Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 222 contracts
Sources: Securities Purchase Agreement (Netlist Inc), Securities Purchase Agreement (Netlist Inc), Securities Purchase Agreement (Palatin Technologies Inc)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest principal amount outstanding of the SharesDebentures.
Appears in 82 contracts
Sources: Securities Purchase Agreement (SRAX, Inc.), Securities Purchase Agreement (Spiral Toys Inc.), Securities Purchase Agreement (Adaptive Medias, Inc.)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 82 contracts
Sources: Securities Purchase Agreement (David P. Perry 2015 Trust), Securities Purchase Agreement (Better Therapeutics, Inc.), Securities Purchase Agreement (Intuitive Machines, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 69 contracts
Sources: Securities Purchase Agreement (PSQ Holdings, Inc.), Securities Purchase Agreement (MAIA Biotechnology, Inc.), Securities Purchase Agreement (Society Pass Incorporated.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest principal amount outstanding of the SharesDebentures.
Appears in 53 contracts
Sources: Securities Purchase Agreement (Legend Oil & Gas, Ltd.), Securities Purchase Agreement (RiceBran Technologies), Securities Purchase Agreement (Legend Oil & Gas, Ltd.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Pre-Funded Warrants other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 30 contracts
Sources: Securities Purchase Agreement (Cemtrex Inc), Securities Purchase Agreement (Lm Funding America, Inc.), Securities Purchase Agreement (Lexaria Bioscience Corp.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, provided that no consent shall be required in the event the Company undertakes a reverse stock split for purposes of maintaining the listing of the Common Stock on the Trading Market.
Appears in 25 contracts
Sources: Securities Purchase Agreement (Aptevo Therapeutics Inc.), Securities Purchase Agreement (Aptevo Therapeutics Inc.), Securities Purchase Agreement (Citius Pharmaceuticals, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares, unless a reverse split is required to maintain compliance with the minimum bid price requirements of the Trading Market.
Appears in 24 contracts
Sources: Securities Purchase Agreement (Wisekey International Holding S.A.), Securities Purchase Agreement (Wisekey International Holding S.A.), Securities Purchase Agreement (Wisekey International Holding S.A.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a stock split that is required, in the good faith judgment of the Board of Directors, to maintain the listing of the Common Stock on the current Trading Market.
Appears in 23 contracts
Sources: Securities Purchase Agreement (Kaival Brands Innovations Group, Inc.), Securities Purchase Agreement (Kaival Brands Innovations Group, Inc.), Securities Purchase Agreement (Kaival Brands Innovations Group, Inc.)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Sharesshares of Preferred Stock.
Appears in 20 contracts
Sources: Securities Purchase Agreement (NovaBay Pharmaceuticals, Inc.), Securities Purchase Agreement (Bridgeline Digital, Inc.), Securities Purchase Agreement (Ecoark Holdings, Inc.)
Capital Changes. Until the one year six-month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 19 contracts
Sources: Securities Purchase Agreement (U.S. Gold Corp.), Securities Purchase Agreement (U.S. Gold Corp.), Securities Purchase Agreement (Tanzanian Gold Corp)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 19 contracts
Sources: Securities Purchase Agreement (Bluejay Diagnostics, Inc.), Securities Purchase Agreement (Bluejay Diagnostics, Inc.), Securities Purchase Agreement (Bolt Projects Holdings, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 18 contracts
Sources: Securities Purchase Agreement (GRI Bio, Inc.), Securities Purchase Agreement (Scienture Holdings, Inc.), Securities Purchase Agreement (Longeveron Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Prefunded Warrants, other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 16 contracts
Sources: Securities Purchase Agreement (AIM ImmunoTech Inc.), Securities Purchase Agreement (Dih Holding Us, Inc.), Securities Purchase Agreement (AIM ImmunoTech Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Pre-Funded Warrants, other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 16 contracts
Sources: Securities Purchase Agreement (Lm Funding America, Inc.), Securities Purchase Agreement (Lm Funding America, Inc.), Securities Purchase Agreement (Lm Funding America, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, provided that no consent shall be required in the event the Company undertakes a reverse stock split for purposes of maintaining the listing of the Common Stock on the Trading Market.
