Examples of Private Warrant Shares in a sentence
The Company has offered the Private Warrants and Private Warrant Shares for sale only to the Purchasers and certain other “accredited investors” within the meaning of Rule 501 under the Securities Act.
Neither the Company nor any Person acting on behalf of the Company has offered or sold any of the Private Warrant or Private Warrant Shares by any form of general solicitation or general advertising.
Private Warrant Shares subject to legend removal hereunder shall be transmitted by the Transfer Agent to the Purchaser by crediting the account of the Purchaser’s prime broker with the Depository Trust Company System as directed by such Purchaser.
The Company shall honor exercises of such Pre-Funded Warrants or Private Warrants and shall deliver the Pre-Funded Warrant Shares or Private Warrant Shares, as applicable, in accordance with the terms, conditions and time periods set forth in the Transaction Documents.
The Company shall take such action as the Company shall reasonably determine is necessary in order to obtain an exemption for, or to qualify the Private Warrant and Private Warrant Shares for, sale to the Purchasers at the Closing under applicable securities or “Blue Sky” laws of the states of the United States, and shall provide evidence of such actions promptly upon request of any Purchaser.
The Company further agrees, if the Company applies to have the Common Stock traded on any other Trading Market, it will then include in such application all of the Shares, the Pre-Funded Warrant Shares and the Private Warrant Shares, and will take such other action as is necessary to cause all of the Shares, the Pre-Funded Warrant Shares and the Private Warrant Shares to be listed or quoted on such other Trading Market as promptly as possible.
The Company agrees to timely file a Form D with respect to the Private Warrant and Private Warrant Shares as required under Regulation D and to provide a copy thereof, promptly upon request of any Purchaser.
The Company shall use commercially reasonable efforts to cause such registration statement to become effective (and in any event within 181 days following the Closing Date) and to keep such registration statement effective at all times until no Purchaser owns any Private Warrants or Private Warrant Shares issuable upon exercise thereof.
We will not receive the proceeds from the resale of the Private Warrant Shares or the Public Warrant Shares hereunder; however, we will receive the proceeds from any exercise of the Private Warrants and the Public Warrants.
The Private Warrant Shares, when issued in accordance with the terms of the Private Warrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.