Common use of Change in ADS Ratio Clause in Contracts

Change in ADS Ratio. If after the Issuance Date the ADS ratio is increased or reduced, then the number of Warrant ADSs to be provided on exercise of a Warrant will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio Ordinary Shares per ADS.

Appears in 17 contracts

Samples: AnPac Bio-Medical Science Co., Ltd., AnPac Bio-Medical Science Co., Ltd., AnPac Bio-Medical Science Co., Ltd.

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Change in ADS Ratio. If after the Issuance Date the ADS ratio is increased or reduced, then the number of Warrant ADSs to be provided on exercise of a Warrant will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio Ordinary Shares per ADS and the Exercise Price per Warrant will be increased or reduced (respectively) in proportion to the change in Ordinary Shares per ADS, so that the total number or Warrant Shares underlying the Warrants and the aggregate Exercise Price for all Warrants remain unchanged.

Appears in 12 contracts

Samples: Steakholder Foods Ltd., Steakholder Foods Ltd., Steakholder Foods Ltd.

Change in ADS Ratio. If after the Issuance Date the ADS ratio of ADSs to Ordinary Shares is increased or reduced, then the number of Warrant ADSs to be provided on delivered upon exercise of a this Warrant and the Exercise Price per Warrant ADS will each be reduced or increased (respectively) in inverse proportion to proportionately adjusted so that the change in the ADS ratio Ordinary Shares per ADSaggregate Exercise Price remains unchanged.

Appears in 8 contracts

Samples: Quoin Pharmaceuticals, Ltd., Quoin Pharmaceuticals, Ltd., Akari Therapeutics PLC

Change in ADS Ratio. If If, after the Issuance Date date of issuance, the ADS ratio is increased or reduced, then the number of Warrant ADSs Shares to be provided on exercise of a Warrant will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio of Ordinary Shares per ADS.

Appears in 7 contracts

Samples: Lion Group Holding LTD, Lion Group Holding LTD, Lion Group Holding LTD

Change in ADS Ratio. If after the Issuance Date the ADS ratio Ratio is increased or reduced, then the number of Warrant ADSs to be provided on exercise of a Warrant will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio Ratio Ordinary Shares per ADS and the Exercise Price per Warrant will be increased or reduced (respectively) in proportion to the change in Ordinary Shares per ADS, so that the total number or Warrant Shares underlying the Warrants and the aggregate Exercise Price for all Warrants remain unchanged.

Appears in 4 contracts

Samples: Benitec Biopharma LTD/ADR, IMMUTEP LTD, Ads Warrant Agent Agreement (Benitec Biopharma LTD/ADR)

Change in ADS Ratio. If If, after the Issuance Date Issue Date, the ADS ratio Ratio is increased or reduced, then the number of Warrant ADSs (represented by ADRs) to be provided issued on exercise of a this Warrant Certificate will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio Ratio, and the Exercise Price per Warrant ADS will be increased or reduced (respectively) in proportion to the change in the number Ordinary Shares issuable per ADS, so that the aggregate Exercise Price remains unchanged.

Appears in 3 contracts

Samples: Credit Agreement (Trinity Biotech PLC), Trinity Biotech PLC, Trinity Biotech PLC

Change in ADS Ratio. If after the Issuance Date the number of Ordinary Shares represented by an ADS ratio is increased or reduced, then the number of Warrant ADSs to be provided on exercise of a Warrant will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio Ordinary Shares per ADS.

Appears in 3 contracts

Samples: Underwriting Agreement (HW Electro Co., Ltd.), Underwriting Agreement (HW Electro Co., Ltd.), Underwriting Agreement (Yoshitsu Co., LTD)

Change in ADS Ratio. If If, after the Issuance Date date of issuance, the ADS ratio is increased or reduced, then the number of Warrant ADSs Conversion Shares to be provided on exercise conversion of a Warrant the Debentures will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio Ordinary Shares of ADSs per ADS.

Appears in 3 contracts

Samples: Lion Group Holding LTD, Lion Group Holding LTD, Lion Group Holding LTD

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Change in ADS Ratio. If after the Issuance Original Issue Date the number of Ordinary Shares represented by one ADS ratio is increased or reduced, then the number of Warrant ADSs to be provided on exercise of a Warrant will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio ADS-to-Ordinary Shares per ADSratio.

Appears in 3 contracts

Samples: Mesoblast LTD, Mesoblast LTD, Mesoblast LTD

Change in ADS Ratio. If after the Issuance Date the ADS ratio of ADSs to Ordinary Shares is increased or reduced, then the number of Warrant ADSs Shares to be provided on delivered upon exercise of a this Warrant will be reduced or increased (respectively) in inverse proportion to the change in the ADS such ratio and the Exercise Price per Warrant will be increased or reduced (respectively) in proportion to the change in Ordinary Shares per ADS, so that the total number or Warrant Shares underlying the this Warrant and the aggregate Exercise Price for this Warrant remain unchanged.

Appears in 2 contracts

Samples: Amendment Agreement (Cellect Biotechnology Ltd.), Securities Purchase Agreement (Cellect Biotechnology Ltd.)

Change in ADS Ratio. If after the Issuance Date the ADS ratio Ratio is increased or reduced, then the number of Warrant ADSs to be provided on exercise of a Warrant will be reduced or increased (respectively) in inverse proportion to the change in the Ordinary Shares per ADS ratio and the Exercise Price per Warrant will be increased or reduced (respectively) in proportion to the change in Ordinary Shares per ADS, so that the total number of Warrant ADSs underlying the Warrants and the aggregate Exercise Price for all Warrants remain unchanged.

Appears in 2 contracts

Samples: Warrant Agent Agreement (Advanced Human Imaging LTD), Advanced Human Imaging LTD

Change in ADS Ratio. If If, after the Issuance Date date of issuance, the ADS ratio is increased or reduced, then the number of Warrant ADSs Conversion Shares to be provided on exercise conversion of a Warrant this Debenture will be reduced or increased (respectively) in inverse proportion to the change in the ADS ratio of Ordinary Shares per ADS.

Appears in 1 contract

Samples: Lion Group Holding LTD

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