Common use of Nature and Purchase of Firm Shares Clause in Contracts

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Shares”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 per Firm Share (or 92.00% of the offering price of $4.00 per Firm Share. The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 2 contracts

Samples: Underwriting Agreement (Nyiax, Inc.), Underwriting Agreement (Nyiax, Inc.)

AutoNDA by SimpleDocs

Nature and Purchase of Firm Shares. (iA) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, Underwriters an aggregate of 1,875,000 2,500,000 shares (“Firm Shares”) of the Company’s Company common stock, par value $0.0001 0.001 per share (the “Common Shares”). (iiB) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 (the “Purchase Price”) per Firm Share (or 92.0092% of the public offering price of $4.00 per Firm Share). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 2(a)(B) hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Bionik Laboratories Corp.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 shares 453,333 (the “Firm Shares”) of the Company’s common stock, par value $0.0001 0.02 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a the purchase price of $3.68 6.975 per Firm Share (or 92.0093% of the per Firm Share offering price of $4.00 per price) with respect to each Firm Share. The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 2.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Document Security Systems Inc)

Nature and Purchase of Firm Shares. (i) (On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 5,813,950 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 0.0002 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 0.3999 per share (93% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Heat Biologics, Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 2,062,500 shares (“Firm Shares”) of the Company’s common stockordinary shares, par value $0.0001 per share (the “Common Ordinary Shares”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.72 per Firm Share (or 92.0093% of the offering price of $4.00 per Firm ShareShare public offering price). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Hongli Group Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 6,250,000 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.70 per share (92.5% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (EzFill Holdings Inc)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 6,250,000 shares (the “Firm Shares”) of the Company’s Class A common stock, par value $0.0001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.72 per share (93.0% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Marpai, Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 2,562,500 shares (“Firm Shares”) of the Company’s common stock, $0.0001 par value $0.0001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.72 per share (93% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Nano Nuclear Energy Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 4,000,000 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 0.001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.70 per share (92.5% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Red Cat Holdings, Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several UnderwritersUnderwriter, an aggregate of 1,875,000 4,300,000 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 0.000001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree Underwriter agrees to purchase from the Company ____ of the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 4.00 per Firm Share (or 92.00share, which represents 100% of the per share offering price and _____ of the Firm Shares at a purchase price $4.00 3.68, which represents 92% of the per Firm Shareshare offering price. The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Invizyne Technologies Inc)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 2,412,369 shares (“Firm Shares”) of the Company’s common stockordinary shares, no par value $0.0001 per share (the “Common Ordinary Shares”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.72 per share (93% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (CytoMed Therapeutics LTD)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 12,900,000 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 0.001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.255 per Firm Share share (or 92.0093% of the offering price of $4.00 per Firm ShareShares offering price). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (New Age Beverages Corp)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 3,125,000 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 4.464 per share ([93]% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Catasys, Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 shares 1,369,863 (the “Firm Shares”) of the Company’s common stock, par value $0.0001 0.001 per share (the “ Common Stock Common Shares”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a the purchase price of $3.68 6.716 per Firm Share (or 92.0092% of the per Firm Share offering price of $4.00 per price) with respect to each Firm Share. The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 2.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Nanoviricides, Inc.)

AutoNDA by SimpleDocs

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 shares 11,200,000 (the “Firm Shares”) of the Company’s common stock, par value $0.0001 0.002 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a the purchase price of $3.68 0.46 per Firm Share (or 92.0092% of the per Firm Share offering price of $4.00 per price) with respect to each Firm Share. The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 2.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Document Security Systems Inc)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 1,335,000 shares (“Firm Shares”) of the Company’s Class A common stock, par value $0.0001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 2.775 per share (92.5% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice, except as otherwise indicated on Schedule 3 hereto). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Alliance Entertainment Holding Corp)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 10,000,000 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common SharesStock”). (ii) . The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 0.465 per share (93% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice, except as otherwise indicated on Schedule 3 hereto). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Virios Therapeutics, Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 4,188,405 shares (the “Firm Shares”) of the Company’s common stock, par value $0.0001 0.00001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 0.555 per Firm Share (or 92.0092.5% of the offering price of $4.00 per Firm ShareShare offering price). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Staffing 360 Solutions, Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 3,200,000 shares (“Firm Shares”) of the Company’s common stock, $0.01 par value $0.0001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.72 per share (93% of the per Firm Share (or 92.00% of the offering price of $4.00 per Firm Shareprice). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Sacks Parente Golf, Inc.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 shares 606,395, (the “Firm Shares”) of the Company’s common stock, par value $0.0001 0.01 per share (the “ Common Stock Common Shares”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a the purchase price of $3.68 8.4351 per Firm Share (or 92.0093% of the per Firm Share offering price of $4.00 per price) with respect to each Firm Share. The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 2.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Cel Sci Corp)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 shares 1,400,000, (the “Firm Shares”) of the Company’s 's common stock, par value $0.0001 0.01 per share (the “Common Shares”Stock). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a the purchase price of $3.68 21.0366 per Firm Share (or 92.0093% of the per Firm Share offering price of $4.00 per price) with respect to each Firm Share. The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 2.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Cel Sci Corp)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 5,647,059 shares (“Firm Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $3.68 3.91 per Firm Share (or 92.0092% of the offering price of $4.00 per Firm ShareShare public offering price). The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (ComSovereign Holding Corp.)

Nature and Purchase of Firm Shares. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, an aggregate of 1,875,000 shares 1,028,800 (the “Firm Shares”) of the Company’s common stock, par value $0.0001 0.02 per share (the “Common SharesStock”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of Firm Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a the purchase price of $3.68 5.8125 per Firm Share (or 92.0093% of the per Firm Share offering price of $4.00 per price) with respect to each Firm Share. The Firm Shares are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2.1.1 2.1 hereof).

Appears in 1 contract

Samples: Underwriting Agreement (Document Security Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!