Initial and Adjusted Exercise Prices. The initial exercise price of each Common Stock Warrant shall be $3.00 per Share. The adjusted exercise price shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Section 8 of this Agreement. The term “Exercise Price” herein shall mean the initial exercise price or the adjusted exercise price, depending upon the context.
Initial and Adjusted Exercise Prices. The initial exercise price of Warrant No. 1 shall be $5.50 per Share and the initial exercise price of Warrant No. 2 shall be $.11 per Redeemable Warrant. The adjusted exercise price shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Article 8 hereof.
Initial and Adjusted Exercise Prices. The initial exercise price of each Common Stock Underwriter Warrant shall be $8.25 per share (165% of the public offering price). The initial exercise price of each Warrant Underwriter Warrant shall be $.20625 per Underlying Warrant (165% of the public offering price). The initial exercise price of each Underlying Warrant shall be $8.25 per share. The adjusted exercise price shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Section 8 hereof. The Warrant Underwriter Warrants and the Underlying Warrants are exercisable during the five (5) year period commencing on the Effective Date.
Initial and Adjusted Exercise Prices. The initial Unit Exercise Price of each Representative's Warrant shall be $6.15 per Unit (120% of the Unit IPO Price), or $6.00 per Share and $.15 per Warrant, that make up the Underlying Warrants. The initial Underlying Warrant Share Exercise Price of each Underlying Warrant shall be the IPO exercise price. The adjusted exercise price of any Warrant Security shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Article 8. The Representative's Warrants and the Underlying Warrants are exercisable during the four year period commencing on the Purchase Date.
Initial and Adjusted Exercise Prices. The initial exercise price of each Common Stock Representative Warrant shall be $8.25 per share (165% of the public offering price). The initial exercise price of each Warrant Representative Warrant shall be $.20625 per Underlying Warrant (165% of the public offering price). The initial exercise price of each Underlying Warrant shall be $8.25 per share. The adjusted exercise price shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Section 8 hereof. The Warrant Representative Warrants and the Underlying Warrants are exercisable during the five (5) year period commencing on the Effective Date.
Initial and Adjusted Exercise Prices. The initial exercise price of each Common Stock Representative Warrant shall be $____ per share (120% of the public offering price) . The initial exercise price of each Warrant Representative Warrant shall be $____ per Underlying Warrant (120% of the public offering price). The initial exercise price of each Underlying Warrant shall be $____ per share (120% of the public offering price). The adjusted exercise price shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Article 8 hereof.
Initial and Adjusted Exercise Prices. The initial exercise price of each Common Stock Representative Warrant shall be $_____ per share (120% of the Common Stock IPO Price). The initial exercise price of each Warrant Representative Warrant shall be $.15 per Underlying Warrant (120% of the Warrant IPO Price). The initial exercise price of each Underlying Warrant shall be $____ per share (150% of the Common Stock IPO Price). The adjusted exercise price shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Article 8 hereof. The Warrant Representative Warrants and the Underlying Warrants are exercisable during the four (4) year period commencing one year from the Effective Date.
Initial and Adjusted Exercise Prices. Except as otherwise provided in Section 8 hereof, the initial exercise price of each Representative's Warrant shall be $_____ per share of Common Stock purchased thereunder. The adjusted exercise price of the Common Stock shall be the price that results from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Section 8 hereof.
Initial and Adjusted Exercise Prices. The initial exercise price of each Common Stock Underwrce of each Warrant Underwriter Warrant shall be $.20625 per Underlying Warrant (165% of the public offering price). The initial exercise price of each Underlying Warrant shall be $8.25 per share. The adjusted exercise price shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Section 8 hereof. The Warrant Underwriter Warrants and the Underlying Warrants are exercisable during the five (5) year period commencing on the Effective Date.
Initial and Adjusted Exercise Prices. The initial Share Exercise Price of each Common Stock Representative's Warrant shall be $6.00 per share (120% of the Common Stock IPO Price) . The initial Underlying Warrant Exercise Price of each Warrant Representative's Warrant shall be $.153 and $.075 per Series A Warrants and Series B Warrants, respectively, that make up the Underlying Warrants (120% of the Warrant IPO Price). The initial Underlying Warrant Share Exercise Price of each Underlying Warrant shall be the Warrant IPO Price. The adjusted exercise price of any Warrant Security shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Article 8. The Warrant Representative's Warrants and the Underlying Warrants are exercisable during the four year period commencing on the Purchase Date.
