Company: NUTR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002312
Chunk: 136

Company: NUSATRIP Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 136
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5110. The warrants have been deemed compensation by FINRA and are therefore subject to a one hundred and eighty (180) day lock-up pursuant to Rule 5110 of FINRA. The underwriters (or their permitted assignees under the Rule) will not sell, transfer, assign, pledge, or hypothecate these warrants or the securities underlying these warrants, nor will it engage in any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of the warrants or the underlying securities for a period of 180 days beginning on the date of commencement of sales of the public equity offering, except as permitted by FINRA Rule 5110(e)(2). The Underwriter Warrants are not redeemable by us. The Underwriter Warrants also provide for unlimited “piggyback” registration rights at our expense with respect to the underlying shares during the five-year period commencing from the effective date of the registration statement related to this offering.

Indemnification

We have agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act, and liabilities arising from breaches of representations and warranties contained in the underwriting agreement, or to contribute to payments the underwriters may be required to make in respect thereof.

Lock-up Agreements

Our directors, executive officers, and 5% or more stockholders have agreed not to offer, sell, contract to sell, encumber, grant, lend, or otherwise dispose of any of our common stock or securities convertible into or exchangeable for, or that represent the right to receive, shares of common stock, enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of such shares or capital stock whether any such transaction described above is to be settled by delivery of shares or such other securities, in cash or otherwise, for a period of 180 days days following the date of this prospectus. This means that, subject to certain exceptions, for a period of 180 days days following the date of this prospectus, such persons may not offer, sell, pledge or otherwise dispose of these securities without the prior written consent of Cathay Securities, Inc.

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We have agreed, for a period of 180 days days following the date of the date of this prospectus, that we will not, without the prior written consent of the Representative, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option