Common use of Type of Offering Clause in Contracts

Type of Offering. Registration Statement filed on Form SB-2 filed under the Securities Act of 1933, as amended (the "Act"). The offering shall terminate upon the earlier to occur of (1) the sale of all of the Shares offered; (2) written notice given by the Issuer terminating the Offering, which notice may be given at any time; or (3) 150 days after the effective date of the Registration Statement unless extended an additional 30 days by the Issuer (the "Termination Date"). The offering will be considered a blank check offering in accordance with Rule 419 of the Act.

Appears in 5 contracts

Samples: Escrow Agreement (Norcan Ventures Inc), Escrow Agreement (New Tech Ventures Inc), Escrow Agreement (Northtech Ventures Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.