Pxxxx Stock. The Company agrees that it will use commercially reasonable efforts to prevent the Company from becoming subject to Rule 419 under the Securities Act prior to the consummation of any Business Combination, including, but not limited to, using its best efforts to prevent any of the Company’s outstanding securities from being deemed to be a “pxxxx stock” as defined in Rule 3a51-1 under the Exchange Act during such period.
Appears in 39 contracts
Samples: Underwriting Agreement (Trailblazer Merger Corp I), Underwriting Agreement (PROTONIQ Acquisition Corp), Underwriting Agreement (Patria Latin American Opportunity Acquisition Corp.)
