SB2 Blackout Period

Example Definitions of "SB2 Blackout Period"
SB2 Blackout Period. Shall mean, with respect to a Form SB-2 registration, a period not in excess of sixty (60) calendar days during which the Company, in the good faith judgment of its Board of Directors, determines (because of the existence of, or in anticipation of, any acquisition, financing activity, or other transaction involving the Company, or the unavailability for reasons beyond the Company's control of any required financial statements, disclosure of information which is in its best interest not to... publicly disclose, or any other event or condition of similar significance to the Company) that the registration and distribution of the Registrable Securities to be covered by such SB-2 registration, if any, would be detrimental to the Company or its shareholders. View More Arrow
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