Common use of Exercise Floor Price Clause in Contracts

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price of Ordinary Shares issued in the Company’s initial public offering (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: Ordinary Shares Purchase Warrant (Jeffs' Brands LTD), Ordinary Shares Purchase Warrant (Jeffs' Brands LTD), Ordinary Shares Purchase Warrant (Jeffs' Brands LTD)

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Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price Initial Exercise Price of Ordinary Shares warrants issued in the Company’s initial public offering (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: Ordinary Shares Purchase Warrant (Wearable Devices Ltd.), Ordinary Shares Purchase Warrant (Wearable Devices Ltd.), Ordinary Shares Purchase Warrant (Wearable Devices Ltd.)

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price of Ordinary Shares the Common Stock issued in the Company’s initial public offering (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 3 contracts

Samples: Warrant Agency Agreement (Mitesco, Inc.), Common Stock Purchase Warrant (Innovative Eyewear Inc), Common Stock Purchase Warrant (Innovative Eyewear Inc)

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price of Ordinary Shares issued in the Company’s initial public offering Initial Exercise Price (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 (Elate Group, Inc.), Common Stock Purchase Warrant (Elate Group, Inc.)

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price Initial Exercise Price of Ordinary Shares warrants issued in the Company’s initial public offering (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 (Elate Group, Inc.), Common Stock Purchase Warrant (Elate Group, Inc.)

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per share purchase price of Ordinary Shares each Unit issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) 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: Ordinary Shares Purchase Warrant (Polyrizon Ltd.), Ordinary Shares Purchase Warrant (Jeffs' Brands LTD)

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Exercise Floor Price. No adjustment to the Exercise Price pursuant to this Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per $0.0001 (as adjusted pursuant to Section 3(a) hereof for share price of Ordinary Shares issued in the Company’s initial public offering (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: Security Agreement (Adamis Pharmaceuticals Corp), Securities Agreement (Adamis Pharmaceuticals Corp)

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per share purchase price of Ordinary Shares each Unit issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) 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 this Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per $0.001 (as adjusted pursuant to Section 3(a) hereof for share price of Ordinary Shares issued in the Company’s initial public offering (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: Securities Agreement (T2 Biosystems, Inc.)

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