Split, Subdivision or Combination. If the Company at any time while this Warrant, or any portion hereof, remains outstanding and unexpired shall split, subdivide or combine the securities as to which purchase rights under this Warrant exist, into a different number of securities of the same class, the Exercise Price for such securities shall be proportionately decreased in the case of a split or subdivision or proportionately increased in the case of a combination and the number of shares subject to the Warrant shall be proportionately increased in the case of a split or subdivision and proportionately decreased in the case of a combination.
Appears in 3 contracts
Samples: Warrant Agreement (Cibus Global, Ltd.), Warrant Agreement (Cibus Global, Ltd.), Warrant Agreement (Cibus Global, Ltd.)
Split, Subdivision or Combination. If the Company at any time while this Warrant, or any portion hereof, remains outstanding and unexpired shall split, subdivide or combine the securities as to which purchase rights under this Warrant exist, into a different number of securities of the same class, the Exercise Price for such securities shall be proportionately decreased in the case of a split or subdivision or proportionately increased in the case of a combination and the number of shares units subject to the Warrant shall be proportionately increased in the case of a split or subdivision and proportionately decreased in the case of a combination.
Appears in 1 contract
