Placement Agent Warrant. On the Closing Date, the Company shall have delivered to the Placement Agent an executed copy of the Placement Agent Warrant in such designations as requested by the Placement Agent.
Placement Agent Warrant. As consideration for serving as our placement agent in connection with the private placement of Series A Preferred Stock, we issued to Xxxxxxx & Company (UK) Ltd. a seven-year warrant to purchase up to 35,076 shares of common stock at an exercise price of $1.84 per share. The terms of this warrant are otherwise identical to the Five-Year Warrants described above.
Placement Agent Warrant. At each Closing, the Company agrees to sell to the Placement Agent a Warrant to purchase a number of shares of the Company's Common Stock equal to five percent (5%) of the number of Conversion Shares sold into which the Notes sold at such Closing are convertible (the "Placement Agent Warrant") at a purchase price of $.001 per share of Common Stock covered by the Placement Agent Warrant. The Placement Agent Warrant will be exercisable at any time before the fifth anniversary of the initial Closing at a price of $0.875 (subject to adjustments for stock dividends, splits, combinations and certain other issuances of Common Stock or Common Stock equivalents, all as provided in the Placement Agent Warrant). The Placement Agent Warrant will be in a form reasonably satisfactory to the Company and the Placement Agent.
Placement Agent Warrant. A Common Stock purchase warrant by and ----------------------- between the Company and the Placement Agent, dated as of the date hereof.
Placement Agent Warrant. As consideration for serving as our placement agent in connection with the private placement of Series C Preferred Stock, we issued to Xxxxxxx & Company (UK) Ltd. a warrant to purchase up to 177,057 shares of common stock. The terms of this warrant are identical to the Five-Year Warrants described above.
Placement Agent Warrant. As consideration for serving as placement agent in connection with certain private placements, the Company issued Palladium Capital Advisors, LLC a five-year warrant to purchase up to 430,740 shares of Common Stock at an exercise price of $1.80 per share. The terms of this warrant are identical to the March $1.80 Warrants described above.
Placement Agent Warrant. At the Closing, the Company shall sell to the Placement Agent warrants to purchase 25,000 shares of the Company's common stock for each $1,000,000 of gross proceeds to the Company from the Offering, prorated for any amount less than $1,000,000 (the "Placement Agent Warrant"), at a purchase price of $.001 per share of the Company's common stock underlying the Placement Agent Warrant (the "Warrant Shares"). The Placement Agent Warrant shall be exercisable at any time before the fifth anniversary of the Closing at an exercise price per share of $.40. The Placement Agent Warrant shall be in a form satisfactory to the Company and the Placement Agent.
Placement Agent Warrant. At the Closing, the Company shall sell to the Placement Agent warrants to purchase 61,564 shares of the Company's Common Stock (the "Placement Agent Warrant"), at a purchase price of $.001 per share of Common Stock underlying the Placement Agent Warrant (the "Warrant Shares"). The Placement Agent Warrant shall be exercisable at any time before the fifth anniversary of the Closing at an exercise price per share equal to one hundred twenty percent (120%) of the Offering Price. The Placement Agent Warrant shall be in a form satisfactory to the Company and the Placement Agent.
Placement Agent Warrant. Subject to any applicable stock exchange and regulatory requirements or approvals, the MDB or its designees shall be granted a five-year Warrant for common shares or an equivalent interest equal to 8% of the underlying shares of the equity securities that are part of the Private Placement, exercisable at a price equal to the effective price per share of the Private Placement and will include a cashless exercise provision. For the purposes of this Agreement, equity securities shall be deemed to include any form of common or preferred stock or any security or instrument which is directly or through warrants, options, or similar instruments, convertible into, or exchangeable for, equity securities of the Company.
Placement Agent Warrant. The Company hereby agrees to issue and sell to the Placement Agent (and/or its permitted designees) on the Initial Closing Date a warrant to purchase an amount of Units (“Placement Agent’s Unit Warrant”), equal to an aggregate of 5.0% of the Units sold in the Offering, for an aggregate purchase price of $100.00 at the Initial Closing Date. In the event of multiple Closings, the Placement Agent will receive 5.0% of the Units sold in each Closing. The Placement Agent’s Unit Warrant, in substantially the form attached hereto as Exhibit A, shall be exercisable, in whole or in part, commencing on a date which is one (1) year after the date that it is issued (the “Issuance Date”) and expiring on the four-year anniversary of the Issuance Date at an initial exercise price per Unit of $5.32, which is equal to 125% of the offering price of the Units. The Common Stock issuable pursuant to the Placement Agent’s Unit Warrant, the Warrant issuable pursuant to the Placement Agent’s Unit Warrant (the “Placement Agent’s Share Purchase Warrant”) and the Common Stock issuable upon the exercise of the Placement Agent’s Share Purchase Warrant (the “Placement Agent’s Warrant Shares”) are hereinafter referred to together as the “Placement Agent’s Securities”. The Placement Agent understands and agrees that there are significant restrictions pursuant to the Financial Industry Regulatory Authority’s (“FINRA”) Rule 5110 against transferring the Placement Agent’s Securities during the one hundred eighty (180) days after the Issuance Date and by its acceptance thereof, the Placement Agent agrees that it will not sell, transfer, assign, pledge or hypothecate the Placement Agent’s Securities, or any portion thereof, and that it will not engage in any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of the Placement Agent’s Securities for a period of one hundred eighty (180) days following the Issuance Date to anyone other than (i) a selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of the Placement Agent or selected dealer; and only if any such transferee agrees to the foregoing lock-up restrictions. Delivery of a Placement Agent’s Unit Warrant shall be made on each Closing Date and shall be issued in the name or names and in such authorized denominations as the Placement Agent may request.
