Offered Common Shares definition

Offered Common Shares has the meaning ascribed thereto in the second paragraph of this Agreement;
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Offered Common Shares means the 5,000,000 previously unissued Common Shares offered for sale by the Corporation at the Offering Price as contemplated by the Prospectus;
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Offered Common Shares means the Common Shares offered under this prospectus at a price of $4.30 per Offered Common Share and includes the Over-Allotment Shares.
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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 Agent will not solicit offers to purchase or sell the Offered Common Shares so as to require registration of Common Shares or the filing of a prospectus, registration statement or other similar document with respect thereto under the laws of any jurisdiction other than the Qualifying Province.

  • 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.

  • Purchaser may elect to purchase or may elect not to purchase the Offered Common Shares in each case in its sole and absolute discretion.

  • Securities Offered Common Shares, without par value, issuable upon conversion of the New Notes.

  • 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.

  • In the event the Selling Founder does not consummate the sale or disposition of the Offered Common Shares within the sixty (60) day period from the expiration of these rights, the Investors' first refusal rights and co sale rights shall continue to be applicable to any subsequent disposition of the Offered Common Shares by the Selling Founder until such right lapses in accordance with the terms of this Agreement.

  • It is understood and agreed by the Corporation and the Agent that the Agent shall act as agent only and is under no obligation to purchase any of the Offered Common Shares.

  • The third party transferee(s) shall acquire the Offered Common Shares free and clear of subsequent rights of first refusal and co sale rights under this Agreement.

  • Each such Investor shall have a right of reallotment such that, if any other such Investor fails to exercise the right to purchase its full pro rata share of the Offered Common Shares, the other participating Investors may exercise an additional right to purchase, on a pro rata basis, the Offered Common Shares not previously purchased.


More Definitions of Offered Common Shares

Offered Common Shares has the meaning given to it in the first paragraph of this Agreement;
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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;
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Offered Common Shares shall have the meaning ascribed to such term in the preamble of this Agreement;
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Offered Common Shares has the meaning ascribed to such term on the face page of this Agreement;
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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 sold in the Offering; (iv) “Placement Shares” shall mean the shares of Common Stock sold as part of the Placement Units; (v) “Placement Warrants” shall mean the Warrants to purchase up to an aggregate of 172,500 shares of Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of 690,000 Units of the Company (each Placement Unit consists of one-fourth of one Placement Warrant and one Placement Share) sold in the Private Placement for a purchase price of $6,900,000; (vii) “Trust Account” shall mean the trust account into which net proceeds of the Offering and the Private Placement will be deposited; (viii) “Prospectus” shall mean the prospectus included in the registration statement filed by the Company in connection with the Offering, as supplemented or amended from time to time; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Offering pursuant to which the Company has agreed to sell an aggregate of 690,000 Placement Units to FinTech Investor Holdings VI, LLC (580,000 Placement Units) and Cantor (110,000 Placement Units); (x) “Sponsor” shall mean, collectively, FinTech Investor Holdings VI, LLC, a Delaware limited liability company, and FinTech Masala Advisors VI, LLC, a Delaware limited liability company; (xi) “Insiders” shall mean the Sponsor, any holders of Founder Shares, any person who receives Placement Units, Founder Shares or their respective underlying securities as a Permitted Transferee and each officer and director of the Company; and (xii) references to completion of the Offering shall exclude any exercise of the Underwriters’ over-allotment option.

  • Registered Common Shares means Common Shares that 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;

  • 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 has the meaning set forth in Section 11.2(a).

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

  • 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.

  • 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;

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • Acquired Shares has the meaning set forth in the Recitals.