Examples of Earnout Warrants in a sentence
If the Private Warrants and Earnout Warrants are held by someone other than their initial purchasers or their permitted transferees, then the Private Warrants and Earnout Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants.
On the date of acquisition the probability of Love Child achieving those revenue targets was set at 100% and the Earn-out Warrants were valued using the Black- Scholes pricing model with the following assumptions: dividend yield 0%, risk-free interest rate of 0.52%, expected volatility of 43.6% and an expected life of two years.
These Earn-out Warrants are contingent on the Love Child gross revenue for the twelve-month period ended September 30, 2017 exceeding certain revenue targets.
These Earn-out Warrants are contingent on the Love Child gross revenue for the twelve month period ended September 30, 2017 exceeding certain revenue targets.
The value attributed to the Earn-out Warrants was $232 recognized in contributed surplus; • $0.6 million in earn-out shares valued at up to $0.8 million (“Earn-out Shares”), issuable after the financial results from the quarter-ended September 30, 2017 are publicly released.
Additionally, the Private Warrants and Earnout Warrants are non-redeemable so long as they are held by the initial purchasers or such purchasers’ permitted transferees.
For purposes of determining whether the Liquidation Preference, the Liquidation Preference Cap or the Liquidation Preference Cap Termination Amount of any series of Preferred Shares has been satisfied from the payment of consideration pursuant to this Agreement, any Earnout Warrants received by such holders of Preferred Shares shall be valued at $1.33 per share of Parent Common Stock subject to such Earnout Warrants.
Additionally, the Private Warrants and Earnout Warrants are non- redeemable so long as they are held by the initial purchasers or such purchasers’ permitted transferees.
On the date of acquisition the probability of Love Child achieving those revenue targets was set at 100% and the Earn-out Warrants were valued using the Black-Scholes pricing model with the following assumptions: dividend yield 0%, risk-free interest rate of 0.52%, expected volatility of 43.6% and an expected life of two years.
The value attributed to the Earn-out Warrants was$232 recognized in contributed surplus; and • $557 in earn-out shares valued up to $750 (“Earn-out Shares”), issuable after the financial results from the quarter-ended September 30, 2017 are publicly released.