Xx Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 2 contracts
Samples: Unusual Machines, Inc., Subscription Agreement (ZBB Energy Corp)
Xx Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exercise.Closing Sale Price) for any such fractional shares.
Appears in 1 contract
Samples: Milestone Pharmaceuticals Inc.
Xx Fractional Shares. No fractional shares of Warrant Shares stock will be issued in connection with any exercise of this Warranthereunder. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise., as determined in good faith by the Board.
Appears in 1 contract
Samples: Monogram Orthopaedics Inc
Xx Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price Closing Price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 1 contract
Samples: Common Stock and Warrant Purchase Agreement (Photoworks Inc /Wa)