Right of Participation. The Purchasers shall be given the right to purchase, in the aggregate, 20% of the shares issued in the Company’s IPO on a pro rata basis based on each Purchaser’s Subscription Amount hereunder as compared with the Subscription Amounts of all participating Purchasers (if a Purchaser does not participate, or does not participate in its full share, such amount of the IPO shall first be offered to the other Purchasers ratably. The Company shall provide 5 Trading Days prior written notice of the pricing of the IPO and the Purchaser shall have up to the time of pricing to determine whether to participate.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Kindly MD, Inc.), Securities Purchase Agreement (Kindly MD, Inc.), Securities Purchase Agreement (Kindly MD, Inc.)
Right of Participation. The Purchasers shall be given the right to purchase, in the aggregate, 20% of the shares issued in the Company’s IPO on a pro rata basis based on each Purchaser’s Subscription Amount hereunder as compared with the Subscription Amounts of all participating Purchasers (if a Purchaser does not participate, or does not participate in its full share, such amount of the IPO shall first be offered to the other Purchasers ratably. The Company shall provide 5 five (5) Trading Days prior written notice of the pricing of the IPO and the Purchaser shall have up to the time of pricing to determine whether to participate.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Healthy Choice Wellness Corp.), Securities Purchase Agreement (Healthier Choices Management Corp.)
