Reset. On the Reset Date, the Exercise Price shall be adjusted to equal the lower of (a) the Exercise Price then in effect (after taking into account and adjusting for the reverse stock split) and (b) 100% of the applicable Reset Price determined as of the applicable date of determination.
Appears in 4 contracts
Samples: Common Stock Purchase Warrant (LogicMark, Inc.), Wisa Technologies, Inc., Wisa Technologies, Inc.
Reset. On the Reset Date, the Exercise Price shall be adjusted to equal the lower of (a) the Exercise Price then in effect (after taking into account and adjusting for the reverse stock split) and (b) 100% of the applicable Reset Price determined as of the applicable date of determination.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Soluna Holdings, Inc), Common Stock Purchase Warrant (NXT-Id, Inc.)