Reg A Offering definition
Examples of Reg A Offering in a sentence
The Buyer shall hold the Participation Right from the date that the SEC declares the subject Reg A+ Offering statement “qualified” (the “Qualification Date”) until the date that the Buyer has purchased aggregate of $100,000 of securities from such offering statement.
The Buyer shall hold the Participation Right from the date that the SEC declares the subject Reg A+ Offering statement “qualified” (the “Qualification Date”) until the date that is the earlier of (i) 180 days after the Qualification Date or (ii) the date that the Buyer has purchased aggregate of $1,000,000 of securities from such offering statement.
Please make your check payable to: The North Capital Private Securities, FBO Birgo Reiturn Fund Reg A+ Offering.
The Liquidated Damages for a Reg A Offering are the greater of: (x) 8% of the gross amount raised by Client or its affiliates in the breaching Individual Investments; or (y) amount of Base Transaction Fee Company would have been due from Client if Client did not breach Section 4(a)(iv).
The Company agrees that it will enter into a securities purchase agreement, subscription agreement or other customary agreements with Investors in connection with the Reg A Offering, and that Company counsel will issue an opinion letter with respect to the transaction in the form required to be filed with the SEC.
In the event that Holder elects to exchange the note for purchase of shares from the Reg A Offering, said shares shall be issued free of restrictive legend and will be deemed qualified shares.
In the Reg A Offering, the Company may offer shares of common stock (the “Shares”), common stock purchase warrants (the “Warrants”), units of Shares and Warrants (‘Units”) and/or convertible notes (the “Convertible Notes” and together with Shares and Warrants or Units, the “Securities”) as determined by the Company in consultation with PC.
Upon the Company having a qualified Regulation A Offering Circular (the “Qualified Reg A Offering”), the Payee may exchange this Note in the amount of the then outstanding principal and accrued but unpaid interest, for a subscription for securities being sold pursuant to the Qualified Reg A Offering at the price set forth therein.
Should RDAR fail to have obtained the sum of $1,500,000 in proceeds from the Reg A Offering, on or before the date that is six (6) months from the date of the SEC’s qualification of the Reg A Offering, the Members shall have the right, but not the obligation, to rescind this Agreement by unanimous written notice to RDAR (the “Rescission Notice”).
All Parties hereto shall maintain as strictly confidential the provisions of this Agreement other than (i) to exercise their respective rights hereunder, (ii) for purposes of disclosure to potential Investors in connection with the Reg A Offering; and/or (iii) and other than with respect to disclosures made for reasonable business purposes to each Party’s accountants, financial advisors and/or attorneys or pursuant to law.