System and method for flexible underwritten equity facility (FUEL)
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Apr 25, 2002
app pub date -
Jul 12, 2001
filing date -
Oct 19, 2000
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Described is a method and system for raising capital for a Company, wherein the Company files a registration with a government agency for the sale of equity in the Company, and the Company and Underwriter prepare and execute an agreement which grants the Company an option to obligate the Underwriter to sell a predetermined volume of equity in the Company according to a predefined price structure during a predefined time period. The agreement obligates the Underwriter to remedy a failure by fulfilling obligations to the Company under the agreement. When capital is needed, the Company may forward to the Underwriter a Capital Demand Notice setting forth terms for a particular sale of equity. The Underwriter may accept or reject the Capital Demand Notice based on a review of information regarding the Company and the Capital Demand Notice. Upon an occurrence of a predefined failure under the agreement, the Underwriter is obligated to remedy its failure.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully