Common use of Exercise Upon Acquisition Clause in Contracts

Exercise Upon Acquisition. Upon the closing of any Acquisition in which the consideration to be received by the Company’s stockholders consists of cash, marketable securities, or a combination of both cash and marketable securities, this warrant shall be deemed to have been automatically converted pursuant to Section 1.2, and thereafter Holder shall participate in the Acquisition on the same terms as other holders of the same class of securities of the Company.

Appears in 11 contracts

Samples: ’ Rights Agreement (Sera Prognostics, Inc.), ’ Rights Agreement (Sera Prognostics, Inc.), Purchase Agreement (Sera Prognostics, Inc.)

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Exercise Upon Acquisition. Upon the closing of any Acquisition in which the consideration to be received by the Company’s stockholders consists of cash, marketable securities, or a combination of both cash and marketable securities, this warrant shall be deemed to have been automatically converted pursuant to Section 1.2, and thereafter Holder shall participate in the Acquisition on the same terms as other holders of the same class of securities of the Company.

Appears in 2 contracts

Samples: Cirius Therapeutics, Inc., Cirius Therapeutics, Inc.

Exercise Upon Acquisition. Upon the closing of any Acquisition in which the consideration to be received by the Company’s stockholders consists of cash, marketable securitiesMarketable Securities, or a combination of both cash and marketable securitiesMarketable Securities, this warrant shall be deemed to have been automatically converted pursuant to Section 1.2, and thereafter Holder shall participate in the Acquisition on the same terms as other holders of the same class of securities of the Company.

Appears in 2 contracts

Samples: Adoption Agreement (Braze, Inc.), Adoption Agreement (Braze, Inc.)

Exercise Upon Acquisition. Upon the closing of any Acquisition in which the consideration to be received by the Company’s stockholders consists of cash, marketable securitiessecurities of a publicly traded company, or a combination of both cash and marketable securitiessecurities of a publicly traded company, this warrant shall be deemed to have been automatically converted pursuant to Section 1.2, and thereafter Holder shall participate in the Acquisition on the same terms as other holders of the same class of securities of the Company.

Appears in 2 contracts

Samples: Voting Agreement (Nalu Medical, Inc.), Voting Agreement (Nalu Medical, Inc.)

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Exercise Upon Acquisition. Upon the closing of any Acquisition in which the consideration to be received by the Company’s stockholders consists of cash, marketable securities, or a combination of both cash and marketable securities, this warrant shall be deemed to have been automatically converted exercised pursuant to Section 1.2, and thereafter Holder shall participate in the Acquisition on the same terms as other holders of the same class of securities of the Company. For avoidance of doubt, this Section 1.6.2 shall not apply to a reincorporation of the Company.

Appears in 1 contract

Samples: Cidara Therapeutics, Inc.

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