Examples of Maximum Offering Size in a sentence
In the event that the IPO Follow-on Underwritten Offering is conducted pursuant to Section 2.02(a)(iii), the Company shall file with the SEC a registration statement on Form S-1 registering a number of shares of Class A Common Stock sufficient to permit the sale of all shares requested to be included in such offering permitted to be transferred pursuant to Section 2.02(a)(i) up to the Maximum Offering Size as soon as possible following a Change in Tax Law Determination.
In connection with a Change in Tax Law Determination, any Transfer of Registrable Securities pursuant to this Section 2.02(a) must be made by means of an Underwritten Public Offering, and the Company shall include in any such registration the number of shares of Class A Common Stock up to the Maximum Offering Size in accordance with the priority established in Section 3.05(a).
If the securities requested to be registered pursuant to the preceding clauses (1), (2), and (3) exceed the Maximum Offering Size, then the number of securities to be sold by each HM Fund, each BD Fund, and each of the Tangs shall be allocated among such selling security holders on a pro rata basis (based on the number of shares of Common Stock held by each such selling security holder and its Affiliates).
Maximum Offering Size The maximum Offering size is 18,500,000 Equity Shares including the Overallotment Option described below.
The “Pro Rata” amount shall be equal to the product obtained by multiplying (x) the amount of such Legal Expenses, by (y) 1 minus the quotient of the aggregate offering price of Shares previously sold, divided by the Maximum Offering Size.