FORM OF UNIT PURCHASE WARRANTSecurities Purchase Agreement • September 10th, 2018 • Adial Pharmaceuticals, Inc. • Pharmaceutical preparations • Delaware
THIS CERTIFIES THAT, for value received, ___________________ or his, her or its assigns (“Holder”), is entitled to purchase from Adial Pharmaceuticals, Inc., a Delaware corporation (the “Company”), at any time or from time to time during the period specified in Paragraph 2 hereof and subject to adjustment as provided herein, _________ units (each a “Unit” and collectively, the “Units”), with each Unit consisting of one share of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and one warrant (each a “Common Warrant” and collectively, the “Common Warrants”) to purchase one share of Common Stock. The form of Common Warrant is attached hereto as Exhibit A. The exercise price per Unit is $5.00 (the “Exercise Price”). The term “Warrant Shares” as used herein, refers to the shares of Common Stock purchasable under this Warrant and the term “Common Warrant Shares” as used herein, refers to the shares of Common Stock purchasable under any Common Warrant that may be
