the Common Stock under the Exchange Act or the quotation of the Common Stock on The Nasdaq Capital Market, nor has the Company received any notification that the Commission or The Nasdaq Capital Market is contemplating terminating such registration or quotation. The transactions contemplated by this Agreement will not contravene the rules and regulations of The Nasdaq Capital Market. The Company will use commercially reasonable efforts to continue the listing and trading of its Common Stock on The Nasdaq Capital Market and to comply in all material respects with the Company’s reporting, filing and other obligations under the rules of The Nasdaq Capital Market. The Company covenants to file the appropriate additional listing application with The Nasdaq Capital Market within three business days of the First Closing Date Date, in order that the Purchased Conversion Shares, the Warrant Shares and the Condition Shares be duly authorized for quotation on The Nasdaq Capital Market.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Babyuniverse, Inc.), Securities Purchase Agreement (Babyuniverse, Inc.)
