Section 3(a)(9) Exchange. The parties acknowledge and agree that the Exchange is being completed in accordance with Section 3(a)(9) of the Securities Act. The Company acknowledges that, effective upon consummation of the Exchange, the Exchange Shares will take on the registered characteristics of the Existing Warrants and that accordingly will be issued by the Company without any restrictive legends. The Company agrees not to take a position contrary to this Section 5. The Company shall not require the Holder to obtain an opinion of its counsel in connection with the Company’s issuance of the Exchange Shares as contemplated hereby.
Appears in 4 contracts
Samples: Warrant Exchange Agreement (Kaleyra, Inc.), Warrant Exchange Agreement (Rexahn Pharmaceuticals, Inc.), Warrant Exchange Agreement (Rexahn Pharmaceuticals, Inc.)