Appears in 14 contracts
Sources: Securities Purchase Agreement (Predictive Oncology Inc.), Securities Purchase Agreement (Predictive Oncology Inc.), Securities Purchase Agreement (Eightco Holdings Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 13 contracts
Sources: Securities Purchase Agreement (Kartoon Studios, Inc.), Securities Purchase Agreement (NanoVibronix, Inc.), Securities Purchase Agreement (Energous Corp)
Capital Changes. Until Unless otherwise required or advisable to comply with the Trading Market’s listing requirements, until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 12 contracts
Sources: Securities Purchase Agreement (Histogen Inc.), Securities Purchase Agreement (Histogen Inc.), Securities Purchase Agreement (Histogen Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding Representative other than a majority reverse stock split that is required, in interest the good faith determination of the SharesBoard of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 11 contracts
Sources: Underwriting Agreement (Palisade Bio, Inc.), Underwriting Agreement (Palisade Bio, Inc.), Underwriting Agreement (Palisade Bio, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the five (5) days prior written consent notice to the Purchasers. In no event will the Company increase the par value of the Purchasers holding a majority Common Stock to an amount greater than the Conversion Price, then in interest of the Shareseffect.
Appears in 10 contracts
Sources: Securities Purchase Agreement (GT Biopharma, Inc.), Securities Purchase Agreement (GT Biopharma, Inc.), Securities Purchase Agreement (GT Biopharma, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares or ADSs or change the number of Ordinary Shares represented by an ADS, without the prior written consent of the Purchasers holding a majority in interest of the Shares, unless a reverse split is required to maintain compliance with the minimum bid price requirements of the Trading Market.
Appears in 10 contracts
Sources: Securities Purchase Agreement (SOS LTD), Securities Purchase Agreement (SOS LTD), Securities Purchase Agreement (SOS LTD)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Sharesshares of Preferred Stock.
Appears in 10 contracts
Sources: Securities Purchase Agreement (MMEX Resources Corp), Securities Purchase Agreement (Guided Therapeutics Inc), Securities Purchase Agreement (RiceBran Technologies)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Prefunded Warrants other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 10 contracts
Sources: Securities Purchase Agreement (Envoy Medical, Inc.), Securities Purchase Agreement (Envoy Medical, Inc.), Securities Purchase Agreement (Houston American Energy Corp)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a stock split that, in the good faith determination of the Board of Directors, is required to enable the Company to comply with the required listing standards of the Company’s principal Trading Market or with the initial listing requirements of another Trading Market.
Appears in 10 contracts
Sources: Securities Purchase Agreement (SenesTech, Inc.), Securities Purchase Agreement (SenesTech, Inc.), Securities Purchase Agreement (ONCOSEC MEDICAL Inc)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Pre-Funded Warrants.
Appears in 9 contracts
Sources: Securities Purchase Agreement (Ontrak, Inc.), Securities Purchase Agreement (Ontrak, Inc.), Securities Purchase Agreement (Ontrak, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the 10 days prior written consent notice to the Subscribers, unless such reverse split is made in conjunction with the listing of the Purchasers holding Common Stock on a majority in interest of the Sharesnational securities exchange or maintaining compliance with such listing.
Appears in 9 contracts
Sources: Subscription Agreement (Polarityte, Inc.), Subscription Agreement (Function(x) Inc.), Subscription Agreement (Function(x) Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the 10 days prior written consent notice to the Purchasers, unless such reverse split is made in conjunction with the listing of the Purchasers holding Common Stock on a majority in interest of the Sharesnational securities exchange.
Appears in 9 contracts
Sources: Securities Purchase Agreement (OxySure Systems Inc), Securities Purchase Agreement (Attitude Drinks Inc.), Securities Purchase Agreement (Vapor Corp.)
Capital Changes. Until Except as to reverse stock splits deemed necessary by the Company’s board of directors to regain compliance with the rules and regulations of the Trading Market, until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 9 contracts
Sources: Securities Purchase Agreement (ASTROTECH Corp), Securities Purchase Agreement (ASTROTECH Corp), Securities Purchase Agreement (NeuroBo Pharmaceuticals, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares; provided, however, that such prior written consent shall not be required if such capital change is required in connection with the continued listing or quotation of the Common Stock on the Trading Market.
Appears in 9 contracts
Sources: Securities Purchase Agreement (DelMar Pharmaceuticals, Inc.), Securities Purchase Agreement (Cel Sci Corp), Securities Purchase Agreement (DelMar Pharmaceuticals, Inc.)
