Adjustments for Stock Dividends; Combinations, Etc. In case the Company shall do any of the following (an “Event”): (i) declare a dividend or other distribution on its Common Stock payable in Common Stock of the Company, (ii) subdivide the outstanding Common Stock pursuant to a stock split or otherwise, or (iii) reclassify its Common Stock, then the number of shares of Common Stock or other securities at the time issuable upon exercise of this Warrant shall be appropriately adjusted to reflect any such Event; however, there shall be no adjustment to the Exercise Price or issuable Warrant Shares in the event of a reverse stock split or other reduction in the authorized Common Stock of the Company.
Appears in 6 contracts
Samples: Loan Agreement (Deep Medicine Acquisition Corp.), Loan Agreement (Deep Medicine Acquisition Corp.), Loan Agreement (Deep Medicine Acquisition Corp.)
