Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.
Appears in 8 contracts
Samples: Common Stock Purchase Warrant (Felicitex Therapeutics Inc.), Common Stock Purchase Warrant (Elate Group, Inc.), Common Stock Purchase Warrant (Felicitex Therapeutics Inc.)
Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant hereof shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.
Appears in 6 contracts
Samples: Common Share Purchase Warrant (Clearmind Medicine Inc.), Ordinary Shares Purchase Warrant (Innovation Beverage Group LTD), Ordinary Shares Purchase Warrant (ParaZero Technologies Ltd.)
Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.
Appears in 4 contracts
Samples: Common Stock Purchase Warrant (Infinite Group Inc), Common Stock Purchase Warrant (Infinite Group Inc), Common Stock Purchase Warrant (Bruush Oral Care Inc.)
Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Bruush Oral Care Inc.), Ordinary Shares Purchase Warrant (Wearable Devices Ltd.)
Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.
Appears in 1 contract
Samples: Ordinary Shares Purchase Warrant (Wearable Devices Ltd.)
Exercise Floor Price. No adjustment to the Exercise Price pursuant to each of Section 3(b) or Section 3(f) of this Warrant hereof shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Share Combination Event and/ or Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.
Appears in 1 contract
Samples: Common Share Purchase Warrant (Clearmind Medicine Inc.)
Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price per share price of warrants Ordinary Shares issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.
Appears in 1 contract
Samples: Ordinary Shares Purchase Warrant (Jeffs' Brands LTD)
Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, events (the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.
Appears in 1 contract