Capital Changes. Until the one one-year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 9 contracts
Sources: Securities Purchase Agreement (BBQ Holdings, Inc.), Securities Purchase Agreement (BBQ Holdings, Inc.), Securities Purchase Agreement (Propanc Biopharma, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Sharesshares of Preferred Stock, unless such reverse split is made in conjunction with the listing of the Common Stock on a national securities exchange.
Appears in 8 contracts
Sources: Securities Purchase Agreement (Generex Biotechnology Corp), Securities Purchase Agreement (Generex Biotechnology Corp), Securities Purchase Agreement (Generex Biotechnology Corp)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Warrants other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 8 contracts
Sources: Securities Purchase Agreement (Allurion Technologies, Inc.), Securities Purchase Agreement (Nova Lifestyle, Inc.), Securities Purchase Agreement (Fly-E Group, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Sharesexcept as may be required to meet any exchange requirement for continued listing.
Appears in 8 contracts
Sources: Securities Purchase Agreement (Digital Ally, Inc.), Securities Purchase Agreement (Allarity Therapeutics, Inc.), Securities Purchase Agreement (Ensysce Biosciences, Inc.)
Capital Changes. Until the one year six month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 8 contracts
Sources: Securities Purchase Agreement (Arcadia Biosciences, Inc.), Securities Purchase Agreement (Arcadia Biosciences, Inc.), Securities Purchase Agreement (Arcadia Biosciences, Inc.)
Capital Changes. Until the one year anniversary of from the Closing Date, and other than to maintain compliance with the listing requirements of the Trading Market, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesRepresentative.
Appears in 8 contracts
Sources: Underwriting Agreement (AMEDICA Corp), Underwriting Agreement (AMEDICA Corp), Underwriting Agreement (AMEDICA Corp)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest principal amount outstanding of the SharesDebentures, provided that this Section 4.17 shall not apply in connection with any reverse stock split of the Common Stock conducted to maintain compliance with the listing standards of the Nasdaq Stock Market.
Appears in 7 contracts
Sources: Securities Purchase Agreement, Securities Purchase Agreement (Rennova Health, Inc.), Securities Purchase Agreement (Rennova Health, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a reverse share split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Ordinary Shares on the Trading Market.
Appears in 7 contracts
Sources: Securities Purchase Agreement (Top Wealth Group Holding LTD), Securities Purchase Agreement (Top Wealth Group Holding LTD), Securities Purchase Agreement (Top Wealth Group Holding LTD)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares, unless a reverse split is required to maintain compliance with the minimum bid price requirements of the Trading Market.
Appears in 7 contracts
Sources: Securities Purchase Agreement (Top KingWin LTD), Securities Purchase Agreement (ATIF Holdings LTD), Securities Purchase Agreement (Capital Vista LTD)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 7 contracts
Sources: Securities Purchase Agreement (Primech Holdings LTD), Securities Purchase Agreement (VCI Global LTD), Securities Purchase Agreement (VCI Global LTD)
Capital Changes. Until the one year anniversary of the Initial Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the 10 days prior written consent notice to the Purchasers, unless such reverse split is made in conjunction with the listing of the Purchasers holding Common Stock on a majority in interest of the Sharesnational securities exchange.
Appears in 7 contracts
Sources: Securities Purchase Agreement (Arista Power, Inc.), Securities Purchase Agreement (Andalay Solar, Inc.), Securities Purchase Agreement (Biozone Pharmaceuticals, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares then outstanding and still held by the Purchasers, other than a reverse stock split or reclassification that is effected to maintain the listing of the Common Stock on the Trading Market.
Appears in 6 contracts
Sources: Securities Purchase Agreement (Celsion CORP), Securities Purchase Agreement (Celsion CORP), Securities Purchase Agreement (Celsion CORP)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Pre-Funded Warrants, other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 6 contracts
Sources: Securities Purchase Agreement (Pasithea Therapeutics Corp.), Securities Purchase Agreement (Pasithea Therapeutics Corp.), Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest Purchaser, provided that for avoidance of doubt this Section does not apply to the SharesCompany’s amending its Certificate of Incorporation to increase its authorized shares of Common Stock.
