Examples of Broker Warrant Shares in a sentence
The Broker Warrants may be exercised in whole or in part, but only for full Broker Warrant Shares.
The exercise price and the number of Broker Warrant Shares issuable upon the exercise of each Broker Warrant are subject to adjustment upon the happening of certain events, such as a distribution on the Common Shares, or a subdivision, consolidation or reclassification of the Common Shares.
The Broker Warrant Shares issuable upon exercise of the Broker Warrants will be, when issued and paid for in accordance with the Broker Warrants, duly authorized, validly issued and fully paid and non-assessable.
The Company will authorize and reserve at least that number of Broker Warrant Shares equal to the number of Common Shares issuable upon exercise of all outstanding Broker Warrants.
The Broker Warrants may be exercised by the Underwriters to purchase Common Shares on or before the expiration date by delivering: (a) notice of exercise, appropriately completed and duly signed; and (b) payment of the exercise price for the number of Broker Warrant Shares with respect to which the Broker Warrant is being exercised.