Earnout Shares

Earnout Shares. The Initial Earnout Shares, the Second Earnout Shares and the Third Earnout Shares.

Earnout Shares. (i) up to 1,000,000 shares of Common Stock to be issued to Investor in connection with the Earnout Agreement, dated November 2, 2023, by and between the Company and the Investor and (ii) (i) up to 2,000,000 shares of Common Stock to be issued to certain members of management of DLQ in connection with the Earnout Agreement, dated November 2, 2023, by and between the Company and certain members of management (the "Management Earnout Shares")

Earnout Shares. Means shares that were issued by OmniQ pursuant a ‘securities purchase agreement', such that the issued shares shall be governed by the United States Securities and Exchange Commission ("Commission") pursuant to the Securities Act of 1933 (as amended), and as the relevant rule may be amended from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such rule, and having a share value which is cash equivalent, equal to USD... 750,000 according to the average closing price for OmniQ Common Stock on NASDAQ for the 10 consecutive trading days preceding (but not including) the date of issuance of such shares to the Sellers. View More

Earnout Shares. Has the meaning ascribed to such term in the Merger Agreement

Earnout Shares. Has the meaning set forth in the Merger Agreement