Common use of Purchase and Sale of the Private Placement Units Clause in Contracts

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 200,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $2,000,000 (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions at least one business day prior to the date of effectiveness of the registration statement on Form S-1 (File No. 333-253867) filed in connection with the Public Offering. On the Closing Date, the Company, shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. (ii) The obligation of the Purchaser to purchase and pay for the Private Placement Units as provided herein shall be subject to the satisfaction of the conditions set forth in Section [•] of the Underwriting Agreement, dated the date hereof, by and between the Company and Cantor Xxxxxxxxxx & Co., as representative of the underwriters named therein (the “Underwriting Agreement”).

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 200,000 250,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $2,000,000 2,500,000 (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions at least one business day prior to the date of effectiveness of the registration statement on Form S-1 (File No. 333-253867253868) filed in connection with the Public Offering. On the Closing Date, the Company, shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. (ii) The obligation of the Purchaser to purchase and pay for the Private Placement Units as provided herein shall be subject to the satisfaction of the conditions set forth in Section [•] 2.21.2 of the Underwriting Agreement, dated the date hereof, by and between the Company and Cantor Xxxxxxxxxx & Co., as representative of the underwriters named therein (the “Underwriting Agreement”).

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 200,000 350,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $2,000,000 3,500,000 (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions at least one business day prior to the date of effectiveness of the registration statement on Form S-1 (File No. 333-253867253868) filed in connection with the Public Offering. On the Closing Date, the Company, shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. (ii) The obligation of the Purchaser to purchase and pay for the Private Placement Units as provided herein shall be subject to the satisfaction of the conditions set forth in Section [•] of the Underwriting Agreement, dated the date hereof, by and between the Company and Cantor Xxxxxxxxxx & Co., as representative of the underwriters named therein (the “Underwriting Agreement”).

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 200,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $2,000,000 (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions at least one business day prior to the date of effectiveness of the registration statement on Form S-1 (File No. 333-253867) filed in connection with the Public Offering. On the Closing Date, the Company, shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. (ii) The obligation of the Purchaser to purchase and pay for the Private Placement Units as provided herein shall be subject to the satisfaction of the conditions set forth in Section [•] 1.4.2 of the Underwriting Agreement, dated the date hereof, by and between the Company and Cantor Xxxxxxxxxx & Co., as representative of the underwriters named therein (the “Underwriting Agreement”).