Stock Splits and Dividends. If outstanding Shares shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares or if the Company shall pay a dividend or may any other distribution upon the Shares shall be payable in shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, or distribution be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If outstanding Shares shall be combined into a smaller number of Shares, the Exercise Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Price, the number of Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.
Appears in 4 contracts
Samples: Co Venture Agreement (VirTra, Inc), Co Venture Agreement (VirTra, Inc), Co Venture Agreement (Nuvola, Inc.)
Stock Splits and Dividends. If at any time during the term of this Warrant the number of outstanding Shares shall be subdivided shares of the Company's Common Stock is increased by a stock dividend payable in shares of the Company's Common Stock (by any stock split, recapitulationor in options to purchase or rights to subscribe for Common Stock, or otherwisesecurities that are convertible into or exchangeable for Common Stock, or options to purchase or rights to subscribe for such convertible or exchangeable securities (collectively, "Common Stock Rights")) into or by a greater number subdivision or split-up of Shares or if the Company shall pay a dividend or may any other distribution upon the Shares shall be payable in shares of Common Stock, then the Exercise Price in effect immediately prior to such subdivision or split-up or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution split-up or immediately after the record date of such dividend be proportionately reduced, and . If at any time during the term of this Warrant the number of Shares issuable upon exercise outstanding shares of this Warrant shall be proportionately increased. If outstanding Shares Common Stock shall be combined into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Windrose Medical Properties Trust), Purchase and Sale Agreement (Windrose Medical Properties Trust), Purchase and Sale Agreement (Windrose Medical Properties Trust)
Stock Splits and Dividends. If the Company’s outstanding Shares shares of the same class as the Warrant Stock shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares shares or if the Company shall pay a dividend or may any other distribution upon in the Shares Company’s shares of the same class as the Warrant Stock shall be payable paid in respect of the Company’s shares of Common the same class as the Warrant Stock, the Exercise Purchase Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution immediately after the record date of such dividend be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If the Company’s outstanding Shares shares of the same class as the Warrant Stock shall be combined into a smaller number of Sharesshares, the Exercise Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Purchase Price in effect immediately prior to such adjustment, by (ii) the Exercise Purchase Price in effect immediately after such adjustment.
Appears in 3 contracts
Samples: Series a Preferred Stock Purchase Agreement (zSpace, Inc.), Subordinated Convertible Promissory Note and Warrant Purchase Agreement (Aclarion, Inc.), Subordinated Convertible Promissory Note and Warrant Purchase Agreement (Aclarion, Inc.)
Stock Splits and Dividends. If outstanding Shares Units shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares Units or if the Company shall pay a dividend or may any other distribution upon the Shares Units shall be payable in shares of Common StockUnits, the Exercise Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, or distribution be proportionately reduced, and the number of Shares Units issuable upon exercise of this Warrant shall be proportionately increased. If outstanding Shares Units shall be combined into a smaller number of SharesUnits, the Exercise Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares Units issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Price, the number of Shares Units purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares Units issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.
Appears in 2 contracts
Samples: Co Venture Agreement (VirTra, Inc), Co Venture Agreement (Nuvola, Inc.)
Stock Splits and Dividends. If outstanding Shares shares of the Warrant Stock shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares shares or if the Company shall pay a dividend or may any other distribution upon the Shares in Warrant Stock shall be payable paid in shares respect of Common the Warrant Stock, the Exercise Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution immediately after the record date of such dividend be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If outstanding Shares shares of Warrant Stock shall be combined into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise PricePrice under this Section 2(a), the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.
Appears in 2 contracts
Samples: Warrant Agreement (Progenity, Inc.), Warrant Agreement (Progenity, Inc.)
