Volume Threshold. In connection with an Advance Notice where the Company selects an Option 1 Pricing Period, if the total number of Ordinary Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Shares on the Principal Market during such Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 5 contracts
Samples: Standby Equity Purchase Agreement (Next.e.GO N.V.), Standby Equity Purchase Agreement (Next.e.GO N.V.), Standby Equity Purchase Agreement (Next.e.GO N.V.)
Volume Threshold. In connection with an Advance Notice where the Company selects an Option 1 Pricing Period, if the total number of Ordinary Common Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Common Shares on the Principal Market during such Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Common Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 5 contracts
Samples: Standby Equity Purchase Agreement (Lytus Technologies Holdings PTV. Ltd.), Standby Equity Purchase Agreement (FibroBiologics, Inc.), Standby Equity Purchase Agreement (Armlogi Holding Corp.)
Volume Threshold. In connection with an Advance Notice where the Company selects an Option 1 Pricing PeriodNotice, if the total number of Ordinary Common Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Common Shares on the Principal Market during such Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Common Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 4 contracts
Samples: Standby Equity Purchase Agreement (Envirotech Vehicles, Inc.), Standby Equity Purchase Agreement (Applied Digital Corp.), Standby Equity Purchase Agreement (Brand Engagement Network Inc.)
Volume Threshold. In connection with an Advance Notice where the Company selects selected an Option 1 Pricing Period, if the total number of Ordinary Common Shares traded on the Principal Market during the applicable Option 1 Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Company’s Common Shares on the Principal Market during such the Option 1 Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Common Shares sold by the Investor during such Option 1 Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 2 contracts
Samples: Standby Equity Purchase Agreement (10X Capital Venture Acquisition Corp. III), Standby Equity Purchase Agreement (10X Capital Venture Acquisition Corp. II)
Volume Threshold. In connection with an With respect to each Advance Notice where the Company selects selecting an Option 1 Pricing Period, if the total number of Ordinary Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Shares on the Principal Market during such Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 2 contracts
Samples: Standby Equity Purchase Agreement (Lilium N.V.), Standby Equity Purchase Agreement (Lilium N.V.)
Volume Threshold. In connection with an Advance Notice where the Company selects an Option 1 Pricing PeriodNotice, if the total number of Ordinary Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 3020% of the trading volume of the Company’s Ordinary Shares on the Principal Market during such the Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 2 contracts
Samples: Standby Equity Purchase Agreement (Energem Corp), Standby Equity Purchase Agreement (Energem Corp)
Volume Threshold. In connection with an Advance Notice where the Company selects with an Option 1 Pricing Period, if the total number of Ordinary Common Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (ai) 30% of the trading volume of the Ordinary Common Shares on the Principal Market during such the Option 1 Pricing Period as reported by Bloomberg L.P., or (bii) the number of Ordinary Common Shares sold by the Investor during such Option 1 Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (MSP Recovery, Inc.)
Volume Threshold. In connection with an Advance Notice where the Company selects selected an Option 1 Pricing Period, if the total number of Ordinary Shares traded on the Principal Market during the applicable Option 1 Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Company’s Ordinary Shares on the Principal Market during such the Option 1 Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Shares sold by the Investor during such Option 1 Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (IG Acquisition Corp.)
Volume Threshold. In connection with an Advance Notice where the Company selects selections an Option 1 Pricing Period, if the total number of Ordinary Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Shares on the Principal Market during such Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (X3 Holdings Co., Ltd.)
Volume Threshold. In connection with an Advance Notice where the Company selects an Option 1 Pricing Period, if the total number of Ordinary Common Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Common Shares on the Principal Market during such Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Common Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested (or deemed requested due to adjustments in accordance with the terms of this Agreement, including with respect to the Exchange Cap) in the Advance Notice.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (Atlantic Coastal Acquisition Corp. II)
Volume Threshold. In connection with an Advance Notice where the Company selects with an Option 1 2 Pricing Period, if the total number of Ordinary Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Company’s Ordinary Shares on the Principal Market during such the Option 2 Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Shares sold by the Investor during such Option 2 Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 1 contract
Volume Threshold. In connection with an Advance Notice where the Company selects (other than in connection with an Investor Notice) selecting an Option 1 Pricing Period, if the total number of Ordinary Common Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Company’s Common Shares on the Principal Market during such the Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Common Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.. 1 Calculate prior to Execution
Appears in 1 contract
Samples: Reciprocal Standby Equity Purchase Agreement (Lionheart III Corp)
Volume Threshold. In connection with an Advance Notice where the Company selects selections an Option 1 Pricing Period, if the total number of Ordinary Common Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Common Shares on the Principal Market during such Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Common Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.
Appears in 1 contract
Samples: Standby Equity Purchase Agreement (Banzai International, Inc.)
Volume Threshold. In connection with an Advance Notice where the Company selects (other than in connection with an Investor Notice) selecting an Option 1 Pricing Period, if the total number of Ordinary Common Shares traded on the Principal Market during the applicable Pricing Period is less than the Volume Threshold, then the number of Advance Shares issued and sold pursuant to such Advance Notice shall be reduced to the greater of (a) 30% of the trading volume of the Ordinary Company’s Common Shares on the Principal Market during such the Pricing Period as reported by Bloomberg L.P., or (b) the number of Ordinary Common Shares sold by the Investor during such Pricing Period, but in each case not to exceed the amount requested in the Advance Notice.. 3 Calculate prior to Execution
Appears in 1 contract
Samples: Reciprocal Standby Equity Purchase Agreement (SMX (Security Matters) Public LTD Co)