Examples of Common Warrants in a sentence
Such Purchaser is and will be acquiring the Securities and Common Warrants as principal for its own account for investment purposes and not with a view towards, or for resale in connection with, the public sale or distribution thereof.
The Purchaser has no direct or indirect arrangement or understandings with any other persons to distribute or regarding the distribution of such Securities or Common Warrants (this representation and warranty not limiting such Purchaser’s right to sell the Securities pursuant to the Registration Statement, Warrant Registration Statement or otherwise in compliance with Canadian Securities Laws and applicable federal and state securities laws).
The Common Warrants to be purchased and sold shall be exercisable six months from the issuance at an exercise price of $0.60 per share and will expire 5.5 years from the date of issuance.
The Purchaser acknowledges and agrees that the Company intends to rely on the provisions of Section 2.1 of OSC Rule 72-503 in connection with the issuance of the Common Warrants and that it shall be a condition precedent to the issuance of the Common Warrants that the Warrant Registration Statement shall have been made effective prior thereto.
At the time such Purchaser was offered the Securities and the Common Warrants, it was, will be, and as of the date hereof it is, an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7), (a)(8), (a)(9), (a)(12) or (a)(13) under the Securities Act, or a “qualified international buyer” as defined in Rule 144(a) of under the Securities Act.