Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, and the Exercise Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 17 contracts
Samples: Purchase Stock (Velo3D, Inc.), Purchase Stock (Grove Collaborative Holdings, Inc.), Loan and Security Agreement (Inmune Bio, Inc.)
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) Common Stock or other securities or property (other than cash)securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property to which Holder would have received been entitled had Holder owned the Shares of record as of the record date for the dividend or distribution occurreddividend. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of sharesshares or takes any other action which increase the amount of Common Stock into which the one share of the Class is convertible, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of sharesshares of the Class, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 8 contracts
Samples: Tetraphase Pharmaceuticals Inc, Tetraphase Pharmaceuticals Inc, Tetraphase Pharmaceuticals Inc
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) Common Stock or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased, provided the aggregate purchase price shall remain the same. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional sharesprovided the aggregate purchase price shall remain the same.
Appears in 6 contracts
Samples: Purchase Stock (Vapotherm Inc), Vapotherm Inc, Vapotherm Inc
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares Shares payable in common stock of the Class payable in additional shares of the Class (including fractional shares) Company, or other securities or property of the Company, then (other than cashunless waived by Gold Hill), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property to which Holder would have received been entitled had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Shares by reclassification or otherwise into a greater number of sharesshares or takes any other action which increase the amount of stock into which the Shares are convertible, the number of Shares shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 6 contracts
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder Xxxxxx owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, and the Exercise Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 3 contracts
Samples: Warrant to Purchase Stock (BioAge Labs, Inc.), Loan and Security Agreement (Owlet, Inc.), Warrant to Purchase Stock (Lantronix Inc)
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class Series C Preferred payable in additional shares of the Class (including fractional shares) common stock, or other securities or property (other than cash)securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property to which Holder would have received been entitled had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Series C Preferred by reclassification or otherwise into a greater number of sharesshares or takes any other action which increase the amount of securities into which the shares of Series C Preferred are convertible, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class Series C Preferred are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 3 contracts
Samples: Purchase Stock (Guidewire Software, Inc.), Guidewire Software, Inc., Guidewire Software, Inc.
Stock Dividends, Splits, Etc. If If, on or after the Issue Date, the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) common stock or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If If, on or after the Issue Date, the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If If, on or after the Issue Date, the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 3 contracts
Samples: Warrant Agreement (Paymentus Holdings, Inc.), Warrant Agreement (Leo Holdings III Corp.), Warrant Agreement (Local Bounti Corporation/De)
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) Common Stock or other securities or property (other than including in the form of cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property (including cash) which Holder would have received had Holder Xxxxxx owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased, provided the aggregate Warrant Price for the Shares shall remain the same. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional sharesprovided the aggregate Warrant Price for the Shares shall remain the same.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Eos Energy Enterprises, Inc.), Securities Purchase Agreement (Eos Energy Enterprises, Inc.)
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class Common Stock payable in additional shares of the Class (including fractional shares) Common Stock or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If If, following the closing of the Initial Public Offering, the Company subdivides the outstanding shares of the Class Common Stock by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If If, following the closing of the Initial Public Offering, the outstanding shares of the Class Common Stock are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 2 contracts
Samples: Forescout Technologies, Inc, Forescout Technologies, Inc
Stock Dividends, Splits, Etc. If the Company declares declares, pays or pays makes a dividend or distribution or bonus issue on the outstanding issued shares of the Class Ordinary Shares payable in additional shares of the Class (including fractional shares) or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding issued shares of the Class Ordinary Shares by reclassification or otherwise into a greater number of shares, the number of Shares purchasable subscribable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding issued shares of the Class Ordinary Shares are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 2 contracts
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class class or series included in a Unit payable in additional shares of the Class (including fractional shares) common stock or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquiredUnit acquired (a “Purchased Unit”), Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record securities or shares included in the Purchased Units as of the record date the for such dividend or distribution occurreddistribution. If the Company subdivides the outstanding shares of the Class class or series included in a Unit by reclassification or otherwise otherwise, into a greater number of shares, the number of Shares shares of such class or series purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class class or series included in a Unit are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shares of such class or series purchasable hereunder shall be proportionately decreased, even if such number would include fractional shares.
Appears in 2 contracts
Samples: Assignment Agreement (Aquinox Pharmaceuticals, Inc), Assignment Agreement (Aquinox Pharmaceuticals (Usa) Inc)
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) common stock or other securities or property (other than including in the form of cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property (including cash) which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased, provided the aggregate purchase price shall remain the same. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional sharesprovided the aggregate purchase price shall remain the same.
Appears in 2 contracts
Samples: Equity Line Agreement (Senseonics Holdings, Inc.), Senseonics Holdings, Inc.
