Common use of Nature and Purchase of Units for Shares of Common Stock and Warrants Clause in Contracts

Nature and Purchase of Units for Shares of Common Stock and Warrants. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to sell an aggregate of [●] units (the “Units”), each comprised of one share (each a “Firm Share”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”) and one warrant to purchase one share of Common Stock at an exercise price of $[●] per share (the “Firm Warrants” and, collectively with the Firm Shares and Units, the “Securities”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of the Units set forth on Schedule 2-A hereto set forth opposite their respective names on Schedule 2-A attached hereto. The purchase price for one Unit comprised of one share of Common Stock and one Firm Warrant to purchase one share of Common Stock shall be $[●] (93.75% of the public offering price), which shall be allocated as $[●] per share of Common Stock (the “Share Purchase Price”) and $0.009375 per Warrant (the “Warrant Purchase Price”). The Units are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2(a)(i)(A) hereof) (the “Purchase Price”).

Nature and Purchase of Units for Shares of Common Stock and Warrants. (i) On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to sell an aggregate of [●] units (the “Units”), each comprised of one share (each a “Firm Share”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”) and one two warrant s, each to purchase one share of Common Stock at an exercise price of $[●] per share (the “Firm Warrants” and, collectively with the Firm Shares and Units, the “Securities”). (ii) The Underwriters, severally and not jointly, agree to purchase from the Company the number of the Units set forth on Schedule 2-A hereto set forth opposite their respective names on Schedule 2-A attached hereto. The purchase price for one Unit comprised of one share of Common Stock and one two Firm Warrant s, each to purchase one share of Common Stock shall be $[●] (93.75% of the public offering price), which shall be allocated as $[●] per share of Common Stock (the “Share Purchase Price”) and $0.009375 per Warrant (the “Warrant Purchase Price”). The Units are to be offered initially to the public at the offering price set forth on the cover page of the Prospectus (as defined in Section 2(a)(i)(A) hereof) (the “Purchase Price”).