Xxxxx Stock definition

Xxxxx Stock. Securities. Upon delivery and payment for the Units as of the Closing Time and any Date of Delivery, the Company will not be subject to Rule 419 under the 1933 Act and none of the Company’s outstanding securities will be deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the 1934 Act.
Xxxxx Stock. Securities. Upon delivery and payment for the Units on the First Closing Date and any Option Closing Dates, the Company will not be subject to Rule 419 under the Securities Act and none of the Company’s outstanding securities will be deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act.
Xxxxx Stock. Regulations May Impose Certain Restrictions On The Marketability of Our Securities.

Examples of Xxxxx Stock in a sentence

  • Although the Company will assist you with the relocation, it is your responsibility to initiate contact and coordinate pertinent aspects of the assignment/relocation with the following individuals and functional teams: Global Mobility Coordinator: Xxxxx Xxxxx Stock Plan Administration: Xxxx Xxxxxxxxxx Payroll: Xxxxx Xxxxxxxxx Once this letter has been signed and returned, the following vendors will be authorized to assist you.

  • Prior to the Distribution Date of the OnSource spin-off, the following holders of unsecured debt owed by Global shall agree to convert the outstanding indebtedness into shares of Global common stock: * Combined Xxxxx Stock Fund, Inc.

  • For all other purposes, in determining the "Common Stock Value" with respect to the Xxxxx Stock, Xxxxx and the Xxxxx Stock shall be deemed substituted for Reading Entertainment and the Common Stock.

  • The Company agrees that it will use its best efforts to prevent the Company from becoming subject to Rule 419 under the Act prior to the consummation of any Business Combination, including but not limited to using its best efforts to prevent any of the Company's outstanding securities from being deemed to be a "Xxxxx Stock" as defined in Rule 3a-51-1 under the Exchange Act during such period.

  • At the Closing, in exchange for each share ------------- of Xxxxx Stock transferred to Xxxxxx, Xxxxxx shall issue and deliver to each Stockholder the number of shares of Xxxxxx Stock set forth opposite their name on Exhibit A hereto.


More Definitions of Xxxxx Stock

Xxxxx Stock. Security As defined in Rule 3a51-1 of the Exchange Act, a "xxxxx stock" security is any equity security other than a security (i) that is a reported security (ii) that is issued by an investment company (iii) that is a put or call issued by the Option Clearing Corporation (iv) that has a price of $5.00 or more (except for purposes of Rule 419 of the Securities Act) (v) that is registered on a national securities exchange (vi) that is authorized for quotation of the Nasdaq Stock Market, unless other provisions of Rule 3a51-1 are not satisfied, or (vii) that is issued by an issuer with (a) net tangible assets in excess of $2,000,000, if in continuous operation for more than three years or $5,000,000 if in operation for less than three years or (b) average revenue of at least $6,000,000 for the last three years. Xxxxxx Mill Associates Xxxxxx Mill Associates, Inc., a private company owned by management of the Company. Xxxxxx Mill Associates provides services for Xxxxxxx & Associates, particularly in regard to locating private companies which may wish to go public, and acts as an initial shareholder in certain companies formed by Xxxxxxx & Associates. Securities Act The Securities Act of 1933, as amended. Small Business Issuer As defined in Rule 12b-2 of the Exchange Act, a "Small Business Issuer" is an entity (i) which has revenues of less than $25,000,000 (ii) whose public float (the outstanding securities not held by affiliates) has a value of less than $25,000,000 (iii) which is a United States or Canadian issuer (iv) which is not an Investment Company and (v) if a majority-owned subsidiary, whose parent corporation is also a small business issuer.
Xxxxx Stock is generally an equity security with a market price of less than $5.00 per share which is not quoted through the Nasdaq system or a national securities exchange in the United States. Due to the risks involved in an investment in xxxxx stocks, United States securities laws and regulations impose certain requirements and limitations on broker/dealers who recommend xxxxx stocks to persons other than their established customers and accredited investors, including making a special written suitability determination for the purchaser, providing purchasers with a disclosure schedule explaining the xxxxx stock market and its risks and obtaining the purchaser's written agreement to the transaction prior to the sale. These requirements may limit the ability of broker/dealers to sell xxxxx stocks. Also, because of these requirements and limitations, many broker/dealers may be unwilling to sell xxxxx stocks at all. In the event the Company's Ordinary Shares become subject to the Commission's rules relating to xxxxx stock, the trading market for the ADSs may be materially adversely affected.
Xxxxx Stock rules may make buying or selling our Common Stock difficult.
Xxxxx Stock has the meaning set forth in the Background Section of this Agreement.
Xxxxx Stock. Regulations. Securities laws require certain disclosures in connection with trades in any stock defined as a "xxxxx stock". Commission regulations generally define a xxxxx stock to be any equity security that has a market price of less than $5.00 per share, subject to certain exceptions. Such exceptions include any equity security listed on NASDAQ. Unless an exception is available, Commission regulations require the broker/dealer to deliver, prior to effecting any transaction involving a xxxxx stock, certain information and disclosures regarding the xxxxx stock market and the risks associated therewith. In addition, applicable Commission regulations provide that unless the transaction involving a xxxxx stock is exempt under the regulations, a broker/dealer cannot effect a transaction in the xxxxx stock unless certain sales practice requirements are met, which include the determination by the broker/dealer that transactions in xxxxx stocks are suitable investments for the prospective purchaser and receipt by the broker/dealer from such person of a written agreement to the transaction. As of the date of this Prospectus, by reason of inclusion on NASDAQ, the Company's securities are exempt from the definition of xxxxx stock. If any of the Company's securities were subsequently to become characterized as a xxxxx stock, the market liquidity for the Company's securities could be severely affected. In such an event, the regulations on xxxxx stocks could limit the ability of broker/dealers to sell the Company's securities and thus the ability of purchasers of the Company's securities in this offering to sell their securities in the secondary market.
Xxxxx Stock means all of the issued and outstanding shares of all Class A and Class B common stock of Xxxxx
Xxxxx Stock. Rules may restrict the market for the Company's shares