Common use of Issuance of New Common Stock Warrant Clause in Contracts

Issuance of New Common Stock Warrant. Within three (3) Trading Days of the Closing Date, the Company shall deliver to the Holder (i) a New Warrant to purchase up to a number of shares of Common Stock equal to one half of the number of Exercised Shares (the “New Warrant Shares” and, together with the Original Warrant Shares, the “Warrant Shares”) and (ii) a replacement of the Original Warrant representing the balance, if any, of the Original Warrant Shares less the Exercised Shares. The New Warrant shall be immediately exercisable at an exercise price of $3.25 per share (subject to adjustment as provided therein) and will expire on July 21, 2022. The New Warrant shall otherwise be substantially in the form attached hereto on Exhibit A.

Appears in 1 contract

Samples: Warrant Exercise Agreement (OncoCyte Corp)

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Issuance of New Common Stock Warrant. Within three (3) Trading Days of the Closing Date, the Company shall deliver to the Holder (i) a New Warrant to purchase up to a number of shares of Common Stock equal to one half of the number of Exercised Shares (the “New Warrant Shares” and, together with the Original Warrant Shares, the “Warrant Shares”) and (ii) a replacement of the Original Warrant representing the balance, if any, of the Original Warrant Shares less the Exercised Shares. The New Warrant shall be immediately exercisable at an exercise price of $3.25 5.50 per share (subject to adjustment as provided therein) and will expire on July 21, 2022. The New Warrant shall otherwise be substantially in the form attached hereto on Exhibit A.

Appears in 1 contract

Samples: Warrant Exercise Agreement (OncoCyte Corp)

Issuance of New Common Stock Warrant. Within three (3) Trading Days of the Closing Datedate hereof, the Company shall deliver to the Holder (i) a New Warrant to purchase up to a number of shares of Common Stock equal to one half of the number of Exercised Shares (the “New Warrant Shares” and, together with the Original Warrant Shares, the “Warrant Shares”) and (ii) a replacement of the Original Warrant representing the balance, if any, of the Original Warrant Shares less the Exercised Shares. The New Warrant shall be immediately exercisable at an exercise price of $3.25 per share (subject to adjustment as provided therein) and will expire on July 21February 17, 2022. The New Warrant shall otherwise be substantially in the form attached hereto on Exhibit A.

Appears in 1 contract

Samples: Warrant Exercise Agreement (OncoCyte Corp)

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Issuance of New Common Stock Warrant. Within three (3) Trading Days of the Closing Datedate hereof, the Company shall deliver to the Holder (i) a New Warrant to purchase up to a number of shares of Common Stock equal to one half of the number of Exercised Shares (the “New Warrant Shares” and, together with the Original Warrant Shares, the “Warrant Shares”) and (ii) a replacement of the Original Warrant representing the balance, if any, of the Original Warrant Shares less the Exercised Shares. The New Warrant shall be immediately exercisable at an exercise price of $3.25 5.50 per share (subject to adjustment as provided therein) and will expire on July 21February 17, 2022. The New Warrant shall otherwise be substantially in the form attached hereto on Exhibit A.

Appears in 1 contract

Samples: Warrant Exercise Agreement (OncoCyte Corp)

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