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares Shares payable in common stock of the Class payable in additional shares of the Class (including fractional shares) Company, or other securities or property of the Company (except for any securities of any other than cashbusiness unit that is not material to the Company’s principal business that the Company may choose to spin-off), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property to which Holder would have received been entitled had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Shares by reclassification or otherwise into a greater number of sharesshares or takes any other action which increases the amount of stock into which the Shares are convertible, the number of Shares shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 2 contracts
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class Shares payable in additional shares of the Class (including fractional shares) common stock, or other securities or property (other than cash)securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property to which Holder would have received been entitled had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Shares by reclassification or otherwise into a greater number of sharesshares or if the Shares are convertible into stock of another class or series takes any other action which increase the amount of stock into which the Shares are convertible, the number of Shares shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: Adept Technology Inc
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class Shares payable in additional shares of the Class (including fractional shares) common stock, or other securities or property (other than cash)securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property to which Holder would have received been entitled had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Shares by reclassification or otherwise into a greater number of sharesshares or takes any other action which increase the amount of stock into which the Shares are convertible, the number of Shares shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If 1 Using the defined term Shares will reflect the fact that these will be post-merger securities and will not actually be the Series A Preferred. the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: U S Wireless Data Inc
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class common stock payable in additional shares of the Class common stock (including fractional shares) or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class common stock by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, and the Exercise Price shall be proportionately decreased. If the outstanding shares of the Class common stock are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: Calidi Biotherapeutics, Inc.
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) or other securities WEST\297274011.4 or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, and the Exercise Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: Lucira Health, Inc.
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares Shares payable in common stock of the Class payable in additional shares of the Class (including fractional shares) Company, or other securities or property of the Company, then (other than cashunless waived by Gold Hill), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property to which Holder would have received been entitled had Holder Xxxxxx owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Shares by reclassification or otherwise into a greater number of sharesshares or takes any other action which increase the amount of stock into which the Shares are convertible, the number of Shares shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: www.sec.gov
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, and the Exercise Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Price shall be 116802684v5 proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Stock Dividends, Splits, Etc. If the Company Company, at any time while this Warrant is outstanding, declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) common stock or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: Imprimis Pharmaceuticals, Inc.
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder Xxxxxx owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, and the Exercise Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by Exhibit 10.3 reclassification or otherwise, into a lesser number of shares, the Exercise Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: Warrant to Purchase Stock (MedAvail Holdings, Inc.)
Stock Dividends, Splits, Etc. If If, prior to the earlier of the Expiration Date or the exercise or conversion, in full, of this Warrant, the Company declares or pays a dividend or distribution on the outstanding shares of the Class Common Stock, payable in additional shares of the Class (including fractional shares) Common Stock or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Common Stock by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased, provided the aggregate purchase price shall remain the same. If the outstanding shares of the Class Common Stock are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional sharesprovided the aggregate purchase price shall remain the same.
Appears in 1 contract
Samples: Spectrum Pharmaceuticals Inc
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class Company's Series C Convertible Preferred Stock, $0.01 par value per share ("Series C Stock"), payable in additional shares of the Class (including fractional shares) Series C Stock or other securities or property (other than cash)securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property to which Holder would have received been entitled had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Shares by reclassification or otherwise into a greater number of sharesshares or takes any other action which increases the amount of stock into which the Shares are convertible, the number of Shares shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class Shares are combined or consolidated, by reclassification or otherwise, into a lesser number of sharesShares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class (including fractional shares) or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder Xxxxxx owned the Shares of record as of the date the dividend or distribution occurred. If the Company Exhibit 10.2 subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, and the Exercise Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: Warrant to Purchase Stock (MedAvail Holdings, Inc.)
Stock Dividends, Splits, Etc. If the Company declares or pays after the Issue Date a dividend or distribution on the outstanding shares of the Class Shares payable in additional shares of the Class (including fractional shares) Common Stock, or other securities or property (other than cashShares), or other property, including cash (the “Accumulated Dividends”), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property Accumulated Dividends to which Holder would have received been entitled had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of Shares after the Class Issue Date by reclassification reclassification, dividend or otherwise into a greater number of sharesShares, the number of Shares purchasable hereunder shall be proportionately increased, even if such number would include fractional shares, increased and the Exercise Warrant Price shall be proportionately decreased. If the outstanding shares of the Class Shares are combined or consolidatedconsolidated after the Issue Date, by reclassification or otherwise, into a lesser number of sharesShares, the Exercise Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased, even if such number would include fractional shares.
Appears in 1 contract
Samples: Senorx Inc