Common use of Initial Disclosure Clause in Contracts

Initial Disclosure. Promptly after the execution of this Agreement, the Company shall file with the SEC a current report on Form 8-K or such other appropriate form as determined by counsel to the Company (the “Current Report”), relating to the transactions contemplated by this Agreement and a Prospectus Supplement pursuant to Rule 424(b) of the Securities Act disclosing all information relating to the transactions contemplated by the Transaction Documents required to be disclosed therein and an updated Plan of Distribution, including, without limitation, the name of the Investor, the value of Shares being offered hereunder, the terms of the offering, the Purchase Price of the Shares, the amount of the Pre-Paid Advance, the terms and conditions of the Pre-Paid Advance, and other material terms of the offering, and any other information or disclosure necessary to register the transactions contemplated by the Transaction Documents (collectively, the “Initial Disclosure”) and shall provide the Investor with adequate opportunity to review the Initial Disclosure prior to its filing. To the extent required, promptly after the Closing Date and each Purchase Notice Date (if required), the Company shall file with the SEC a Prospectus Supplement pursuant to Rule 424(b) of the Securities Act disclosing all information relating to a particular Closing or Advance required to be disclosed therein to the extent necessary to register all of the Shares issued and issuable pursuant thereto under the Registration Statement.

Appears in 1 contract

Sources: Prepaid Advance Agreement (BioAtla, Inc.)

Initial Disclosure. Promptly after the execution of this Agreement, the Company shall file with the SEC a current report on Form 8-K or such other appropriate form as determined by counsel to the Company (the “Current Report”), relating to the transactions contemplated by this Agreement and a Prospectus Supplement pursuant to Rule 424(b) of the Securities Act disclosing all information relating to the transactions contemplated by the Transaction Documents required to be disclosed therein and an updated Plan of Distribution, including, without limitation, the name of the Investor, the value of Shares being offered hereunder, the terms of the offering, the Purchase Price of the Shares, the amount of the Pre-Paid AdvanceAdvances, the terms and conditions of the Pre-Paid AdvanceAdvances, and other material terms of the offering, and any other information or disclosure necessary to register the transactions contemplated by the Transaction Documents (collectively, the “Initial Disclosure”) and shall provide the Investor with adequate opportunity to review the Initial Disclosure prior to its filing. To the extent required, promptly after the each Closing Date and each Purchase Notice Date (if required)Date, the Company shall file with the SEC a Prospectus Supplement pursuant to Rule 424(b) of the Securities Act disclosing all information relating to a particular Closing or Advance required to be disclosed therein to the extent necessary to register all of the Shares issued and issuable pursuant thereto under the Registration Statement.

Appears in 1 contract

Sources: Prepaid Advance Agreement (Rekor Systems, Inc.)

Initial Disclosure. Promptly after the execution of this Agreement, the Company shall file with the SEC a current report on Form 8-K or such other appropriate form as determined by counsel to the Company (the “Current Report”), relating to the transactions contemplated by this Agreement and a Prospectus Supplement pursuant to Rule 424(b) of the Securities Act disclosing all information relating to the transactions contemplated by the Transaction Documents this Agreement required to be disclosed therein and an updated Plan of Distribution, including, without limitation, the name of the Investor, the value of Shares being offered hereunder, the terms of the offering, the calculation for the Purchase Price of the Shares, the aggregate amount of the Pre-Paid AdvanceAdvances, the terms and conditions of the Pre-Paid AdvanceAdvances, and other material terms of the offering, and any other information or disclosure necessary to register the transactions contemplated by the Transaction Documents this Agreement (collectively, the “Initial Disclosure”) and shall provide the Investor with adequate opportunity to review the Initial Disclosure prior to its filing. To the extent required, promptly after the Closing each Pre-Advance Date and each Purchase Notice Date (if required)Date, the Company shall file with the SEC a Prospectus Supplement pursuant to Rule 424(b) of the Securities Act disclosing all information relating to a particular Closing Pre-Paid Advance or Advance required to be disclosed therein to the extent necessary to register all of the Shares issued and issuable pursuant thereto under the Registration Statement.

Appears in 1 contract

Sources: Prepaid Advance Agreement (Rein Therapeutics, Inc.)