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 Underwriters an aggregate of 2,500,000 of the Company’s authorized and unissued ordinary shares, par value $0.0000625 per share (the “Ordinary Shares”). The Ordinary Shares sold to the Underwriters by the Company are collectively referred to as the “Firm Shares” herein. (ii) The Firm Shares are to be offered to the public at the offering price per Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 part hereof at the purchase price of $4.185 per Firm Share (93% of the Purchase Price).

Appears in 3 contracts

Samples: Underwriting Agreement (Majestic Ideal Holdings LTD), Underwriting Agreement (Majestic Ideal Holdings LTD), Underwriting Agreement (Majestic Ideal Holdings LTD)

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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 Underwriters an aggregate of 2,500,000 2,150,000 of the Company’s authorized and unissued Class A ordinary shares, par value $0.0000625 0.00001 per share (the “Ordinary Shares”). The Ordinary Shares sold to the Underwriters by the Company are collectively referred to as the “Firm Shares” herein. (ii) The Firm Shares are to be offered to the public at the offering price per Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 part hereof at the purchase price of $4.185 3.72 per Firm Share (93% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (Star Fashion Culture Holdings 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 in the Underwriters an aggregate 1,500,000 shares of 2,500,000 common stock of the Company’s authorized and unissued ordinary shares, par value $0.0000625 0.00001 per share (the “Ordinary SharesCommon Stock”). The Ordinary Shares sold , and each Underwriter agrees to purchase, severally and not jointly, at the Underwriters by the Company are collectively referred to as Closing, an aggregate of 1,500,000 shares (the “Firm Shares” herein”) of the Common Stock. (ii) The Firm Shares are to be offered together to the public at the offering price per one Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 the purchase price for one Firm Share of $4.185 per Firm Share 4.65 (or 93% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (MGO Global 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 Underwriters an aggregate of 2,500,000 1,875,000 of the Company’s authorized and unissued ordinary shares, par value $0.0000625 per share 0.00001 (the “Ordinary Shares”). The Ordinary Shares sold to the Underwriters by the Company are collectively referred to as the “Firm Shares” herein. (ii) The Firm Shares are to be offered to the public at the offering price per Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 part hereof at the purchase price of $4.185 3.72 per Firm Share (93% of the Purchase Price). .

Appears in 1 contract

Samples: Underwriting Agreement (Intelligent Group 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 sell in the aggregate 2,625,000 common shares of the Company, par value $0.000001 per share, and sell each Underwriter agrees to purchase, severally and not jointly, at the Underwriters Closing, the following securities of the Company an aggregate of 2,500,000 2,625,000 shares (“Firm Shares”) of the Company’s authorized and unissued ordinary common shares, par value $0.0000625 per share (the “Ordinary Shares”). The Ordinary Shares sold to the Underwriters by the Company are collectively referred to as the “Firm Shares” herein. (ii) The Firm Shares are to be offered together to the public at the offering price per one Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 the purchase price for one Firm Share of $4.185 per Firm Share 3.68 (93% or 92%] of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (YayYo, 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 Underwriters an aggregate of 2,500,000 2,600,000 of the Company’s authorized and unissued Class A ordinary shares, par value $0.0000625 0.00001 per share (the “Ordinary Shares”). The Ordinary Shares sold to the Underwriters by the Company are collectively referred to as the “Firm Shares” herein. (ii) The Firm Shares are to be offered to the public at the offering price per Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 part hereof at the purchase price of $4.185 ____ per Firm Share (93% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (Star Fashion Culture Holdings 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 Underwriters an aggregate of 2,500,000 of the Company’s authorized and unissued Class A ordinary shares, par value $0.0000625 0.00001 per share (the “Ordinary Shares”). The Ordinary Shares sold to the Underwriters by the Company are collectively referred to as the “Firm Shares” herein. (ii) The Firm Shares are to be offered to the public at the offering price per Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 part hereof at the purchase price of $4.185 ____ per Firm Share (93% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (Star Fashion Culture Holdings 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 in the Underwriters an aggregate 4,200,000 shares of 2,500,000 common stock of the Company’s authorized and unissued ordinary shares, par value $0.0000625 0.0001 per share (the “Ordinary SharesCommon Stock”). The Ordinary Shares sold , and each Underwriter agrees to purchase, severally and not jointly, at the Underwriters by the Company are collectively referred to as the Closing, an aggregate of 4,200,000 shares (“Firm Shares” herein”) of the Common Stock. (ii) The Firm Shares are to be offered together to the public at the offering price per one Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 the purchase price for one Firm Share of $4.185 per Firm Share 2.73 (93or 91% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (MOVING iMAGE TECHNOLOGIES INC.)

