Common use of Offer to Target Company Shareholders Clause in Contracts

Offer to Target Company Shareholders. The Acquiring Company shall make an offer to all Target Company shareholders for the Target Common Stock held by such persons, not including persons who are not accredited investors or who are otherwise subject to sanctions imposed by the National Association of Securities Dealers, Inc., the Securities and Exchange Commission, or a state securities agency of the nature that would require disclosure an that may preclude, or make more difficult, the listing of the Acquiring Company on a stock exchange following the completion of the Transaction.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Yaak River Resources Inc), Agreement and Plan of Reorganization (Lifeline Therapeutics, Inc.)

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Offer to Target Company Shareholders. The Acquiring Company shall make have made an offer to all Target Company shareholders for the Target Common Stock held by such persons, not including persons who are not accredited investors or who are otherwise subject to sanctions imposed by the National Association of Securities Dealers, Inc., the Securities and Exchange Commission, or a state securities agency of the nature that would require disclosure an that may preclude, or make more difficult, the listing of the Acquiring Company on a stock exchange following the completion of the Transaction.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Lifeline Therapeutics, Inc.), Agreement and Plan of Reorganization (Yaak River Resources Inc)

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