Offering Termination Date. The “Offering Period” shall commence on the Effective Date and shall continue until the “Termination Date.” If the Minimum Amount is not sold on or before the Termination Date, all funds shall be returned to the Investors in the Offering. In the event that the Maximum Amount is sold by the Termination Date and the Underwriter exercises the Over-Subscription Option by such date, the Underwriter may extend the Offering for an additional 45 days past the date of exercise of the Over-Subscription Option.
Appears in 3 contracts
Samples: Underwriting Agreement (HiTek Global Inc.), Underwriting Agreement (Puhui Wealth Investment Management Co., Ltd.), Underwriting Agreement (SSLJ. COM LTD)
Offering Termination Date. The “Offering Period” shall commence on the Effective Date and shall continue until the “Termination Date.” If the Minimum Amount is not sold on or before the Termination Date, all funds shall be returned to the Investors in the Offering. In the event that the Maximum Amount is sold by the Termination Date and the Underwriter exercises the Over-Subscription Option by such date, the Underwriter may extend the Offering for an additional 45 days past from the date of exercise of the Over-Subscription Option.
Appears in 1 contract
Samples: Underwriting Agreement (Oranco Inc)