Robe▇▇▇▇▇ ▇▇▇rants definition
Examples of Robe▇▇▇▇▇ ▇▇▇rants in a sentence
The Company (a) has duly and validly reserved 9,600,000 shares of Common Stock initially issuable on conversion of the Shares and 409,839 shares of Common Stock initially issuable on exercise of the Robe▇▇▇▇▇ ▇▇▇rants and (b) shall, concurrently with the commencement of exercisability of the Purchaser Warrants or any Maintenance Warrants, duly and validly reserve for issuance the Purchaser Warrant Shares and the Maintenance Warrant Shares.
The number of shares of Common Stock held by the Purchaser shall consist of all Conversion Shares, Purchaser Warrant Shares, Robe▇▇▇▇▇ ▇▇▇rant Shares and Maintenance Warrant Shares owned by the Purchaser, plus the number of Conversion Shares, Robe▇▇▇▇▇ ▇▇▇rant Shares and Maintenance Warrant Shares issuable on conversion or exercise of all outstanding Shares and all Maintenance Warrants and Robe▇▇▇▇▇ ▇▇▇rants that are held by the Purchaser.
Subject to the terms and conditions herein set forth, the Company agrees that it will issue and sell to the Purchaser and the Purchaser agrees that it will purchase from the Company at the Time of Purchase (a) 9,600,000 shares of Series A Convertible Preferred Stock (the "Shares"), (b) the Purchaser Warrants and (c) the Robe▇▇▇▇▇ ▇▇▇rants, in exchange for consideration payable to the Company consisting of (i) cash in the amount of $5,000,000 and (ii) the Purchaser Earn Up Agreement.
As of the Time of Purchase, the Conversion Shares, the Robe▇▇▇▇▇ ▇▇▇rant Shares and the Maintenance Warrant Shares (assuming conversion of all Shares and the exercise of all Robe▇▇▇▇▇ ▇▇▇rants and all Maintenance Warrants) would represent 33.12% of the shares of Common Stock outstanding.
The total number of shares of Common Stock outstanding shall include all shares of Common Stock issued and outstanding, plus the number of additional shares issuable on conversion of the Shares and on exercise of the Maintenance Warrants and Robe▇▇▇▇▇ ▇▇▇rants held by the Purchaser.