Company Issuance Limit

Example Definitions of "Company Issuance Limit"
Company Issuance Limit. Means an aggregate number of shares of Common Stock issued or issuable to the Holder (including shares of Common Stock issued or issuable upon conversion of Preferred Shares and exercise or exchange of any other warrant issued to the Holder pursuant to the Securities Purchase Agreement) equal to the lesser of: (i) after aggregation under the rules and regulations of the Principal Market with any other shares issued by the Company, 19.99% of the shares of Common Stock outstanding on the date... immediately preceding the date of the Securities Purchase Agreement, and (ii) after aggregation with the shares issued or issuable in connection with an acquisition, 19.99% of the shares of Common Stock outstanding prior to entering into an agreement to consummate an acquisition. View More
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