RESERVATION OF PURCHASED SHARES. The Company shall take all action necessary to at all times have authorized and reserved the amount of Purchased Shares included in the Registration Statement for issuance pursuant to the Agreement. In the event that the Company determines that it does not have a sufficient number of authorized shares of Common Stock to reserve and keep available for issuance as described, the Company shall use all commercially reasonable efforts to increase the number of authorized shares of Common Stock by seeking shareholder approval for the authorization of such additional shares.
Appears in 5 contracts
Samples: Common Stock Purchase Agreement (B2Digital, Inc.), Common Stock Purchase Agreement (Data443 Risk Mitigation, Inc.), Common Stock Purchase Agreement (Datasea Inc.)