Terms of the Private Placement Shares. (i) The Private Placement Shares are substantially identical to the Shares to be offered in the Public Offering except: (a) as provided in that letter agreement, dated as of the date hereof (the “Letter Agreement”), by and among the Company, the Purchaser, Northland Securities, Inc. and each of the Company’s officers, directors and other signatories thereto, and (b) the Private Placement Shares are being purchased pursuant to an exemption from the registration requirements of the Securities Act (as defined below) and will become freely tradable only after the expiration of the lockup described below and they are registered pursuant to the Registration Rights Agreement (as defined below) or an exemption from registration is available, and the restrictions described above in clause (a) have expired.
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Samples: Private Placement Shares Purchase Agreement (REZOLVE GROUP LTD), Private Placement Shares Purchase Agreement (Armada Acquisition Corp. I)
Terms of the Private Placement Shares. (i) The Private Placement Shares are substantially identical to the Shares to be offered in the Public Offering except: (a) as provided in that letter agreement, dated as of the date hereof (the “Letter Agreement”), by and among the Company, the Purchaser, Northland Securities, Inc. and each of the Company’s officers, directors and other signatories thereto, and (b) the Private Placement Shares are being purchased pursuant to an exemption from the registration requirements of the Securities Act (as defined below) and will become freely tradable only after the expiration of the lockup described below and they are registered pursuant to the Registration Rights Agreement (as defined below) or an exemption from registration is available, and the restrictions described above in clause (a) have expired.. (
Appears in 1 contract
Samples: Private Placement Shares Purchase Agreement (Armada Acquisition Corp. I)
Terms of the Private Placement Shares. (i) The Private Placement Shares are substantially identical to the Shares to be offered in the Public Offering except: (a) as provided in that letter agreement, dated as of the date hereof (the “Letter Agreement”), by and among the Company, the Purchaser, Northland Securities, Inc. and each of the Company’s officers, directors and other signatories thereto, and (b) the Private Placement Shares are being purchased pursuant to an exemption from the registration requirements of the Securities Act (as defined below) and will become freely tradable only after the expiration of the lockup described below above in the Letter Agreement and they are registered pursuant to the Registration Rights Agreement (as defined below) or an exemption from registration is available, and the restrictions described above in clause (a) have expired.
Appears in 1 contract
Samples: Private Placement Shares Purchase Agreement (Armada Acquisition Corp. I)