Common use of No Market Stabilization or Manipulation Clause in Contracts

No Market Stabilization or Manipulation. The Company has not taken and will not take, directly or indirectly, any action designed to or which might reasonably be expected to cause or result in, or which has constituted, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Securities. The Company acknowledges that the Underwriters may engage in passive market making transactions in the Securities on the Nasdaq Capital Market in accordance with Regulation M under the Exchange Act.

Appears in 4 contracts

Samples: Underwriting Agreement (Phunware, Inc.), Underwriting Agreement (Rekor Systems, Inc.), Underwriting Agreement (HyreCar Inc.)

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