Stock Splits and Dividends. If outstanding Shares shares of the Company's Preferred Stock or Common Stock (depending on the class of stock for which this warrant is then exercisable) shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares shares or if the Company shall pay a dividend in Preferred Stock or may any other distribution upon the Shares Common Stock, as applicable, shall be payable paid in shares respect of Preferred Stock or Common Stock, the Exercise Purchase Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution immediately after the record date of such dividend be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If outstanding Shares shares of Preferred Stock or Common Stock, as applicable, shall be combined into a smaller number of Sharesshares, the Exercise Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (ia) an amount equal to the number of Shares shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Purchase Price in effect immediately prior to such adjustment, by (iib) the Exercise Purchase Price in effect immediately after such adjustment.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Screaming Media Com Inc)
Stock Splits and Dividends. If If, at any time prior to Automatic Conversion of the Series RX-2 Preferred Stock, outstanding Shares shares of Series RX-2 Preferred Stock or Common Stock shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares shares of the same, or if the Company shall pay a dividend in Series RX-2 Preferred Stock or may any other distribution upon the Shares Common Stock shall be payable paid in shares respect of the Series RX-2 Preferred Stock or Common Stock, the Exercise Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution immediately after the record date of such dividend be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If outstanding Shares shares of Series RX-2 Preferred Stock or Common Stock shall be combined into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.
Appears in 1 contract
Stock Splits and Dividends. If outstanding Shares shares of the Company's -------------------------- Common Stock shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares shares (by stock split, recapitalization, reorganization, reclassification or if the Company shall pay otherwise) or a dividend or may any other distribution upon the Shares in Common Stock shall be payable paid in shares respect of Common Stock, the Exercise Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution immediately after the record date of such dividend be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If outstanding Shares shares of Common Stock shall be combined into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Price, the number of Shares purchasable upon the exercise of this Warrant the Warrants shall be changed to the number determined by dividing (i) an amount equal to the number of Shares issuable upon the exercise of this Warrant the Warrants immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.
Appears in 1 contract
Samples: Stock Purchase Warrant (Nettaxi Inc)
Stock Splits and Dividends. If the outstanding Shares shares of the Warrant Stock (or Common Stock issued upon conversion thereof) shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares shares or if a dividend in securities of the Company shall pay a dividend or may any other distribution upon the Shares shall be payable paid in respect of shares of Warrant Stock (or Common StockStock issued upon conversion thereof), the Exercise Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution immediately after the record date of such dividend be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If the outstanding Shares shares of Warrant Stock (or Common Stock issued upon conversion thereof) shall be combined into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise PricePrice in accordance with this Section 3, the number of Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.
Appears in 1 contract
Samples: Joint Venture Agreement (You on Demand Holdings, Inc.)
Stock Splits and Dividends. If If, at any time prior to Automatic Conversion of the Series RX-3 Preferred Stock, outstanding Shares shares of Series RX-3 Preferred Stock or Common Stock shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares shares of the same, or if the Company shall pay a dividend in Series RX-3 Preferred Stock or may any other distribution upon the Shares Common Stock shall be payable paid in shares respect of the Series RX-3 Preferred Stock or Common Stock, the Exercise Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution immediately after the record date of such dividend be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If outstanding Shares shares of Series RX-3 Preferred Stock or Common Stock shall be combined into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.
Appears in 1 contract
Stock Splits and Dividends. If the Company’s outstanding Shares shares of the same class as the Warrant Stock shall be subdivided (by any stock split, recapitulation, or otherwise) into a greater number of Shares shares, or if the Company shall pay a dividend or may any other distribution upon in the Shares Company’s shares of the same class as the Warrant Stock shall be payable paid in respect of the Company’s shares of Common the same class as the Warrant Stock, the Exercise Purchase Price in effect immediately prior to such subdivision or at the record date of such dividend or distribution shall simultaneously with the effectiveness of such subdivision, dividend, subdivision or distribution immediately at the record date of such dividend be proportionately reduced, and the number of Shares issuable upon exercise of this Warrant shall be proportionately increased. If the Company’s outstanding Shares shares of the same class as the Warrant Stock shall be combined into a smaller number of Sharesshares, the Exercise Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased, and the number of Shares issuable upon exercise of this Warrant shall be proportionately decreased. When any adjustment is required to be made in the Exercise Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of Shares shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Purchase Price in effect immediately prior to such adjustment, by (ii) the Exercise Purchase Price in effect immediately after such adjustment.
Appears in 1 contract