Adjustments in Warrant Price. Whenever the number of PubCo Shares purchasable upon the exercise of the Warrants is adjusted, as provided in Parts 4.1 or 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of PubCo Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of PubCo Shares so purchasable immediately thereafter.
Appears in 2 contracts
Samples: Novation, Assumption and Amendment Agreement (PropertyGuru Group LTD), Novation, Assumption and Amendment Agreement (Bridgetown 2 Holdings LTD)
Adjustments in Warrant Price. Whenever the number of PubCo Pubco Common Shares purchasable upon the exercise of the Warrants is adjusted, as provided in Parts 4.1 or 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of PubCo Pubco Common Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of PubCo Pubco Common Shares so purchasable immediately thereafter.
Appears in 2 contracts
Samples: Novation, Assumption and Amendment Agreement (Zapp Electric Vehicles Group LTD), Novation, Assumption and Amendment Agreement (Zapp Electric Vehicles Group LTD)
