REGISTRATION RIGHTS AGREEMENT between Ubiquity, Inc. a Nevada corporation and THE HOLDERS NAMED HEREIN dated as of Effective Date (as defined in this Agreement) For a Proposed Firm Commitment Underwritten Offering of at least $40,000,000 To Permit...Registration Rights Agreement • September 25th, 2014 • Ubiquity, Inc. • Services-computer processing & data preparation • Nevada
This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of the Effective Date (as hereinafter defined), by and among Ubiquity, Inc., a Nevada corporation (the “Company”), AND each of the holders of shares of Common Stock that are Restricted Securities and each such Holder’s permitted successors and assigns that acquires such shares of the Common Stock and becomes a party to this Agreement in accordance with its terms, each, a “Holder” and, collectively, the “Holders”) that execute and deliver this Agreement or a joinder to this Agreement, in either case, on or prior to October 31, 2014 (the “Required Holder Date”).
Ubiquity, Inc. Registration Rights Agreement Is Now EffectiveRegistration Rights Agreement • September 25th, 2014 • Ubiquity, Inc. • Services-computer processing & data preparation
IRVINE, Calif., September 25, 2014 – Ubiquity, Inc. (OTCBB: UBIQ) (“Ubiquity” or the “Company”), a technology development and licensing company that holds an extensive portfolio of patents across multiple technology market verticals, announced that as of September 22, 2014, the previously announced registration rights agreement for holders of shares of the Company’s restricted common stock for a proposed firm commitment underwritten offering for gross proceeds to the Company of at least $40 million (the “Proposed Offering”) has been signed by holders of at least 75% of the Company’s issued and outstanding restricted common stock. The Registration Rights Agreement is now effective. The Registration Rights Agreement provides for certain milestones for it to remain effective, including matters related to engaging a managing underwriter and other matters related to a public offering. The Proposed Offering is intended by the Company to enable it to satisfy one of the requirements to uplist