Appears in 6 contracts
Sources: Securities Purchase Agreement (OncBioMune Pharmaceuticals, Inc), Securities Purchase Agreement (OncBioMune Pharmaceuticals, Inc), Securities Purchase Agreement (OncBioMune Pharmaceuticals, Inc)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the SharesShares other than a reverse share split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Ordinary Shares on the Trading Market.
Appears in 6 contracts
Sources: Securities Purchase Agreement (Neo-Concept International Group Holdings LTD), Securities Purchase Agreement (PTL LTD), Securities Purchase Agreement (PTL LTD)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Sharesoutstanding principal balance of the Notes.
Appears in 5 contracts
Sources: Securities Purchase Agreement (OncBioMune Pharmaceuticals, Inc), Securities Purchase Agreement (OncBioMune Pharmaceuticals, Inc), Securities Purchase Agreement (Probility Media Corp)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Red Violet, Inc.), Securities Purchase Agreement (Red Violet, Inc.), Securities Purchase Agreement (Cogint, Inc.)
Capital Changes. Until the one year six (6) month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Pre-Funded Warrants other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 5 contracts
Sources: Securities Purchase Agreement (SeaStar Medical Holding Corp), Securities Purchase Agreement (SeaStar Medical Holding Corp), Securities Purchase Agreement (SeaStar Medical Holding Corp)
Capital Changes. Until the one year anniversary of the Final Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the 10 days prior written consent notice to the Subscribers, unless such reverse split is made in conjunction with the listing of the Purchasers holding Common Stock on a majority in interest of the Sharesnational securities exchange or maintaining compliance with such listing.
Appears in 5 contracts
Sources: Subscription Agreement (Majesco Entertainment Co), Subscription Agreement (Sevion Therapeutics, Inc.), Subscription Agreement (Majesco Entertainment Co)
Capital Changes. Until the one year six-month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares except to the extent required to enable the Company to comply with required listing standards of the Company’s principal Trading Market.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Superconductor Technologies Inc), Securities Purchase Agreement (Superconductor Technologies Inc), Securities Purchase Agreement (Superconductor Technologies Inc)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, unless a reverse split is required to maintain compliance with the minimum bid price requirements of the Trading Market.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Green Giant Inc.), Securities Purchase Agreement (Novo Integrated Sciences, Inc.), Securities Purchase Agreement (Sino-Global Shipping America, Ltd.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesPlacement Agent.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Agile Therapeutics Inc), Securities Purchase Agreement (Agile Therapeutics Inc), Securities Purchase Agreement (Agile Therapeutics Inc)
Capital Changes. Until Unless otherwise required or advisable to comply with a Trading Market’s listing requirements, until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Aeterna Zentaris Inc.), Securities Purchase Agreement (Aeterna Zentaris Inc.), Securities Purchase Agreement (Aeterna Zentaris Inc.)
Capital Changes. Until the one one-year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares and/or ADSs without the prior written consent of the Purchasers holding a majority in interest principal amount outstanding of the SharesDebentures.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Lion Group Holding LTD), Securities Purchase Agreement (Lion Group Holding LTD), Securities Purchase Agreement (Lion Group Holding LTD)
Capital Changes. Until the one year six month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares except that the Company may undertake a reverse split to preserve its listing on The Nasdaq Capital Market.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Siyata Mobile Inc.), Securities Purchase Agreement (Siyata Mobile Inc.), Securities Purchase Agreement (Siyata Mobile Inc.)
Capital Changes. Until the one one-year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Abvc Biopharma, Inc.), Securities Purchase Agreement (Quest Resource Holding Corp), Securities Purchase Agreement (Soligenix, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Neuralstem, Inc.), Securities Purchase Agreement (Neuralstem, Inc.), Securities Purchase Agreement (Neuralstem, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Warrants other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Ordinary Shares on the Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Blue Hat Interactive Entertainment Technology), Securities Purchase Agreement (Blue Hat Interactive Entertainment Technology), Securities Purchase Agreement (Aptorum Group LTD)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Tenon Medical, Inc.), Securities Purchase Agreement (Tenon Medical, Inc.), Securities Purchase Agreement (Us Energy Corp)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 4 contracts
Sources: Securities Purchase Agreement (U Power LTD), Securities Purchase Agreement (SharpLink Gaming Ltd.), Securities Purchase Agreement (Urban Tea, Inc.)
