Common use of Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights Clause in Contracts

Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights. 3.4.1 Upon receipt of written notice from New PubCo that a Registration Statement or Prospectus contains a Misstatement, each of the Holders shall forthwith discontinue the offering or disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus correcting the Misstatement (it being understood that New PubCo hereby covenants to prepare and file such supplement or amendment as soon as practicable after the time of such notice), or until it is advised in writing by New PubCo that the use of the Prospectus may be resumed.

Appears in 2 contracts

Samples: Registration Rights Agreement (Nvni Group LTD), Registration Rights Agreement (Mercato Partners Acquisition Corp)

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Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights. 3.4.1 (a) Upon receipt of written notice from New PubCo Pubco that a Registration Statement or Prospectus contains a Misstatement, each of the Holders Investors shall forthwith discontinue the offering or disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus correcting the Misstatement (it being understood that New PubCo Pubco hereby covenants to prepare and file such supplement or amendment as soon as practicable after the time of such notice), or until it is advised in writing by New PubCo Pubco that the use of the Prospectus may be resumed.

Appears in 1 contract

Samples: Registration Rights Agreement (Pinstripes Holdings, Inc.)

Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights. 3.4.1 5.4.1 Upon receipt of written notice from New PubCo Pubco that a Registration Statement or Prospectus contains or includes a Misstatement, each of the Holders shall forthwith discontinue the offering or disposition of Registrable Securities until he, she or it has received copies of a supplemented or amended Registration Statement or Prospectus correcting the Misstatement (it being understood that New PubCo Pubco hereby covenants to prepare and file such supplement or amendment as soon as practicable after the time of such notice), or until he, she or it is advised in writing by New PubCo Pubco that the use of the Registration Statement or Prospectus may be resumed.

Appears in 1 contract

Samples: Investor Rights Agreement (Galata Acquisition Corp.)

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Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights. 3.4.1 3.5.4.1. Upon receipt of written notice from New the PubCo that a Registration Statement or Prospectus contains a Misstatement, each of the Holders shall forthwith discontinue the offering or disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus correcting the Misstatement (it being understood that New the PubCo hereby covenants to prepare and file such supplement or amendment as soon as reasonably practicable after the time of such notice), or until it is advised in writing by New the PubCo that the use of the Prospectus may be resumed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mudrick Capital Acquisition Corp. II)

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