Examples of Legacy Warrants in a sentence
The certificate or certificates representing Shares issued upon an exercise of the Legacy Warrants shall bear the language contained in the first three paragraphs of the legend appearing on the first page of this certificate.
As of the Romeo Listing Date, there are outstanding (i) Private Placement Warrants to purchase an aggregate of 3,178,202 shares of Romeo Common Stock at an exercise price of $11.50 per share and (ii) Legacy Warrants to purchase an aggregate of 2,111,543 shares of Romeo Common Stock at a weighted average exercise price of $4.71 per share.
Any Private Warrant Shares or Legacy Warrant Shares included in the Selling Stockholder Shares, when issued and paid for in accordance with the terms of the Private Warrants or Legacy Warrants, as applicable, will be validly issued, fully paid and non-assessable.
At or before the Effective Time, Romeo will deliver to Nikola a true, complete and accurate listing of all record holders of Romeo Capital Stock, Romeo RSUs, Romeo PSUs, Legacy Warrants and Private Placement Warrants at the Effective Time, including the contact information for each such record holder, the number and class of shares of Romeo Capital Stock held by such record holder, and the number of shares of Nikola Common Stock such holder is entitled to receive pursuant to Section 2.5.
AND WHEREAS Valdy and the INX Securityholders wish to effect an exchange of the INX Securities for, as applicable, the Consideration Shares, the Consideration Options, and the Consideration Legacy Warrants (as each such term is defined below), in accordance with the terms and conditions set forth in this Agreement, and such transactions shall constitute Valdy’s Qualifying Transaction (as defined below).
Shareholders for the year ended December 31, 2014 excludes the impact of the change in the fair value of the IPO and Legacy Warrants the non-cash inventory reserve expense, the non-cash gain resulting from debt extinguishment, and the non-cash expense resulting from the cancellation of certain employee stock options.
Shareholders is a non-GAAP financial metric that excludes, for the quarter ended June 30, 2016, the impact of the change in fair value of the IPO and Legacy Warrants.
On the date of this Agreement, 1,672,373 shares of Legacy Common Stock were outstanding, 211,556 shares of Legacy Common Stock were reserved for issuance pursuant to outstanding Legacy Stock Options under the Legacy Stock Option Plan, and 450,000 shares of Legacy Common Stock were reserved for issuance pursuant to outstanding Legacy Warrants.
Any Private Warrant Shares, Convertible Security Shares (including Legacy Warrant Shares) or Conversion Shares included in the Selling Stockholder Shares, when issued and paid for or vest in accordance with the terms of the Private Warrants, the applicable equity award agreements, the Legacy Warrants or the Convertible Notes, as applicable, will be validly issued, fully paid and nonassessable.
Shareholders is a non-GAAP financial metric that excludes, for the quarter ended September 30, 2015, the impact of the change in fair value of the warrants issued in connection with the Company’s IPO and the Legacy Warrants issued in 2009 and 2011 that were reclassified from equity to a liability.