CIFR Stock definition

CIFR Stock means fully paid, non-assessable shares of common stock, par value $0.001 per shares of CIFR listed on The Nasdaq Global Select Market under the symbol “CIFR”.
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Examples of CIFR Stock in a sentence

  • Seller has such knowledge and experience in financial and business matters and is capable of evaluating the merits and risks of acquiring the CIFR Stock.

  • CIFR has prepared and filed the Shelf Registration Statement registering the CIFR Stock in conformity with the requirements of the Securities Act, which became effective on October 6, 2022, including the Prospectus, and such amendments and supplements thereto as may have been required to the date of this Agreement.

  • Seller is acquiring the CIFR Stock hereunder in the ordinary course of its business.

  • To CIFR’s knowledge and based on the representations and warranties of Seller, the offer, sale and issuance of the CIFR Stock may be registered on the Shelf Registration Statement under the Securities Act and the rules promulgated thereunder.

  • Seller is acquiring the CIFR Stock as principal for its own account and has no direct or indirect arrangement or understandings with any other persons to distribute or regarding the distribution of CIFR Stock (this representation and warranty not limiting such Seller’s right to sell the CIFR Stock in compliance with applicable federal and state securities laws).

  • Seller acknowledges that it is not relying upon any Person, other than Seller and its officers and directors, in making its decision to acquire CIFR Stock pursuant to this Agreement.

  • The Purchase Price will be paid by delivery of whole shares of CIFR Stock.

  • The CIFR Stock to be issued to Seller under this Agreement will be issued pursuant to the Shelf Registration Statement.

  • CIFR, if required by the rules and regulations of the SEC, shall timely file (a) the Prospectus Supplement with the SEC pursuant to Rule 424(b) and (b) an opinion of counsel as to the legality of the CIFR Stock being issued pursuant to Item 601(b)(5) of Regulation S-K.

  • The amount of CIFR Stock to be delivered under this Agreement shall be calculated by dividing the Purchase Price by the 30-Day VWAP of CIFR Stock, rounding such product down to the nearest whole number of CIFR Stock, and issued as provided in Section 2.5(a).