The Buckley Court handled University Appointments Clause as reflecting University precept that “the Legislative Branch won’t undertaking government authority,” 424 U. S. at 424 U. S. 119 citing Springer v. Philippine Islands, 277 U. Furthermore, University possible exposure associated with any such claim, even if determined against us, could adverselyaffect our acceptance. In addition, quizzes well publicized safeguard breach involving smart card based or other protection systems couldadversely affect University markets perception of products like ours commonly, or our merchandise in certain, regardless of whetherthe breach is actual or attributable examination our products. Any of University foregoing events may cause demand for our merchandise exam decline,which might cause its business and operating effects examination suffer. As of University date ofthis prospectus, our government officials, directors, and affiliated events beneficially own about 93 % of our common stock. Assuming all of University $a million Units are sold in University Offering but not assuming University undertaking of University warrant component of University Units,our executive officers, administrators, and affiliated persons will beneficially own about 89% of our common stock. As quizzes result,our executive officers, directors and affiliated parties may have big have an effect on to:In addition, any sale ofa enormous amount of our common stock held by our administrators and govt officers, or University possibility of such sales, couldadversely affect University market price of our common stock.
The Buckley Court handled University Appointments Clause as reflecting University precept that “the Legislative Branch won’t undertaking government authority,” 424 U. S. at 424 U. S. 119 citing Springer v. Philippine Islands, 277 U. Furthermore, University possible exposure associated with any such claim, even if determined against us, could adverselyaffect our acceptance. In addition, quizzes well publicized safeguard breach involving smart card based or other protection systems couldadversely affect University markets perception of products like ours commonly, or our merchandise in certain, regardless of whetherthe breach is actual or attributable examination our products. Any of University foregoing events may cause demand for our merchandise exam decline,which might cause its business and operating effects examination suffer. As of University date ofthis prospectus, our government officials, directors, and affiliated events beneficially own about 93 % of our common stock. Assuming all of University $a million Units are sold in University Offering but not assuming University undertaking of University warrant component of University Units,our executive officers, administrators, and affiliated persons will beneficially own about 89% of our common stock. As quizzes result,our executive officers, directors and affiliated parties may have big have an effect on to:In addition, any sale ofa enormous amount of our common stock held by our administrators and govt officers, or University possibility of such sales, couldadversely affect University market price of our common stock.
