Examples of Resale Shares in a sentence
In addition, it is our opinion that the Resale Shares have been duly authorized and are duly and validly issued, fully paid and non-assessable.
The Resale Shares have been duly authorized and validly issued and are fully paid and non-assessable.
Initial offers and sales of the Resale Shares will be made only in Exempt Resales by FBR to investors that FBR reasonably believes to be Eligible Purchasers and who have delivered to the Company and FBR a fully completed and executed purchaser’s letter substantially in the form of Annex I or II, as applicable, to the Preliminary Memorandum or Final Memorandum.
Of the Resale Shares, (i) 961,942 shares of Common Stock were issued by the Company pursuant to that certain Agreement and Plan of Merger dated as of February 9, 1998 (the "Merger Agreement") with InfuSystems II, Inc.
In addition, it is our opinion that the Resale Shares have been duly authorized and are duly and validly issued, fully paid and non-assessable Shares of the Company.
The Resale Shares being proposed for the Resale by the Selling Shareholder have been validly issued, fully paid, and non-assessable in accordance with the Resolutions 2.
The Registration Statement relates to registration of the proposed issuance and sale by the Company of (a) up to 5,000,000 shares of the Company's common stock par value $0.0001 per share in a public offering ("Public Offering Shares") and (b) up to an aggregate of 19,437,236 shares of the Company's common stock par value $0.0001 per share for resale from time to time by certain selling stockholders ("Resale Shares", and, together with the Public Offering Shares, the "Registered Shares").
Each unit consisted of one share of our common stock and a warrant to purchase 0.74 shares of our common stock at an exercise price of $2.00 per share, for an aggregate of 8,141,116 shares of common stock and corresponding warrants to purchase an aggregate of 6,024,425 shares of common stock, together the shares of common stock are referred to as the 2017 Resale Shares.
We also granted certain registration rights to these stockholders, pursuant to which, among other things, we prepared and filed a registration statement with the SEC to register for resale the 2017 Resale Shares.
You have informed us that the Selling Shareholders may sell the Resale Shares from time to time on a delayed or continuous basis.