Common use of No Trading Clause in Contracts

No Trading. Pubco, the Merger Subs and the Company Shareholders each acknowledge and agree that it is aware, and that their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material non-public information of SPAC, will be advised), of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “U.S. Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material non-public information about a publicly traded company. Each of the Company, Pubco and the Company Shareholders hereby agrees that, while it is in possession of such material non-public information, it shall not purchase or sell any securities of SPAC, take any other action with respect to SPAC in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 2 contracts

Samples: Business Combination Agreement (OpSec Holdings), Business Combination Agreement (Investcorp Europe Acquisition Corp I)

AutoNDA by SimpleDocs

No Trading. PubcoThe Company, Pubco and the Merger Subs and the Company Shareholders each acknowledge and agree that it is aware, and that their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material non-public nonpublic information of SPAC, will be advised), ) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq the NYSE promulgated thereunder or otherwise (the “U.S. Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material non-public nonpublic information about a publicly traded company. Each of the The Company, Pubco and the Company Shareholders Merger Subs each hereby agrees agree that, while it is in possession of such material non-public nonpublic information, it shall not purchase or sell any securities of SPAC, communicate such information to any third party, take any other action with respect to SPAC in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 2 contracts

Samples: Business Combination Agreement (Two), Business Combination Agreement (Two)

No Trading. PubcoThe Company, the Merger Subs Pubco and the Company Shareholders each acknowledge and agree that it is aware, and that their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material non-public nonpublic information of SPACPurchaser, will be advised), ) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “U.S. Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material non-public nonpublic information about a publicly traded company. Each of the The Company, Pubco and the Company Shareholders each hereby agrees that, while it is in possession of such material non-public nonpublic information, it shall not purchase or sell any securities of SPACPurchaser, communicate such information to any third party, take any other action with respect to SPAC Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Kismet Acquisition One Corp)

AutoNDA by SimpleDocs

No Trading. PubcoThe Company, the Merger Subs Pubco and the Company Shareholders each acknowledge and agree that it is aware, and that their respective Affiliates are aware (and each of their respective Representatives is aware or, upon receipt of any material non-public information of SPACPurchaser, will be advised), ) of the restrictions imposed by U.S. federal securities laws and the rules and regulations of the SEC and Nasdaq promulgated thereunder or otherwise (the “U.S. Federal Securities Laws”) and other applicable foreign and domestic Laws on a Person possessing material non-public information about a publicly traded company. Each of the The Company, Pubco and the Company Shareholders each hereby agrees that, while it is in possession of such material non-public information, it shall not purchase or sell any securities of SPACPurchaser, communicate such information to any third party, take any other action with respect to SPAC Purchaser in violation of such Laws, or cause or encourage any third party to do any of the foregoing.

Appears in 1 contract

Samples: Business Combination Agreement (Centricus Acquisition Corp.)

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