Common use of Adjustments to Aggregate Number Clause in Contracts

Adjustments to Aggregate Number. Concurrently with any adjustment to the Exercise Price under Section 5(a), the Aggregate Number will be adjusted such that the Aggregate Number in effect immediately following the effectiveness of such adjustment will be equal to the Aggregate Number in effect immediately prior to such adjustment, multiplied by a fraction, (i) the numerator of which is the Exercise Price in effect immediately prior to such adjustment and (ii) the denominator of which is the Exercise Price in effect immediately following such adjustment.

Appears in 6 contracts

Samples: Common Stock Purchase Warrant (Boxed, Inc.), Common Stock Purchase Warrant (Boxed, Inc.), Common Stock Purchase Warrant (Aquestive Therapeutics, Inc.)

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