Capital Changes. Until the one (1) year anniversary from the date of the Closing Datethis Agreement, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Sharesexcept as may be required to meet any exchange requirement for continued listing.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Cheer Holding, Inc.), Securities Purchase Agreement (Chijet Motor Company, Inc.), Securities Purchase Agreement (Zeta Network Group)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares; provided, however, that the prohibition in this Section 4.15 shall not apply to a reverse stock split or reclassification that is effected in order to maintain the listing of the Company’s Common Stock on a national securities exchange.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Bio-Path Holdings Inc), Securities Purchase Agreement (Bio-Path Holdings Inc), Securities Purchase Agreement (Bio-Path Holdings Inc)
Capital Changes. Until the one year six month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding Purchasers, provided that no consent shall be required in the event that the Company undertakes a majority in interest reverse stock split for purposes of maintaining the listing of the SharesCommon Stock on the Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Hepion Pharmaceuticals, Inc.), Securities Purchase Agreement (Celularity Inc), Securities Purchase Agreement (Celularity Inc)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares; provided, however, that the Company may undertake a reverse split of the Common Stock at any time following the 90th day after the Closing Date in order to satisfy the minimum market price requirement of a national securities market or exchange on which it intends to pursue listing of its Common Stock.
Appears in 4 contracts
Sources: Securities Purchase Agreement (ONCOSEC MEDICAL Inc), Securities Purchase Agreement (ONCOSEC MEDICAL Inc), Securities Purchase Agreement (ONCOSEC MEDICAL Inc)
Capital Changes. Until the one year anniversary of the Closing Date, other than a share split or reclassification that is effected to maintain the listing of the Common Shares on the primary Trading Market, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Shares without the prior written consent of the Purchasers holding a majority in interest of the SharesShares then held by all of the Purchasers.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Zomedica Pharmaceuticals Corp.), Securities Purchase Agreement (Zomedica Pharmaceuticals Corp.), Securities Purchase Agreement (Zomedica Pharmaceuticals Corp.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding Purchasers, provided that no consent shall be required in the event that the Company undertakes a majority in interest reverse share split for purposes of maintaining the listing of the SharesOrdinary Shares on the Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (G Medical Innovations Holdings Ltd.), Securities Purchase Agreement (G Medical Innovations Holdings Ltd.), Securities Purchase Agreement (G Medical Innovations Holdings Ltd.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares, unless a reverse split is required to maintain compliance with the minimum bid price requirements of the Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Lianluo Smart LTD), Securities Purchase Agreement (Lianluo Smart LTD), Securities Purchase Agreement (Lianluo Smart LTD)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.shares of Preferred Stock, provided that this Section 4.16 shall not apply solely in connection with any reverse stock split that is conducted in order to meet or maintain compliance with the listing standards of any Trading Market
Appears in 4 contracts
Sources: Securities Purchase Agreement (NeuroMetrix, Inc.), Securities Purchase Agreement (NeuroMetrix, Inc.), Securities Purchase Agreement (NeuroMetrix, Inc.)
Capital Changes. Until the one year six-month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares and Pre-Funded Warrant Shares, except to the extent required to enable the Company to comply (i) with required listing standards of the Company’s Trading Market or (ii) with the initial listing requirements promulgated from time to time by another Trading Market as determined in good faith by the Company.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Invivo Therapeutics Holdings Corp.), Securities Purchase Agreement (Invivo Therapeutics Holdings Corp.), Securities Purchase Agreement (Invivo Therapeutics Holdings Corp.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a stock split that, in the good faith determination of the Board of Directors, is required to enable the Company to comply with required listing standards of the Company’s principal Trading Market or with the initial listing requirements of another Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Ra Medical Systems, Inc.), Securities Purchase Agreement (Ra Medical Systems, Inc.), Securities Purchase Agreement (Ra Medical Systems, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the SharesShares sold pursuant to this Agreement.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Edap TMS Sa), Securities Purchase Agreement (Edap TMS Sa), Securities Purchase Agreement (Edap TMS Sa)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Warrants other than a reverse stock split that is required or recommended, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Kartoon Studios, Inc.), Securities Purchase Agreement (Kartoon Studios, Inc.), Securities Purchase Agreement (Kartoon Studios, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Prefunded Warrants, other than a reverse share split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Ordinary Shares on the Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Agm Group Holdings, Inc.), Securities Purchase Agreement (Agm Group Holdings, Inc.), Securities Purchase Agreement (Agm Group Holdings, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares or unless required by the rule of the Trading Market to maintain a listing on such Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (New Generation Biofuels Holdings, Inc), Securities Purchase Agreement (New Generation Biofuels Holdings, Inc), Securities Purchase Agreement (New Generation Biofuels Holdings, Inc)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares; provided, however, that the Company may undertake a reverse stock split of the Common Stock at any time following the Closing Date in order to satisfy the minimum market price requirement of a national securities market or exchange on which it intends to pursue listing of its Common Stock.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Guided Therapeutics Inc), Securities Purchase Agreement (Guided Therapeutics Inc), Securities Purchase Agreement (Guided Therapeutics Inc)
Capital Changes. Until the one year anniversary of the Closing Date, other than a stock split or reclassification that is effected to maintain the listing of the Common Stock on the primary Trading Market, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Aethlon Medical Inc), Securities Purchase Agreement (Rock Creek Pharmaceuticals, Inc.), Securities Purchase Agreement (Lpath, Inc)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares, except as may be required to maintain the listing of the Common Shares on the Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Vision Marine Technologies Inc.), Securities Purchase Agreement (Vision Marine Technologies Inc.), Securities Purchase Agreement (Vision Marine Technologies Inc.)
