Target Offering Amount definition
Examples of Target Offering Amount in a sentence
If the Offering is oversubscribed beyond the Target Offering Amount, the Company will sell Shares on a basis to be determined by the Company’s management.
If the Offering is oversubscribed beyond the Target Offering Amount, the Company may sell Shares on a basis to be determined by the Company’s management.
The Target Offering Amount must be met on or before the Subscription Close Date for funds to be released from the escrow to the Company.
No investor funds shall be released from escrow until the Target Offering Amount is met for the Offering.
At the time of the Closing, the Company shall have received into the escrow account established with the Portal and the escrow agent in cleared funds, and is accepting, subscriptions for Securities having an aggregate investment amount of at least the Target Offering Amount.