Common use of Nature and Purchase of Shares Clause in Contracts

Nature and Purchase of 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, severally and not jointly, to the Underwriters, an aggregate of 4,540,541 shares (the “Firm Shares”) of the Company’s Common Stock, par value $0.001 per share (the “Common Stock”), and, at the election of the Underwriters, upon the terms and conditions stated herein, up to 681,081 additional shares (the “Additional Shares”) of Common Stock solely to cover over-allotments, if any (the Firm Shares and the Additional Shares that the Underwriters elect to purchase pursuant to Section 1.2(iii) hereof being collectively called the “Shares”).

Nature and Purchase of 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, severally and not jointly, to the Underwriters, an aggregate of 4,540,541 1,110,000 shares (the “Firm Shares”) of the Company’s Class B Common Stock, par value $0.001 per share (the “Class B Common Stock”), and, at the election of the Underwriters, upon the terms and conditions stated herein, up to 681,081 166,500 additional shares (the “Additional Shares”) of Class B Common Stock solely to cover over-allotments, if any (the Firm Shares and the Additional Shares that the Underwriters elect to purchase pursuant to Section 1.2(iii) hereof being collectively called the “Shares”).

Nature and Purchase of 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, severally and not jointly, sell to the UnderwritersUnderwriter, an aggregate of 4,540,541 2,025,000 shares (the “Firm Shares”) of the Company’s Class B Common Stock, par value $0.001 per share (the “Class B Common Stock”), and, at the election of the UnderwritersUnderwriter, upon the terms and conditions stated herein, up to 681,081 303,750 additional shares (the “Additional Shares”) of Class B Common Stock solely to cover over-allotments, if any (the Firm Shares and the Additional Shares that the Underwriters elect Underwriter elects to purchase pursuant to Section 1.2(iii) hereof being collectively called the “Shares”).

Nature and Purchase of 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, severally and not jointly, to the Underwriters, an aggregate of 4,540,541 [●] shares (the “Firm Shares”) of the Company’s Common Stock, par value $0.001 per share (the “Common Stock”), and, at the election of the Underwriters, upon the terms and conditions stated herein, up to 681,081 [●] additional shares (the “Additional Shares”) of Common Stock solely to cover over-allotments, if any (the Firm Shares and the Additional Shares that the Underwriters elect to purchase pursuant to Section 1.2(iii) hereof being collectively called the “Shares”).

Nature and Purchase of 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, severally and not jointly, to the Underwriters, an aggregate of 4,540,541 18,000,000 shares (the “Firm Shares”) of the Company’s Class B Common Stock, par value $0.001 per share (the “Class B Common Stock”), and, at the election of the Underwriters, upon the terms and conditions stated herein, up to 681,081 2,700,000 additional shares (the “Additional Shares”) of Class B Common Stock solely to cover over-allotments, if any (the Firm Shares and the Additional Shares that the Underwriters elect to purchase pursuant to Section 1.2(iii) hereof being collectively called the “Shares”).

Nature and Purchase of 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, severally and not jointly, sell to the UnderwritersUnderwriter, an aggregate of 4,540,541 3,950,000 shares (the “Firm Shares”) of the Company’s Common Stockcommon stock, par value $0.001 0.0001 per share (the “Common Stock”), and, at the election of the UnderwritersUnderwriter, upon the terms and conditions stated herein, up to 681,081 592,500 additional shares (the “Additional Shares”) of Common Stock solely to cover over-allotments, if any (the Firm Shares and the Additional Shares that the Underwriters elect Underwriter elects to purchase pursuant to Section 1.2(iii) hereof being collectively called the “Shares”).