Common use of Over Allotment Option Clause in Contracts

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____] shares of Common Stock, representing fifteen percent (15%) of the Closing Shares (the “Option Shares”).

Appears in 2 contracts

Samples: Underwriting Agreement (Paltalk, Inc.), Concierge Technologies Inc

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Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is Representatives are hereby granted an option after the Closing Date (the “Over-Allotment Option”) to purchase up to [_____] 625,000 shares of Common Stock, representing fifteen percent (15%) of the Closing Shares sold in the Offering (the “Option Shares”).

Appears in 1 contract

Samples: Underwriting Agreement (Intrinsic Medicine, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, up to [_____] _ shares of Common Stock, representing or fifteen percent (15%) of the Closing Shares total number of shares of Common Stock to be offered by the Company in the Offering (the “Option Shares”)) at the Share Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Tesspay Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, up to [_____] 292,500 shares of Common Stock, representing fifteen percent (15%) % of the Closing Shares (the “Option Shares”)) at the Share Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Cyclo Therapeutics, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, up to [_____15% of total number of securities offered][*] shares of Common Stock, representing fifteen percent (15%) of the Closing Shares Stock (the “Option Shares”)) at the Share Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Applied UV, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, up to [_____] 750,000 shares of Common Stock, Stock representing fifteen percent (15%) of the Closing Shares (the “Option Shares”)) at the Share Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Biotricity Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____*] shares of Common Stock, representing fifteen percent (15%) of the Closing Shares sold in the Offering (the “Option Shares”).

Appears in 1 contract

Samples: Underwriting Agreement (Silo Pharma, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____] shares of Common Stock, representing fifteen percent (15%) of the Closing Shares sold in the Offering (the “Option Shares”), which may be purchased at the Share Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Med-X, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____] 247,500 shares of Common Stock, representing fifteen percent (15%) of the Closing Shares (the “Option Shares”).

Appears in 1 contract

Samples: Marygold Companies, Inc.

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [______] shares of Common Stock, representing fifteen ten percent (1510%) of the Closing Shares sold in the Offering (the “Option Shares”), which may be purchased at the Closing Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Inspire Veterinary Partners, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is Underwriters are hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, up to [______] shares of Company Common Stock, Stock representing fifteen percent (15%) % of the Closing Shares (the “Option Shares”).

Appears in 1 contract

Samples: Underwriting Agreement (Blue Star Foods Corp.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, up to [_____] 168,224 shares of Common Stock, Stock representing fifteen percent (15%) % of the Closing Shares (the “Option Shares”).

Appears in 1 contract

Samples: Underwriting Agreement (Global Self Storage, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____] 240,000 shares of Common Stock, representing fifteen percent (15%) of the Closing Shares sold in the Offering (the “Option Shares”), which may be purchased at the Closing Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Inspire Veterinary Partners, Inc.)

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Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing SharesSecurities, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, (i) up to [_____] an additional 624,999 shares of Common Stock, representing fifteen percent Stock (15%) of the Closing Shares (the “Option Shares”) and/or (ii) Warrants to purchase up to 624,999 shares of Common Stock (“Option Warrants”; together with the Option Shares, the “Option Securities”).

Appears in 1 contract

Samples: Underwriting Agreement (Newgioco Group, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, up to [_____15% of total number of securities offered] shares of Common Stock, representing fifteen percent (15%) of the Closing Shares Preferred Stock (the “Option Shares”)) at the Share Purchase Price.

Appears in 1 contract

Samples: Applied UV, Inc.

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____] 202,500 shares of Common Stock, representing fifteen percent (15%) of the Closing Shares (the “Option Shares”).

Appears in 1 contract

Samples: Underwriting Agreement (Paltalk, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Firm Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____] shares of Common StockOrdinary Shares, representing fifteen percent (15%) of the Closing Firm Shares sold as part of the Firm Shares sold in the Offering (the “Option Shares”).

Appears in 1 contract

Samples: Underwriting Agreement (Innovation Beverage Group LTD)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is Underwriters are hereby granted an option (the “Over-Allotment Option”) to purchase purchase, in the aggregate, up to [_____] 120,000 shares of Company Common Stock, Stock representing fifteen percent (15%) % of the Closing Shares (the “Option Shares”).

Appears in 1 contract

Samples: Underwriting Agreement (Blue Star Foods Corp.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____] 150,000 shares of Common Stock, representing fifteen percent (15%) of the Closing Shares sold in the Offering (the “Option Shares”).

Appears in 1 contract

Samples: Underwriting Agreement (Silo Pharma, Inc.)

Over Allotment Option. (a) For the purposes of covering any over-allotments in connection with the distribution and sale of the Closing Shares, the Representative is hereby granted an option (the “Over-Allotment Option”) to purchase up to [_____] 180,000 shares of Common Stock, representing fifteen percent (15%) of the Closing Shares sold in the Offering (the “Option Shares”), which may be purchased at the Closing Purchase Price.

Appears in 1 contract

Samples: Underwriting Agreement (Lafayette Energy Corp.)

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