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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 sell in the aggregate 2,000,000 common shares of the Company, par value $0.0001 per share, and sell each Underwriter agrees to purchase, severally and not jointly, at the Underwriters Closing, the following securities of the Company an aggregate of 2,500,000 2,000,000 shares (“Firm Shares”) of the Company’s authorized and unissued ordinary common shares, par value $0.0000625 per share (the “Ordinary Shares”). The Ordinary Shares sold to the Underwriters by the Company are collectively referred to as the “Firm Shares” herein. (ii) The Firm Shares are to be offered together to the public at the offering price per one Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 the purchase price for one Firm Share of $4.185 per Firm Share 4.90 (93or 93.5% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (CLPS 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 in the Underwriters an aggregate 1,176,500 shares of 2,500,000 of the Company’s authorized and unissued ordinary sharesCompany common stock, par value $0.0000625 0.001 per share (the “Ordinary SharesCommon Stock”). The Ordinary Shares sold , and each Underwriter agrees to purchase, severally and not jointly, at the Underwriters by the Company are collectively referred to as Closing, an aggregate of 1,176,500 shares of Common Stock (the “Firm Shares” herein”). (ii) The Firm Shares are to be offered together to the public at the offering price per one Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 the purchase price for one Firm Share of $4.185 per Firm Share 15.81 (or 93% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (Ideal Power 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 Underwriters an aggregate of 2,500,000 2,000,000 of the Company’s authorized and unissued ordinary shares, par value $0.0000625 per share 0.00001 (the “Ordinary Shares”). The Ordinary Shares sold to the Underwriters by the Company are collectively referred to as the “Firm Shares” herein. (ii) The Firm Shares are to be offered to the public at the offering price per Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 part hereof at the purchase price of $4.185 4.65 per Firm Share (93% of the Purchase Price). .

Appears in 1 contract

Samples: Underwriting Agreement (Intelligent Group 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 in the Underwriters an aggregate 1,200,000 shares of 2,500,000 Class A common stock of the Company’s authorized and unissued ordinary shares, par value $0.0000625 0.001 per share (the “Ordinary SharesCommon Stock”). The Ordinary Shares sold , and each Underwriter agrees to purchase, severally and not jointly, at the Underwriters by the Company are collectively referred to as the Closing, an aggregate of 1,200,000 shares (“Firm Shares” herein”) of the Common Stock. (ii) The Firm Shares are to be offered together to the public at the offering price per one Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 the purchase price for one Firm Share of $4.185 per Firm Share 3.68 (93or 92% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (CaliberCos 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 in the Underwriters an aggregate 1,500,000 shares of 2,500,000 Class B Common Stock of the Company’s authorized and unissued ordinary shares, par value $0.0000625 0.0001 per share (the “Ordinary SharesCommon Stock”). The Ordinary Shares sold , and each Underwriter agrees to purchase, severally and not jointly, at the Underwriters by the Company are collectively referred to as the Closing, an aggregate of 1,500,000 shares (“Firm Shares” herein”) of the Common Stock. (ii) The Firm Shares are to be offered together to the public at the offering price per one Firm Share as set forth on Schedule 2-A hereto (the “Purchase Price”). The Underwriters, several 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 the purchase price for one Firm Share of $4.185 per Firm Share 4.65 (or 93% of the Purchase Price).

Appears in 1 contract

Samples: Underwriting Agreement (Asset Entities Inc.)

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