Examples of Series G Warrants in a sentence
The Company accounted for the Series F Warrants relating to the 2017 Financing, the Series G Warrants relating to the 2018 Financing and the Series H Warrants relating to the 2019 Financing in accordance with ASC 815-10, Derivatives and Hedging.
The fair value of the Series G Warrants was determined using a Black Scholes option pricing model using a risk free rate of 0.45%, an expected term of five years; expected dividends of zero and expected volatility of 97.1%.
On March 25, 2020, the Company issued 1,200,000 Series G Warrants to an institutional investor in connection with the credit agreement, see Note 5 above for details.
The relative fair value of the Series G Warrants was determined using a Black Scholes option pricing model using a risk-free interest rate of 0.56%; an expected term of five years; expected dividends of zero and expected volatility of 97.00%.
In connection with the December 2018 Private Placement Financing, we issued to Tyrus-DA Global Healthcare No. 1 2,530,137 shares of Common Stock, 430,123 Series F Warrants to purchase 430,123 shares of Common Stock, and 834,945 Series G Warrants to purchase 834,945 shares of Common Stock.
The Series G Warrants were valued at $1.4 million using the relative fair value approach at the time of issuance and was recorded as deferred debt issuance cost.
On January 19, 2021, the Company issued 1,000,000 Series G Warrants, pre-merger, which were adjusted by the exchange ratio in the merger, to an institutional investor in connection with an amendment to the credit agreement.
The Series D, Series E, Series F and Series G Warrants are furnished on the Form 6-K to which this Supplemental Disclosure is also an Exhibit.
The issuance of the Series C Warrants was, and the issuance of the Series D Warrants, the Series E Warrants, the Series F Warrants and the Series G Warrants is being, made in reliance upon an exemption from registration under the 1933 Act.
In addition, on redemption of the Convertible Note, the Company issued to Sandell 2,341,347 Warrants (Series G Warrants) over ADSs expiring on 15 May 2012 with an exercise price of US$1.21.