Offered Common Shares definition

Offered Common Shares has the meaning given to that term in the first paragraph of this Agreement;
Offered Common Shares means the 5,500,000 previously unissued Common Shares offered for sale by the Corporation at the Offering Price and any additional Common Shares issuable upon exercise of the Over-Allotment Option as contemplated by the Prospectus;
Offered Common Shares means the Common Shares offered under this prospectus at a price of $● per Offered Common Share and includes the Over-Allotment Shares.

Examples of Offered Common Shares in a sentence

  • No assurance can be given that the Company will register any of the Offered Shares or that investors will be able to recoup their investment.Risks of Low-Priced Stocks; Possible Effect of "Penny Stock” Rules on Liquidity for the Company's Securities.There is no public market for the Offered Common Shares.

  • The shares of Common Stock issuable upon exercise of the Offered Warrants are hereinafter referred to as the “Offered Warrant Shares.” The Offered Common Shares and the Offered Warrants are hereinafter referred to as the “Securities.” Subject to the provisions of Section 2, below, the Company desires to engage the Placement Agents as its placement agents in connection with such issuance and sale.

  • The Agent shall use its commercially reasonable efforts to obtain subscriptions to purchase the Offered Common Shares and the Over-Allotment Shares.

  • The Agent shall act as agent only and shall be under no obligation to purchase any of the Offered Common Shares.

  • The parties hereto acknowledge that the Underwriters shall not be required to conduct a suitability review in respect of the sale of Offered Common Shares to Purchasers on the President’s List that have settled directly with the Company (“Direct Settlers”).

  • Any of the Offered Common Shares not transferred within such 30-day period will be subject to the provision of this Section 4.14 in the event of a subsequent transaction.

  • The Corporation will use the gross proceeds of the Subscription Receipts, the Offered Common Shares and the Option Shares sold under the Offering to pay the cash fees payable to the Agent under this Agreement, to pay the expenses payable pursuant to Section 11 and to complete the Acquisition, with the balance to be used for general working capital purposes.

  • The Agent shall be under no liability for any failure to sell any or all of the Offered Common Shares or to engage sub-agents.

  • The Company shall have a right of first refusal (the "Company's Right of First Refusal") to purchase, all but not less than all of, the Offered Common Shares at the same price and subject to the same material terms and conditions as described in the Founder Transfer Notice, if the Company gives written notice of the exercise of such right to the Selling Founder and the Investors within thirty (30) days (the "Company's Refusal Period") from the receipt of the Founder Transfer Notice.

  • Each Underwriter acknowledges that the Offered Common Shares have not been and will not be registered under the U.S. Securities Act or applicable state securities laws and the Offered Shares may be offered and sold in the United States only: (a) in transactions exempt from the registration requirements of the U.S. Securities Act and applicable exemptions from state securities laws; and (b) in accordance with the broker-dealer requirements of the U.S. Exchange Act and state securities laws.


More Definitions of Offered Common Shares

Offered Common Shares means Common Shares that may be issued pursuant to a Rights Offering other than Common Shares that may be issued on the conversion or exchange of Convertible Securities issued pursuant to a Rights Offering;
Offered Common Shares means up to 4,000,000 Common Shares offered for sale by the Corporation at a price of $0.10 per Offered Common Share as contemplated by the Prospectus and this Agreement;
Offered Common Shares has the meaning given to it in the first paragraph of this Agreement;
Offered Common Shares has the meaning ascribed to such term on the face page of this Agreement;

Related to Offered Common Shares

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Registered Common Shares means Common Shares which are, as of the date of consummation of a Business Combination, and have continuously been for the 12 months immediately preceding such date, registered under Section 12 of the Exchange Act.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering together with any additional Shares to be issued pursuant to the exercise of the Over-Allotment Option;

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • Common Shares means the common shares in the capital of the Corporation;

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Firm Shares has the meaning given to it in the first paragraph of this Agreement;