Firm Commitment Offering definition

Firm Commitment Offering means an offering of securities by participants in a selling syndicate under an agreement that imposes a financial commitment on participants in such syndicate to purchase such securities.
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Firm Commitment Offering means the issuance of shares of Common Stock pursuant to a bona fide firm commitment underwritten public offering with a nationally recognized underwriter that generates gross proceeds to the Company in excess of $12,000,000 (but expressly excluding “at-the-market offerings” (as defined in Rule 415(a)(4) under the Securities Act), “equity lines of credit” and “confidentially marketed public offerings”).
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Examples of Firm Commitment Offering in a sentence

  • Such funds shall remain in said account until the Firm Commitment Offering has been sold and shall then be disbursed to the Company in accordance with the terms of this Section 2.

Related to Firm Commitment Offering

  • Firm Commitment has the meaning set forth in Section 4.2.

  • Public Offering means a public offering of equity securities of the Company or any successor thereto or any Subsidiary of the Company pursuant to a registration statement declared effective under the Securities Act.

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Secondary Offering means an offering of securities of a publicly traded company that prior to the offering were not registered under the Securities Act of 1933, as amended.

  • Subsequent Offering means any further issuance of Interests in any Series, excluding any Initial Offering or Transfer.