Quotation Requirements. The Parent is, and has no reason to believe that it will not in the foreseeable future continue to be, in compliance with the requirements for continued quotation of the Parent Shares on the “Pink – Current” tier of the trading market operated by OTC Markets Group, Inc. The issuance and sale of the Parent Shares under this Agreement do not contravene the rules and guidelines of the trading market on which the Parent Shares are currently quoted, and no approval of the stockholders of the Parent is required for the Parent to issue and deliver to the Shareholder the Parent Shares contemplated by this Agreement.
Appears in 3 contracts
Sources: Share Exchange Agreement (Imperalis Holding Corp.), Share Exchange Agreement (Imperalis Holding Corp.), Share Exchange Agreement (Imperalis Holding Corp.)