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

Nature and Purchase of Placement 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, through the several Underwriters, an aggregate of a minimum of 1,600,000 and a maximum of 2,000,000 shares (the “Placement Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), to the investors therein. (ii) The Underwriters, severally and not jointly, agree to exercise their best efforts to arrange for the purchase, on an “minimum/maximum” basis, by the investors from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof at a purchase price of $5.00 per share (the “Purchase Price”). The Placement Shares are to be offered initially to the public at the Purchase Price.

Appears in 2 contracts

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

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Nature and Purchase of Placement 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, through the several UnderwritersUnderwriter, an aggregate of a minimum of 1,600,000 US$6,000,000 and a maximum of 2,000,000 shares US$20,000,000 of Placement Shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share to investors (collectively the “Common StockInvestors), to the investors therein) at a price of $5.00 per Placement Share. (ii) The Underwriters, severally and not jointly, agree Underwriter agrees to exercise their its best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors Investors, from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof equivalent to the Offering Amount at a purchase price of $5.00 per share Placement Share (the “Purchase Price”). The Placement Shares are to be offered initially to the public Investors at the Purchase Price.

Appears in 2 contracts

Samples: Underwriting Agreement (Leaping Group Co., Ltd.), Underwriting Agreement (Leaping Group Co., Ltd.)

Nature and Purchase of Placement 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, through the several UnderwritersUnderwriter, an aggregate of a minimum of 1,600,000 US$[6,000,000] and a maximum of 2,000,000 shares US$[10,000,000] of Placement Shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share to investors (collectively the “Common StockInvestors), to the investors therein) at a price of $[4.00] per Placement Share. (ii) The Underwriters, severally and not jointly, agree Underwriter agrees to exercise their its best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors Investors, from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof equivalent to the Offering Amount at a purchase price of $5.00 [4.00] per share Placement Share (the “Purchase Price”). The Placement Shares are to be offered initially to the public Investors at the Purchase Price.

Appears in 2 contracts

Samples: Underwriting Agreement (HiTek Global Inc.), Underwriting Agreement (HiTek Global Inc.)

Nature and Purchase of Placement 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, through the several UnderwritersUnderwriter, an aggregate of a minimum of 1,600,000 US$10,000,000 and a maximum of 2,000,000 shares US$20,000,000 of Placement Shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share to investors (collectively the “Common StockInvestors), to the investors therein) at a price of $5.00 per Placement Share. (ii) The Underwriters, severally and not jointly, agree Underwriter agrees to exercise their its best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors Investors, from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof equivalent to the Offering Amount at a purchase price of $5.00 per share Placement Share (the “Purchase Price”). The Placement Shares are to be offered initially to the public Investors at the Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (SSLJ. COM LTD)

Nature and Purchase of Placement 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, through the several Underwriters, Underwriter the Placement Shares an aggregate of a minimum of 1,600,000 US$8,000,000 and a maximum of 2,000,000 US$20,000,000 of ordinary shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), to the investors thereintherein (collectively the “Investors”). (ii) The Underwriters, severally and not jointly, Underwriters agree to exercise their best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof equivalent to the Offering Amount at a purchase price of $5.00 per share (the “Purchase Price”). The Placement Shares are to be offered initially to the public at the Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (China Internet Nationwide Financial Services, Inc.)

Nature and Purchase of Placement 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, through the several UnderwritersUnderwriter, an aggregate of a minimum of 1,600,000 1,333,334 and a maximum of 2,000,000 1,777,778 shares (the Placement SharesShares ”) of the Company’s common stock, par value $0.001 per share (the Common StockStock ”), to the investors therein. (ii) The Underwriters, severally and not jointly, agree Underwriter agrees to exercise their its best efforts to arrange for the purchase, on an “minimum/maximum” basis, by the investors from the Company the number of Placement Shares set forth opposite their respective names its name on Schedule 1 attached hereto and made a part hereof at a purchase price of $5.00 4.50 per share (the Purchase PricePrice ”). The Placement Shares are to be offered initially to the public at the Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Shineco, Inc.)

Nature and Purchase of Placement 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, through the several Underwriters, Underwriter the Placement Shares an aggregate of a minimum of 1,600,000 US$20,000,000 and a maximum of 2,000,000 US$30,000,000 of ordinary shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), to the investors thereintherein (collectively the “Investors”). (ii) The Underwriters, severally and not jointly, Underwriters agree to exercise their best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof equivalent to the Offering Amount at a purchase price of $5.00 10.00 per share (the “Purchase Price”). The Placement Shares are to be offered initially to the public at the Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (China Internet Nationwide Financial Services, Inc.)

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Nature and Purchase of Placement 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, through the several UnderwritersUnderwriter, an aggregate of a minimum of 1,600,000 US$16,000,000 and a maximum of 2,000,000 shares US$28,000,000 of Placement Shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share to investors (collectively the “Common StockInvestors”), to the investors therein. (ii) The Underwriters, severally and not jointly, agree Underwriter agrees to exercise their its best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors Investors from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof equivalent to the Offering Amount at a purchase price of US $5.00 _______ per share Placement Share (the “Purchase Price”). The Placement Shares are to be offered initially to the public Investors at the Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (E-Home Household Service Holdings LTD)

Nature and Purchase of Placement 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, through the several UnderwritersUnderwriter, an aggregate of a minimum of 1,600,000 US$8,000,000 and a maximum of 2,000,000 shares US$12,000,000 of Placement Shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share to investors (collectively the “Common StockInvestors”), to the investors therein. (ii) The Underwriters, severally and not jointly, agree Underwriter agrees to exercise their its best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors Investors from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof equivalent to the Offering Amount at a purchase price of US [$5.00 6.00] per share Placement Share (the “Purchase Price”). The Placement Shares are to be offered initially to the public Investors at the Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Puhui Wealth Investment Management Co., Ltd.)

Nature and Purchase of Placement 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, through the several Underwriters, Underwriter the Placement Shares an aggregate of a minimum of 1,600,000 US$5,000,000 and a maximum of 2,000,000 US$15,000,000 of ordinary shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), to the investors thereintherein (collectively the “Investors”). (ii) The Underwriters, severally and not jointly, agree Underwriter agrees to exercise their its best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors Investors from the Company the number of Placement Shares set forth opposite their respective names its name on Schedule 1 attached hereto and made a part hereof at a purchase price of $5.00 per share (the “Purchase Price”). The Placement Shares are to be offered initially to the public at the Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (China Xiangtai Food Co., Ltd.)

Nature and Purchase of Placement 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, through the several Underwriters, Underwriter the Placement Shares an aggregate of a minimum of 1,600,000 US$[10,000,000] and a maximum of 2,000,000 US$[20,000,000] of Class A ordinary shares (the “Placement SharesOffering Amount”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), to the investors thereintherein (collectively the “Investors”). (ii) The Underwriters, severally and not jointly, Underwriter agree to exercise their best efforts to arrange for the purchase, on an a “minimum/maximum” basis, by the investors from the Company the number of Placement Shares set forth opposite their respective names on Schedule 1 attached hereto and made a part hereof equivalent to the Offering Amount at a purchase price of $5.00 [5.00] per Class A ordinary share (the “Purchase Price”). The Placement Shares are to be offered initially to the public at the Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (SSLJ. COM LTD)

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