Examples of Series B-2 Warrants in a sentence
Amendments and clarifications made in this Bid Bulletin shall be considered integral parts of the Bidding Documents.
This Exchange Securities described above include 2,723.81 shares of Series B Preferred Stock, 391,338 Series B-1 Warrants and 391,337 Series B-2 Warrants the issuance of which is pending the receipt by the Company of complete documentation with respect to the exercise by the holders of certain Series A Units of their “most favored nation rights” under the Purchase Agreement.
After the Amendment shall have been approved by the Company’s stockholders and become effective, 984,335 shares of Common Stock shall be reserved for issuance upon exercise of the Series A-2 Warrants and 150,818 shares of Common Stock shall be reserved for issuance upon exercise of the Series B-2 Warrants.
The Original Warrant Holders hereby acknowledge, confirm and agree that the Series A-2 Warrants and the Series B-2 Warrants issued to them fully satisfy any and all anti-dilution adjustments pursuant to the terms of the original Warrants resulting from the issuance of the Series C Convertible Preferred Stock and the Series C Warrants by the Company.
The Company and the Holders shall also enter into a new registration rights agreement, substantially in the form in the form of Exhibit D annexed hereto, which shall provide for the registration under the Securities Act of 1933, as amended (the "Securities Act"), of the shares of common stock underlying the Series A1 Preferred Stock, Series B2 Preferred Stock, the Series A2 Warrants and the Series B2 Warrants.
The contents of Article III of the 2002 Exchange Agreement are incorporated by reference in their entirety, in each case, the defined terms Series A2 Preferred Stock, Series B2 Preferred Stock, Series A2 Warrants, Series B2 Warrants, Warrants and Preferred Stock shall be replaced by the defined terms Series A3 Preferred Stock, Series B3 Preferred Stock, Series A3 Warrants, Series B3 Warrants, Warrants and Preferred Stock, respectively as defined in this Amendment.
The Company shall deliver to the Payee such Series B Convertible Preferred Stock certificates, Series B-1 Warrants and Series B-2 Warrants not later than two (2) business days following such conversion.
The Series B-2 Warrants shall expire five (5) years from the Closing Date and shall have an exercise price per Warrant Share equal to $0.60.
The Series B-2 Warrants shall expire three (3) years from the Closing Date and shall have an exercise price per share equal to $2.25.
The Company agrees to issue to each of the Purchasers Series B-1 Warrants and Series B-2 Warrants to purchase the number of shares of Common Stock set forth opposite such Purchaser's name on Exhibit A attached hereto.