COMMON STOCK PURCHASE WARRANT BRIGHT GREEN CORPORATIONWarrant Agreement • September 6th, 2023 • Bright Green Corp • Medicinal chemicals & botanical products • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Lynn Stockwell or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after September 1, 2023 (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on the earlier of (i) the date that is 45 days after date in which the closing price of the Common Stock on the Trading Market (as defined below) equals or exceeds $3.00 per share, and (ii) August 31, 2024 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Bright Green Corporation, a Delaware corporation (the “Company”), up to 2,827,960 shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
