Nasdaq Approval definition

Nasdaq Approval means approval of the transactions contemplated by the Stock Purchase Agreement by the shareholders of the Corporation pursuant to NASDAQ Rule 4460(i)(D).

Nasdaq Approval has the meaning ascribed to it in Section 6.3(j).

Nasdaq Approval means that NASDAQ has confirmed or acknowledged to the sole satisfaction of Buyer, that the closing of this Agreement and the Other Asset Purchase Agreements will not violate or conflict with the continued listing requirements or corporate governance policies of NASDAQ to maintain the listing of Parent common stock or otherwise jeopardize the continued listing of the Parent common stock.

Examples of Nasdaq Approval in a sentence

• Except for NASDAQ Approval, no further approval or authorization of any stockholder, the Board of Directors or others is required for the issuance and sale of the Securities.

• The Company shall inform Purchaser as soon as is practicable upon the receipt of the NASDAQ Approval and any related communication from the NASDAQ.

• The Company has the requisite power and authority to enter into and perform its obligations under this Agreement and the other Transaction Documents and, subject to NASDAQ Approval (as such term is hereinafter defined), which shall be obtained as soon as possible following the Closing Date, to issue the Securities in accordance with the terms hereof and thereof.

• The Company agrees that it will inform the Subscriber of any requirements of NASDAQ for NASDAQ Approval of the Offering and the Subscriber shall, within twenty-four hours of such notification have the right to request a return of such Subscriber’s subscription.

• The Company shall submit any written request for the NASDAQ Approval and any and all materials supporting the request for the NASDAQ Approval to Purchaser for review and comment prior to submitting such materials to NASDAQ, and all such materials shall be approved by Purchaser prior to submission (such approval not to be unreasonably withheld or delayed).

More Definitions of Nasdaq Approval

Nasdaq Approval means the approval by the NASDAQ of the Company’s additional listing applications with regard to the issuance of the Securities.

Nasdaq Approval has the meaning set forth in Section 7.2(c).

Nasdaq Approval has the meaning ascribed to it in the 2018 Investment Agreement.

Nasdaq Approval means approval from Nasdaq for the continued listing of the Acquirer Common Stock (including the shares of Acquirer Common Stock comprising the Merger Consideration) on Nasdaq following the consummation of the Merger and the other Transactions (subject to official notice of issuance).

Nasdaq Approval means approval of the transactions contemplated by the Stock Purchase Agreement by the shareholders of the Company pursuant to NASDAQ Rule 4460(i)(D).

Nasdaq Approval means the approval by the NASDAQ of the Company’s additional listing applications with regard to the issuance of the Securities. “Per Share Purchase Price” equals $0.80, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

Nasdaq Approval means the date in which the Company receives approval from Nasdaq to issue all of the securities and the underlying shares of Common Stock contemplated by this Amendment. Zoltek shall use its best efforts to obtain the Nasdaq Approval as promptly as possible. To the extent Nasdaq requires Zoltek to obtain the consent of its shareholders, Zoltek hereby agrees that the provisions of Section 5(b)(iii) of the April I Notes shall apply and are hereby incorporated into this Amendment.