Common use of No Stabilization Clause in Contracts

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the Representative) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeesaffiliates nor any person acting on its or their behalf (other than the Underwriters, directors or stockholders (without as to whom the consent of the RepresentativeCompany makes no representation) has taken or shall taketaken, directly or indirectly, any action designed to cause or that has constituted or that might reasonably be expected to cause or result inconstitute, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the RepresentativePlacement Agent) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeesAffiliates nor any person acting on its or their behalf (other than the Underwriters, directors or stockholders (without as to whom the consent of the RepresentativeCompany makes no representation) has taken or shall taketaken, directly or indirectly, any action designed to cause or that has constituted or that might reasonably be expected to cause or result inconstitute, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, nor to its knowledge, any of its employeesaffiliates, directors or stockholders (without the consent of the Representative) has taken or shall will take, directly or indirectly, any action designed to or that has constituted or that might could reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, in any stabilization or manipulation of the price of the Securities and neither the Company nor any security of its affiliates has taken or will take, directly or indirectly, any action prohibited by Regulation M under the Exchange Act in connection with the offering of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders shareholders (without the consent of the Representative) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the RepresentativePlacement Agent) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledgethe knowledge of the Company, any of its employees, directors or stockholders (without the consent affiliate of the Representative) Company has taken or shall taketaken, directly or indirectly, any action designed to which is designed, or that has constituted or that might reasonably would be expected expected, to cause or result in, under Regulation M of or which has constituted, the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares or to result in a violation of Regulation M under the Exchange Act.

No Stabilization. Neither the Company norCompany, nor to its knowledge, any of its employeesaffiliates, directors or stockholders (without the consent of the Representative) has taken or shall will take, directly or indirectly, any action designed to or that has constituted or that might could reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, in any stabilization or manipulation of the price of the Securities or the Common Stock and neither the Company nor any security of its affiliates has taken or will take, directly or indirectly, any action prohibited by Regulation M under the Exchange Act in connection with the offering of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeessubsidiaries, directors nor any of their respective directors, officers or stockholders (without the consent of the Representative) controlling persons, has taken or shall taketaken, directly or indirectly, any action that has constituted or is designed to or that has constituted or that might would reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, any stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares, including any stabilization or manipulation of the price of the Shares.

No Stabilization. Neither the Company nornor any director, to officer, agent, employee, affiliate or person acting on its knowledge, any of its employees, directors or stockholders (without the consent of the Representative) has taken or shall behalf will take, directly or indirectly, any action designed to designed, or that has constituted which will constitute or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Offered Securities.

No Stabilization. Neither the Company or any Subsidiary nor, to its the Company’s knowledge, any of its or their employees, directors or stockholders (without the consent of the Representative) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nornor any director, to its knowledgeofficer, any of its employeesagent, directors employee or stockholders (without the consent affiliate of the Representative) Company or person acting on its behalf has taken or shall taketaken, directly or indirectly, any action designed to designed, or that which has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Offered Securities.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeessubsidiaries, directors nor any of their respective directors, officers or stockholders (without the consent of the Representative) controlling persons, has taken or shall taketaken, directly or indirectly, any action that has constituted or is designed to or that has constituted or that might would reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, any stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesCommon Shares, including any stabilization or manipulation of the price of the Common Shares.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the Representative) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesFirm Shares.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeesdirectors, directors officers, subsidiaries or stockholders (without the consent of the Representative) controlling persons has taken or shall will take, directly or indirectly, any action designed to to, or that has constituted or that which might reasonably be expected to cause or result in, or which has constituted, under Regulation M of the Exchange Act, or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares.

No Stabilization. Neither the Company nornor any director, to its knowledgeofficer, any of its employeesagent, directors employee or stockholders (without the consent affiliate of the Representative) has taken Company or shall person acting on its behalf will take, directly or indirectly, any action designed to designed, or that has constituted which will constitute or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Offered Securities.

No Stabilization. Neither the Company nor, to its knowledgethe knowledge of the Company, any of its employees, directors or stockholders (without the consent affiliate of the Representative) Company has taken or shall taketaken, directly or indirectly, any action designed to which is designed, or that has constituted or that might would reasonably be expected expected, to cause or result in, under Regulation M of or which has constituted, the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares or to result in a violation of Regulation M under the Exchange Act.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the Representative) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares.

No Stabilization. Neither the Company nor any Subsidiary nor, to its the Company’s knowledge, any of its employeesdirectors, directors officers, affiliates or stockholders (without the consent of the Representative) controlling persons has taken or shall taketaken, directly or indirectly, any action designed to designed, or that which has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesCommon Stock.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors directors, or stockholders shareholders (without the consent of the RepresentativePlacement Agent) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization stabilization, or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its the Company's knowledge, any of its employeesdirectors, directors officers, or stockholders (without the consent of the Representative) controlling persons has taken or shall will take, directly or indirectly, any action designed to to, or that has constituted or that which might reasonably be expected to cause or result in, or which has constituted, under Regulation M of the Exchange Act, or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the Representative) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesADSs.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the RepresentativeAgent) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesPlacement Shares.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the RepresentativePlacement Agent) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesCommon Stock.

