Common use of Concurrent Public Offering Clause in Contracts

Concurrent Public Offering. The IPO in which the net proceeds are at least equal to the Cash Portion shall have occurred, and the shares of ▇▇▇▇ Common to be issued in the Merger and such shares to be issued in the IPO shall have been designated as a national market system security on an interdealer quotation system by the National Association of Securities Dealers, Inc.

Appears in 2 contracts

Sources: Acquisition Agreement (Dunn Computer Corp), Acquisition Agreement (Dunn Computer Corp)