Reverse Split. If the number of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding Common Stock or reverse split, then, immediately after the effective date of such combination, the Conversion Price shall be appropriately increased so that the holder of this Note thereafter exchanged shall be entitled to receive the percentage of shares of Common Stock which such holder would have owned immediately following such action had this Note been exchanged immediately prior thereto.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Co-Diagnostics, Inc.), Intercreditor and Subordination Agreement (Co-Diagnostics, Inc.), HyreCar Inc.
Reverse Split. If the number of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding Common Stock or reverse split, then, immediately after the effective date of such combination, the Conversion Price shall be appropriately increased so that the holder Holder of this Note thereafter exchanged shall be entitled to receive the percentage of shares of Common Stock which such holder Holder would have owned immediately following such action had this Note been exchanged immediately prior thereto.
Appears in 1 contract
Samples: Relmada Therapeutics, Inc.
Reverse Split. If the number of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding Common Stock or reverse split, then, immediately after the effective date of such combination, the Conversion Exercise Price shall be appropriately increased so that the holder Holder of this Note thereafter exchanged shall be entitled to receive the percentage of shares of Common Stock which such holder Holder would have owned immediately following such action had this Note been exchanged immediately prior thereto.
Appears in 1 contract
Samples: Relmada Therapeutics, Inc.