December Warrants definition

December Warrants means the 3,275,000 warrants to purchase Aura Shares at $0.15 per share until the earlier of December 9, 2021 and two years after Listing;

Examples of December Warrants in a sentence

  • The December Warrants have been valued using a Binomial Lattice option pricing model and an associated discount of $15,000, measured at the commitment date, with the warrants being initially classified as a derivative liability.

  • Any shares of Common Stock reserved and allocated to any Person which ceases to hold any December Warrants shall be allocated to the remaining holders of December Warrants, pro rata based on the number of shares of Common Stock issuable upon exercise of the December Warrants then held by such holders (without regard to any limitations on exercise).

  • In the event that a holder shall sell or otherwise transfer any of such holder’s December Warrants, each transferee shall be allocated a pro rata portion of such holder’s Authorized Share Allocation.

  • The issuance of the December Warrants hereunder is duly authorized and upon issuance in accordance with the terms of this Agreement and the December Warrants shall be validly issued, fully paid and non-assessable and free from all preemptive or similar rights, mortgages, defects, claims, liens, pledges, charges, taxes, rights of first refusal, encumbrances, security interests and other encumbrances (collectively “Liens”) with respect to the issuance thereof.

  • This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and assigns, including any purchasers of the December Warrants.

  • Subject to the accuracy of the representations and warranties of the Holder in this Agreement, the offer and issuance by the Company of the December Warrants and the December Warrant Shares are exempt from registration under the 1933 Act.

  • Upon exercise in accordance with the December Warrants, the December Warrant Shares, when issued, will be validly issued, fully paid and nonassessable and free from all preemptive or similar rights or Liens with respect to the issue thereof, with the holders thereof being entitled to all rights accorded to a holder of Common Stock.

  • Nothing herein contained is or shall be deemed to be a lending of the credit of the County to VRA or to any other person, and nothing herein contained is or shall be deemed to be a pledge of the faith and credit for the taxing power of the County, nor shall anything herein contained legally bind or obligate the Board to appropriate funds for the purposes described herein.

  • The December Warrants are exercisable for a period of three years from issuance into common shares at an exercise price of $0.25 CAD per common share.

  • The calculation set forth in the foregoing sentence shall be made without regard to any limitations on exercise or conversion of the December Warrants or the Existing Secuirties (and such calculation shall assume the December Warrants and Existing Securities are then exercisable or convertible, as applicable, in full into shares of Common Stock).


More Definitions of December Warrants

December Warrants means the Common Share purchase warrants of Numinus issued
December Warrants means the Warrants issued by the Company pursuant to the December Warrant Agreement.

Related to December Warrants

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

  • Insider Warrants is defined in the preamble to this Agreement.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

  • Series C Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to three (3) years, in the form of Exhibit C attached hereto.

  • Sponsor Warrants shall have the meaning given in the Recitals hereto.

  • Parent Warrants has the meaning set forth in Section 5.3(a).

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Series D Warrants means series D share purchase warrants of the Corporation issued to RTIH on May 22, 2012 in connection with the 2012 Rights Offering in accordance with the 2012 MoA, the terms of which are more particularly described under the heading “General Development of the Business – Agreements with the Rio Tinto Group – 2012 MoA”.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Sponsors’ Warrants means the warrants that are being sold privately by the Company simultaneously with the consummation of the IPO; and (vi) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Public Warrants means the warrants included in the public units issued in the IPO, each of which is exercisable for one share of Common Stock, in accordance with its terms.

  • Initial Warrants means the warrant to purchase shares of common stock of the Issuer issued pursuant to the Initial Warrants Purchase Agreement.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Other Warrants means any other warrants issued by the Company in connection with the transaction with respect to which this Warrant was issued, and any warrant issued upon transfer or partial exercise of or in lieu of this Warrant. The term “Warrant” as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise.

  • Series A Warrants means, collectively, the Series A Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series A Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series A Warrants shall be exercisable beginning immediately and have a term of exercise equal to six (6) months, in the form of Exhibit B-1 attached hereto.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Special Warrants means the special warrants issued by the Company, at a price of $0.10 per Special Warrant, pursuant to the Special Warrant Private Placement and entitling the holder thereof to acquire, for no additional consideration, one Common Share pursuant to the terms and conditions in the Special Warrant Certificates; and

  • Placement Warrants shall have the meaning given in the Recitals hereto.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Common Shares means the common shares in the capital of the Company;

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.