Capital Changes. Until the one year anniversary of from the Closing Datedate hereof, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest principal amount outstanding of the SharesDebentures.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Omnireliant Holdings, Inc.), Securities Purchase Agreement (Beyond Commerce), Securities Purchase Agreement (Beyond Commerce)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares; provided, however, that no such consent shall be required from Purchasers if the reason for a reverse stock split is to maintain the Company’s listing on the Trading Market.
Appears in 4 contracts
Sources: Securities Purchase Agreement (180 Life Sciences Corp.), Securities Purchase Agreement (180 Life Sciences Corp.), Securities Purchase Agreement (United States Antimony Corp)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest unless the purpose of the Sharesreverse split is to meet the initial listing requirements of the Nasdaq or New York Stock Exchanges (including the NYSEMKT).
Appears in 3 contracts
Sources: Securities Purchase Agreement (Aspen Group, Inc.), Securities Purchase Agreement (Aspen Group, Inc.), Securities Purchase Agreement (Aspen Group, Inc.)
Capital Changes. Until the one year six month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares and Warrant Shares.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Arcadia Biosciences, Inc.), Securities Purchase Agreement (Arcadia Biosciences, Inc.), Securities Purchase Agreement (Arcadia Biosciences, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Pre-Funded Warrants, other than a reverse share split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Ordinary Shares on the Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (U Power LTD), Securities Purchase Agreement (WANG & LEE GROUP, Inc.), Securities Purchase Agreement (U Power LTD)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares., provided that this Section 4.14 shall not apply in connection with any reverse share split of the Ordinary Shares conducted to maintain compliance with the listing standards of the Nasdaq Stock Market or the Tel-Aviv Stock Exchange Ltd.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Evogene Ltd.), Securities Purchase Agreement (Medigus Ltd.), Securities Purchase Agreement (Medigus Ltd.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesRepresentative.
Appears in 3 contracts
Sources: Underwriting Agreement (Blink Charging Co.), Underwriting Agreement (Blink Charging Co.), Underwriting Agreement (Blink Charging Co.)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesPurchaser.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Galectin Therapeutics Inc), Securities Purchase Agreement (Pro Pharmaceuticals Inc), Securities Purchase Agreement (GeoPharma, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, other than a share split or reclassification that is effected to maintain the listing of the Common Shares on the primary Trading Market, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Stellar Biotechnologies, Inc.), Securities Purchase Agreement (Stellar Biotechnologies, Inc.), Securities Purchase Agreement (Stellar Biotechnologies, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Sharesshares of Preferred Stock, unless such reverse or forward split is made in conjunction with the listing of the Common Stock on a national securities exchange.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Integrity Applications, Inc.), Securities Purchase Agreement (Integrity Applications, Inc.), Securities Purchase Agreement (Integrity Applications, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares; provided, that no such consent shall be required in connection with a reverse stock split required to maintain the listing of the Common Stock on the principal Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Spherix Inc), Securities Purchase Agreement (Spherix Inc), Securities Purchase Agreement (Spherix Inc)
Capital Changes. Until the one year six-month anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares and Pre-Funded Warrants other than a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Bionano Genomics, Inc.), Securities Purchase Agreement (Bionano Genomics, Inc.), Securities Purchase Agreement (Bionano Genomics, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the shares of Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, unless a reverse split is required to maintain compliance with the minimum bid price requirements of the Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (It Tech Packaging, Inc.), Securities Purchase Agreement (It Tech Packaging, Inc.), Securities Purchase Agreement (It Tech Packaging, Inc.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a stock split that, in the good faith determination of the Board of Directors, is required to enable the Company to comply with the required listing standards for the Common Stock on the Company’s principal Trading Market in the United States.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Mawson Infrastructure Group Inc.), Securities Purchase Agreement (Mawson Infrastructure Group Inc.), Securities Purchase Agreement (Mawson Infrastructure Group Inc.)
