Common use of Reclassification, Recapitalization, etc Clause in Contracts

Reclassification, Recapitalization, etc. If the Company at any time shall, by subdivision, combination or reclassification of securities, recapitalization, automatic conversion, rights offering or other similar event affecting the number or character of outstanding shares of Common Stock, or otherwise, change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this Warrant shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities that were subject to the purchase rights under this Warrant immediately prior to such subdivision, combination, reclassification or other change (and the term “Common Stock” as used in this Section 6 shall thereafter refer to such other type or class of securities, as applicable).

Appears in 3 contracts

Samples: Industrial Tech Acquisitions II, Inc., Industrial Tech Acquisitions II, Inc., Industrial Tech Acquisitions II, Inc.

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Reclassification, Recapitalization, etc. If the Public Company at any time shall, by subdivision, combination or reclassification of securities, recapitalization, automatic conversion, rights offering or other similar event affecting the number or character of outstanding shares of Common StockOrdinary Shares, or otherwise, change any of the securities as to which purchase rights under this represented by a Warrant exist into the same or a different number of securities of any other class or classes, this each Warrant shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities that were subject to the purchase rights under this represented by a Warrant immediately prior to such subdivision, combination, reclassification or other change (and the term “Common StockOrdinary Shares” as used in this Section 6 Warrant Agreement shall thereafter refer to such other type or class of securities, as applicable).

Appears in 1 contract

Samples: Warrant Agreement (Sportradar Group AG)

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Reclassification, Recapitalization, etc. If the Company at any time shall, by subdivision, combination or reclassification of securities, recapitalization, automatic conversion, rights offering or other similar event affecting the number or character of outstanding shares of Common StockOrdinary Shares, or otherwise, change any of the securities as to which purchase rights under this represented by a Warrant exist into the same or a different number of securities of any other class or classes, this each unexercised Warrant shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities that were subject to the purchase rights under this represented by a Warrant immediately prior to such subdivision, combination, reclassification or other change (and the term “Common StockOrdinary Shares” as used in this Section 6 shall thereafter refer to such other type or class of securities, as applicable).

Appears in 1 contract

Samples: Genius Sports LTD

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