Common use of Adjustment of Number of Warrant Shares Clause in Contracts

Adjustment of Number of Warrant Shares. Upon each adjustment in the Exercise Price, the number of shares of stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 11 contracts

Samples: Intuity Medical, Inc., Intuity Medical, Inc., Intuity Medical, Inc.

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Adjustment of Number of Warrant Shares. Upon each adjustment in the Exercise Price, the number of shares of stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 7 contracts

Samples: Stock Purchase and Sale Agreement (Transmedia Investors LLC), Stock Purchase and Sale Agreement (Samstock LLC), Stock Purchase and Sale Agreement (Transmedia Network Inc /De/)

Adjustment of Number of Warrant Shares. Upon each adjustment in the Exercise PricePrice pursuant to Sections 8(b) or 8(c) hereof, the number of shares of stock Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, adjusted to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 6 contracts

Samples: Kintara Therapeutics, Inc., Telomir Pharmaceuticals, Inc., Telomir Pharmaceuticals, Inc.

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Adjustment of Number of Warrant Shares. Upon each adjustment in the Exercise Price, the number of shares of stock purchasable hereunder Warrant Shares shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: Integrated Surgical Systems Inc

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