Common use of Issuer-Directed Offering; No Underwriter Clause in Contracts

Issuer-Directed Offering; No Underwriter. Subscriber understands that the offering is being conducted by the Company directly (issuer-directed) and the Company has not engaged a selling agent such as an underwriter or placement agent. Subscriber acknowledges and agrees that FundAmerica Securities, LLC has been engaged to serve as an accommodating broker-dealer and to provide certain technology, transaction facilitation and escrow services. FundAmerica is not participating as an underwriter. Subscriber acknowledges that FundAmerica Securities LLC has neither solicited your investment in the Company, recommended the Securities, provided any advice, including investment advice, nor is FundAmerica Securities, LLC distributing the Offering Circular or making any oral representations concerning the offering. FundAmerica Securities LLC has not and will not conduct extensive due diligence of this offering and Subscriber should not rely on FundAmerica Securities, LLC involvement in this offering as any basis for a belief that it has done extensive due diligence.

Appears in 4 contracts

Samples: Subscription Agreement, Subscription Agreement (XTI Aircraft Co), Subscription Agreement (XTI Aircraft Co)

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Issuer-Directed Offering; No Underwriter. Subscriber The undersigned understands that the offering is being conducted by the Company directly (issuer-directed) and the Company has not engaged a selling agent such as an underwriter or placement agent. Subscriber The undersigned acknowledges and agrees that FundAmerica Securities, LLC has been engaged to serve as an accommodating broker-dealer and to provide certain technology, transaction facilitation and escrow services. FundAmerica Securities, LLC is not participating as an underwriter. Subscriber The undersigned acknowledges that FundAmerica Securities LLC has neither solicited your investment in the Company, recommended the SecuritiesShares, provided any advice, including investment advice, nor is FundAmerica Securities, LLC distributing the Offering Circular or making any oral representations concerning the offering. FundAmerica Securities LLC has not and will not conduct extensive due diligence of this offering and Subscriber the undersigned should not rely on FundAmerica Securities, LLC Securities LLC’s involvement in this offering as any basis for a belief that it has done extensive due diligence.

Appears in 2 contracts

Samples: Subscription Agreement (Brewdog Usa Inc.), www.sec.gov

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