Underwriter Option definition

Underwriter Option means the options issued by Chardan to its underwriters as a portion of the consideration paid to them in connection with Chardan’s initial public offering, each Underwriter Option giving the holder the right to purchase for $8.80 a unit of Chardan’s securities consisting of one Chardan ordinary share and a warrant to purchase an additional Chardan ordinary share for $5.00.
Underwriter Option means an Option exercisable for $0.01 on or before 30 June 2019 and otherwise on the terms and conditions set out in Schedule A;

Examples of Underwriter Option in a sentence

  • Only the Underwriter (or its nominees) may accept the Underwriter Option Offer.

  • In connection with the public offering and the exercise of the Underwriter Option, the Company paid commissions and other expenses of $384 and issued 215,352 Placement agent warrants priced at $1.8125 and expiring on February 17, 2026.

  • Upon exercise of the Underwriter Option with respect to all or any portion of the Option Shares, subject to the terms and conditions set forth herein, (i) the Company shall become obligated to sell to the Underwriters the number of Option Shares specified in such notice and (ii) each of the Underwriters, acting severally and not jointly, shall purchase that portion of the total number of Option Shares then being purchased as set forth in Schedule 1 opposite the name of such Underwriter.

  • The Underwriter Option granted pursuant to Section 1.2.1 hereof may be exercised by the Representative as to all (at any time) or any part (from time to time) of the Option Shares within forty-five (45) days after the Effective Date (as defined below).

  • On February 22, 2021, the underwriter exercised the Underwriter Option in full and received 3,076,461 common shares for gross proceeds to the Company of $4,461.

  • The Underwriters shall not be under any obligation to purchase any Option Shares prior to the exercise of the Underwriter Option.

  • For any Subsequent Closing, the corresponding Underwriter Option Closing shall have occurred.

  • A personalised application form in relation to the Underwriter Option Offer will be issued to the Underwriter (or its nominees) together with a copy of this Prospectus.

  • Chardan shall exercise a DAL Warrant upon the exercise of a corresponding Chardan Warrant or Underwriter Option, using the same type of consideration as used to exercise the Chardan Warrant or Underwriter Option (i.e. cash or cashless exercise).

  • The Underwriter Option was not exercised and has expired.In the second quarter of fiscal 2022, we were granted full forgiveness of the promissory note (the “Note”) we entered into with Silicon Valley Bank (the “Lender”) in May 2020 pursuant to the Paycheck Protection Program (the “PPP”) under the Coronavirus Aid and Economic Security Act (the “CARES Act”) administered by the U.S. Small Business Administration (“SBA”).


More Definitions of Underwriter Option

Underwriter Option. An additional [ ] ordinary shares (granted by selling shareholders)
Underwriter Option shall have the meaning set forth in Section 9.2(a) of the Agreement.
Underwriter Option means that certain option granted by the Borrower in August 1995 to the underwriter of its common stock to purchase an aggregate of 96,000 units, with each unit consisting of one (1) share of common stock of the Borrower and one (1) warrant for one (1) share of the Borrower's common stock.

Related to Underwriter Option

  • Underwriters' Securities means the Offered Securities other than Contract Securities.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • IPO Underwriter means each Person named as an underwriter in Schedule I to the IPO Underwriting Agreement who purchases Common Units pursuant thereto.

  • Option Securities shall have the meaning ascribed to such term in Section 2.2(a).

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

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Piggyback Shares has the meaning ascribed to such term in Section 2.3(a)(iii).

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

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Underwriter means a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s market-making activities.

  • Underwriters means the underwriters named in Schedule A to the Underwriting Agreement.

  • Underwriters’ Maximum Number means, for any Piggyback Registration, Demand Registration or other registration which is an underwritten registration, that number of securities to which such registration should, in the opinion of the managing underwriters of such registration in the light of marketing factors, be limited.

  • Company Underwriter has the meaning set forth in Section 4(a).

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Underwriter Group shall have the meaning set forth in Section 9.2(b).

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

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

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Underwritten Offering Notice has the meaning set forth in Section 2(b).

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.