Capital Changes. Until the one one-year anniversary of the Closing DateDate and except for any corporate action effectuated for the purpose of maintaining listing of the Company’s securities on the Trading Market, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Castor Maritime Inc.), Securities Purchase Agreement (Castor Maritime Inc.), Securities Purchase Agreement (Castor Maritime Inc.)
Capital Changes. Until the one two year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the 20 days prior written consent notice to the Purchasers, unless such reverse split is made in conjunction with the listing of the Purchasers holding Common Stock on a majority in interest of the Sharesnational securities exchange.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Vaporin, Inc.), Securities Purchase Agreement (usell.com, Inc.), Securities Purchase Agreement (usell.com, Inc.)
Capital Changes. Until the one year anniversary of the last Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the 10 days prior written consent of notice to the Purchasers holding a majority in interest except the Company may increase the authorized shares of the Common Stock from 100,000,000 Shares to 150,000,000 Shares.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Reign Sapphire Corp), Securities Purchase Agreement (Reign Sapphire Corp), Securities Purchase Agreement (Reign Sapphire Corp)
Capital Changes. Until the one year sixty (60) day anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares.
Appears in 3 contracts
Sources: Securities Purchase Agreement (PECK Co HOLDINGS, INC.), Securities Purchase Agreement (BioCardia, Inc.), Securities Purchase Agreement (BioCardia, Inc.)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a stock split that, in the good faith determination of the Board of Directors, is required to enable the Company to comply with the required listing standards of the Company’s principal Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Grom Social Enterprises, Inc.), Securities Purchase Agreement (Toughbuilt Industries, Inc), Securities Purchase Agreement (Toughbuilt Industries, Inc)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the Shares; provided, however, that this Section 4.16 shall not apply solely in connection with any reverse stock split conducted to maintain compliance with the listing standards of the Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Acorn Energy, Inc.), Securities Purchase Agreement (Thermogenesis Corp), Securities Purchase Agreement (Cleveland Biolabs Inc)
Capital Changes. Until the one year anniversary of the Closing Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares; provided, however, that this Section 4.15 shall not apply solely in connection with any reverse stock split conducted to meet or maintain compliance with the listing standards of any Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Rosetta Genomics Ltd.), Securities Purchase Agreement (Rosetta Genomics Ltd.), Securities Purchase Agreement (Rosetta Genomics Ltd.)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesShares other than, if approved, the reverse stock split proposed for the Company’s 2023 annual meeting of stockholders or a reverse stock split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Common Stock on the Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (eFFECTOR Therapeutics, Inc.), Securities Purchase Agreement (eFFECTOR Therapeutics, Inc.), Securities Purchase Agreement (eFFECTOR Therapeutics, Inc.)
Capital Changes. Until the one (1) year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock share split or reclassification of the Common Stock Ordinary Shares without the prior written consent of the Purchasers holding a majority in interest of the Shares, other than a reverse share split that is required, in the good faith determination of the Board of Directors, to maintain the listing of the Ordinary Shares on the Trading Market.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Fenbo Holdings LTD), Securities Purchase Agreement (Fenbo Holdings LTD), Securities Purchase Agreement (Fenbo Holdings LTD)
Capital Changes. Until the one year anniversary of the Closing Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the SharesSecurities then outstanding; provided, however, that the Company may undertake a reverse split of the Common Stock at any time in order to satisfy the minimum market price requirement of a national securities market or exchange on which it intends to pursue listing.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Stevia First Corp.), Securities Purchase Agreement (Stevia First Corp.), Securities Purchase Agreement (Stevia First Corp.)