Stabilizing Transactions Sample Clauses
The Stabilizing Transactions clause defines the rules and limitations regarding actions taken to support or stabilize the market price of a security during an offering. Typically, this clause permits underwriters or agents to buy back securities in the open market to prevent or slow a decline in price, but it also sets boundaries to ensure such activities comply with applicable laws and do not manipulate the market unfairly. Its core function is to provide transparency and legal structure to stabilization efforts, thereby protecting both issuers and investors from market volatility and potential abuses during securities offerings.
Stabilizing Transactions. The Company has not taken, directly or indirectly, any action designed to or that might be reasonably expected to cause or result in stabilization or manipulation of the price of the Shares or any other “reference security” (as defined in Rule 100 of Regulation M under the Exchange Act (“Regulation M”)) whether to facilitate the sale or resale of the Offered Shares or otherwise, and has taken no action which would directly or indirectly violate Regulation M.
Stabilizing Transactions. The Company has not taken and will not take, directly or indirectly, any action designed to, or which has constituted or that might be reasonably expected to, cause or result in stabilization or manipulation of the price of the Securities or any security of the Company to facilitate the sale or resale of the Shares.