No Stabilization. Neither the Company nor, to its the Company’s knowledge, any of its employeesdirectors, directors officers, or stockholders (without controlling persons or any Person acting on the consent of the Representative) Company’s behalf has taken or shall will take, directly or indirectly, any action designed to to, or that has constituted or that which might reasonably be expected to cause or result in, or which has constituted, under Regulation M of the Exchange Act, or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeesaffiliates, directors or stockholders (without the consent of the Representative) has taken or shall will take, directly or indirectly, any action designed to or that has constituted or that might which could reasonably be expected to (A) cause or result in, under Regulation M of the Exchange Act, or otherwise, in any stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesSecurities or (B) result in a violation of Regulation M under the Exchange Act.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the RepresentativeUnderwriter) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeesofficers or directors has taken, directors or stockholders (without the consent of the Representative) has taken or shall will take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to result in a violation of Regulation M under the Exchange Act or cause or result in, under Regulation M of the Exchange Act, or otherwise, in stabilization or manipulation of the price of any security of the Company Company’s securities to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its the Company’s knowledge, any of its employeesdirectors, directors officers, or stockholders (without the consent of the Representative) controlling persons has taken or shall will take, directly or indirectly, any action designed to to, or that has constituted or that which might reasonably be expected to cause or result in, or which has constituted, under Regulation M of the Exchange Act, or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares.

No Stabilization. Neither the Company norCompany, to its knowledge, nor any of its employeessubsidiaries, directors nor any of their respective directors, officers or stockholders (without the consent of the Representative) controlling persons has taken or shall taketaken, directly or indirectly, any action that has constituted or is designed to or that has constituted or that might would reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesPlacement Shares.

No Stabilization. Neither the Company norCompany, to its knowledge, nor any of its employeesthe subsidiaries, directors nor any of their respective directors, officers or stockholders (without the consent of the Representative) controlling persons has taken or shall taketaken, directly or indirectly, any action designed to designed, or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesPlacement Shares.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors directors, or stockholders (without the consent of the Representative) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization stabilization, or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeesthe Subsidiaries nor any of their respective directors, directors officers, affiliates or stockholders (without the consent of the Representative) controlling persons has taken or shall taketaken, directly or indirectly, any action designed to designed, or that which has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the Representative) has taken or shall taketaken, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Firm Securities.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeessubsidiaries, directors nor any of their respective directors, officers or stockholders (without the consent of the Representative) has taken or shall controlling persons, will take, directly or indirectly, any action designed to or that has constituted or that might would reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, any stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesStock, including any stabilization or manipulation of the price of the Stock.

No Stabilization. Neither the Company nor, to its knowledgeCompany, any of its employeessubsidiaries, directors nor any director, officer, agent, employee, affiliate or stockholders (without the consent of the Representative) has taken or shall person acting on their behalf will take, directly or indirectly, any action designed to designed, or that has constituted which will constitute or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, 1934 Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company Company, nor any Subsidiary, nor, to its knowledgethe knowledge of the Company, any of its employeestheir respective directors, directors officers or stockholders (without the consent of the Representative) controlling persons has taken or shall will take, directly or indirectly, any action designed to designed, or that has constituted or that might reasonably be expected to would cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesStock.

No Stabilization. Neither the Company nor, to its knowledgethe knowledge of the Company, any of its employees, directors or stockholders (without the consent affiliate of the Representative) Company has taken or shall taketaken, directly or indirectly, any action designed to which is designed, or that has constituted or that might reasonably would be expected expected, to cause or result in, under Regulation M of or which has constituted, the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares or Warrants or to result in a violation of Regulation M under the Exchange Act.

No Stabilization. Neither the Company nor, to its knowledgeCompany, any of its employeesthe Controlled Entities, directors nor any director, officer, agent, employee, affiliate or stockholders (without the consent of the Representative) has taken or shall person acting on their behalf will take, directly or indirectly, any action designed to designed, or that has constituted which will constitute or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, 1934 Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public Securities.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the RepresentativePlacement Agent) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesCommon Shares.

No Stabilization. Neither the Company Company, nor any of its Subsidiaries, nor, to its knowledgethe knowledge of the Company, any of its employeesrespective directors, directors officers or stockholders (without the consent of the Representative) controlling persons has taken or shall taketaken, directly or indirectly, any action designed to designed, or that has constituted or that might would reasonably be expected to cause or result in, under Regulation M of the Exchange Act, Act or otherwise, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesPlacement Shares.

No Stabilization. Neither the Company nor, to its knowledge, any of its employees, directors or stockholders (without the consent of the RepresentativePlacement Agents) has taken or shall take, directly or indirectly, any action designed to or that has constituted or that might reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesShares.

No Stabilization. Neither the Company nor, to its knowledge, nor any of its employeesaffiliates, directors or stockholders (without the consent of the Representative) has taken or shall will take, directly or indirectly, any action designed to or that has constituted or that might which could reasonably be expected to cause or result in, under Regulation M of the Exchange Act, or otherwise, in any stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of the Public SecuritiesSecurities or to result in a violation of Regulation M under the Exchange Act.