Examples of July Warrants in a sentence
The July Warrants are exercisable for a period of three years from issuance into common shares at an exercise price of CAD$0.28 per common share.
Additionally, on closing, the Company issued to the Subscribers of the July Convertible Debentures an aggregate of 13,737,500 July Warrants, that represents one-half of one warrant for each CAD$0.24 of Principal amount subscribed.
In executing this Agreement, such Purchaser is not acting in reliance on any information contained in that certain draft Registration Statement on Form S-1, which was provided to certain Purchasers, that seeks to register the resale of all shares of Common Stock that were issued by the Company pursuant to that certain Securities Purchase Agreement, dated as of July 31, 2008, between the Company and the purchasers thereunder, together with the shares of Common Stock underlying the July Warrants.
This Agreement is made pursuant to the June Agreement, the June Warrants, the Securities Purchase Agreement, dated as of the date hereof, by and between the Purchaser and the Company (as amended, modified or supplemented from time to time, the "July Agreement" and together with the "June Agreement", the "Purchase Agreements") and the Warrants (the "July Warrants") referred to therein.
The terms of the convertible debentures and warrants issued as part of this second tranche are the same as those issued in the July Convertible Debentures and July Warrants (Note 11.2).
LB shall obtain and maintain insurance coverage of the types and in the amounts customary and consistent with industry standards used in the contract biologics manufacturing industry.
July 2018 Unit FinancingOn July 19, 2018, the Company closed a private placement for gross proceeds of C$5,205,000, issuing a total of 2,082,000 units at C$2.50 per unit, each unit consisting of one Common Share and one-half (1/2) of one share purchase warrant, each whole warrant (the "July Warrants") entitling the holder to purchase one (1) additional common share (for a total of up to 1,041,000 warrant shares) at C$5.00 per warrant share on or before July 18, 2019.
Upon exercise of the July Warrants in accordance with the July Warrants, the July Warrant Shares when issued will be validly issued, fully paid and nonassessable and free from all preemptive or similar rights, taxes, liens, charges and other encumbrances with respect to the issue thereof, with the holders being entitled to all rights accorded to a holder of Common Stock.
The July Warrants and April Warrants were purchased as part of the Seller’s investment/participation in private placements that closed on July 20, 2021 and April 30, 2021, respectively.
Assuming the accuracy of each of the representations and warranties set forth in Section 2 of this Agreement, the offer and issuance by PALI of the July Warrants and the July Warrant Shares is exempt from registration under the 1933 Act.