Examples of Amended and Restated Warrant in a sentence
Each Warrant entitled the holder to purchase 1.2858 shares of Common Stock at an initial exercise price of $10.75 per share, subject to adjustments as provided in the Amended and Restated Warrant Agreement, effective as of October 28, 2013, between the Issuer and American Stock Transfer & Trust Company, LLC, as warrant agent.
The undersigned holder hereby exercises the right to purchase ________________ of the shares of Common Stock (“Warrant Shares”) of Presto Automation Inc., a Delaware corporation (the “Company”), evidenced by the attached Amended and Restated Warrant to Purchase Common Stock (the “Warrant”).
Upon the request of the Holder and receipt by the Company of the original Warrant, the Company will provide the Holder with an Amended and Restated Warrant, reflecting the amendments described herein.
The Company acknowledges and agrees that, after giving effect to the transactions contemplated hereby, without any further action by the Warrantholder, the shares of Common Stock issuable upon exercise of the Amended and Restated Warrants will be registered for resale pursuant to that certain Registration Statement File No. 333-173574, and upon exercise of the Amended and Restated Warrant, may be resold pursuant to such Registration Statement without any restrictions or limitations.
The Warrantholder is informed and sophisticated with respect to the transactions contemplated by this Agreement and has undertaken such investigation and has been provided with and has evaluated such documents and information as it has deemed necessary in connection with the execution, delivery and performance of this Agreement and in connection with any exercise of the Amended and Restated Warrant.
The Investor hereby agrees that, unless and until this Agreement is terminated pursuant to Article IV hereof, it will not convert or exercise all or any portion of the Second Amended and Restated Note or Second Amended and Restated Warrant into Common Stock or sell, transfer or otherwise convey all or any portion of the Second Amended and Restated Note or Second Amended and Restated Warrant from and after the date hereof and through the Redemption Date.
On the terms and subject to the conditions set forth in this Agreement, the Company shall redeem the Second Amended and Restated Note and Second Amended and Restated Warrant from the Investor (the “Redemption”) for the aggregate Redemption Consideration (as such term is defined in Section 1.2 below) on the Closing Date (the “Redemption Date”).
The undersigned holder hereby exercises the right to purchase _________________ of the shares of Common Stock (“Warrant Shares”) of Presto Automation Inc., a Delaware corporation (the “Company”), evidenced by the attached Amended and Restated Warrant to Purchase Common Stock (the “Warrant”).
Each Warrant entitled the holder to purchase 1.2858 shares of Common Stock at an initial exercise price of $10.75 per share, subject to adjustments as provided in the Amended and Restated Warrant Agreement, effective as of October 28, 2013 (the “ Warrant Agreement”), between the Issuer and American Stock Transfer & Trust Company, LLC, as warrant agent.
Each Warrant shall entitle the holder thereof to purchase one share of the common stock of the Company, par value $0.001 per share (the “Common Stock”) at an exercise price of $6.00, in accordance with the terms of the Warrant as set forth in the Amended and Restated Warrant Agreement (the “Warrant Agreement”) dated as of October 3, 2007 by and between the Company and American Stock Transfer & Trust Company, as warrant agent.