Examples of Firm Shares in a sentence
By: /s/ Mxxxxxx Xxxxxx Name: Mxxxxxx Xxxxxx Title: Managing Director, Head of Healthcare ECM Schedule A Underwriters Number of Firm Shares to be Purchased Number of Pre-Funded Warrants to be Purchased Number of Option Shares Pxxxx Xxxxxxx & Co. 1,393,806 92,920 223,009 Guggenheim Securities, LLC 862,832 57,522 138,053 Truist Securities, Inc.
The 3,318,585 Firm Shares and 221,238 Pre-Funded Warrants to be sold by the Company are called the “Firm Securities.” In addition, the Company has granted to the Underwriters an option to purchase up to an additional 530,973 shares of Common Stock as provided in Section 2 of this Agreement.
The Company shall deliver, or cause to be delivered to the Representatives for the accounts of the several Underwriters the Firm Shares at the First Closing Date, against release of a wire transfer of immediately available funds for the amount of the purchase price therefor.
In the event that the Firm Shares and Pre-Funded Warrants (and Optional Shares, if elected by the Representatives) are not delivered to the Representatives by 2:30 p.m., New York City time, on the First Closing Date (and the Option Closing Date, if elected by Pxxxx), the Company will return (or will instruct its custodian to return) payment of the full purchase price to the Representatives’ agent, Pershing LLC, via same day funds by 4:30 p.m., New York City time.
On the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Underwriters agree, severally and not jointly, to purchase from the Company the respective numbers of Firm Shares and Pre-Funded Warrants set forth opposite their names on Schedule A.