Early Redemption and Put Option Exercise Period. The bondholder intending to exercise its Put Option shall request to the Issuer for early redemption during the period between sixty (60) days to thirty (30) days before the early redemption date (the “Put Option Exercise Period”), provided that, if the last day of the Put Option Exercise Period falls on a non-Business Day, then such last day shall be the next Business Day. Classification Put Option Exercise Period Early Redemption Date (YY-MM-DD) Early Redemption Ratio From To 60 days before 30 days before 1st Round 06/15/2024 07/15/2024 08/15/2024 105.6756% 2nd Round 09/15/2024 10/15/2024 11/15/2024 106.8516% 3rd Round 12/15/2024 01/15/2025 02/15/2025 108.0269% 4th Round 03/15/2025 04/15/2025 05/15/2025 109.2025% 5th Round 06/15/2025 07/15/2025 08/15/2025 110.4310% 6th Round 09/15/2025 10/15/2025 11/15/2025 111.6596% 7th Round 121/15/2025 01/15/2026 02/15/2026 112.8881%
Appears in 3 contracts
Samples: Convertible Bond Subscription Agreement (Exicure, Inc.), Convertible Bond Subscription Agreement (Exicure, Inc.), Convertible Bond Subscription Agreement (Exicure, Inc.)
Early Redemption and Put Option Exercise Period. The bondholder intending to exercise its Put Option shall request to the Issuer for early redemption during the period between sixty (60) days to thirty (30) days before the early redemption date (the “Put Option Exercise Period”), provided that, if the last day of the Put Option Exercise Period falls on a non-Business Day, then such last day shall be the next Business Day. Classification Put Option Exercise Period Early Redemption Date (YY-MM-DD) Early Redemption Ratio From To 60 days before 30 days before 1st Round 06/15/2024 07/15/2024 08/15/2024 06/02/2024 07/02/2024 08/02/2024 105.6756% 2nd Round 09/15/2024 10/15/2024 11/15/2024 09/02/2024 10/02/2024 11/02/2024 106.8516% 3rd Round 12/15/2024 01/15/2025 02/15/2025 12/02/2024 01/02/2025 02/02/2025 108.0269% 4th Round 03/15/2025 04/15/2025 05/15/2025 03/02/2025 04/02/2025 05/02/2025 109.2025% 5th Round 06/15/2025 07/15/2025 08/15/2025 06/02/2025 07/02/2025 08/02/2025 110.4310% 6th Round 09/15/2025 10/15/2025 11/15/2025 09/02/2025 10/02/2025 11/02/2025 111.6596% 7th Round 121/15/2025 01/15/2026 02/15/2026 121/02/2025 01/02/2026 02/02/2026 112.8881%
Appears in 3 contracts
Samples: Convertible Bond Subscription Agreement (Exicure, Inc.), Convertible Bond Subscription Agreement (Exicure, Inc.), Convertible Bond Subscription Agreement (Exicure, Inc.)
