Examples of Series F Warrants in a sentence
Subject to the terms and conditions herein set forth, each Exchanging Noteholder hereby further agrees, severally and not jointly, that the Series F Warrants held by such Exchanging Noteholders shall be cancelled at the Effective Time (as defined in the Merger Agreement) pursuant to Section 1.09 of the Merger Agreement.
Other than the 2,047,729 shares reserved for issuance under the Option Plans, the Warrants, the Initial Series F Warrants and other warrants and except as may be granted pursuant to the Related Agreements, there are no outstanding options, warrants, rights (including conversion or preemptive rights and rights of first refusal), proxy or stockholder agreements, or agreements of any kind for the purchase or acquisition from the Company of any of its securities.
The 2,008,581 Series E Warrants are exercisable at an initial exercise price of $2.33 per shares (subject to future adjustment) and the 2,008,581 Series F Warrants are exercisable at an initial exercise price of $2.56 per share (subject to future adjustment).
According to the Securities Purchase Agreement dated December 13, 2021, between the holders of the 2021 Registrable Warrants and the Company: (i) the exercise price of the Series D Warrants was adjusted to $2.50; (ii) the exercise price of the Series E Warrants was adjusted to $2.00; and (iii) the exercise price of the Series F Warrants was adjusted to $2.50.
As of May 24, 2019, there were 26,177,078 Series E Warrants and 2,857,500 Series F Warrants outstanding.If you elect to tender Warrants in response to the Offer, please follow the instructions in this Offer Letter and the related documents, including the Letter of Transmittal.