Examples of Series J Warrant in a sentence
The purchase rights represented by this Warrant may be exercised in whole or in part during the Term for such number of shares of Common Stock equal to fifty percent (50%) of the number of shares of Common Stock that have been exercised by the Holder pursuant to the Series J Warrant issued by the Issuer to the Holder pursuant to the Purchase Agreement.
The purchase rights represented by this Warrant may be exercised in whole or in part during the Term for such number of shares of Common Stock that have been exercised by the Holder pursuant to the Series J Warrant issued by the Issuer to the Holder pursuant to the Purchase Agreement.
The Holder hereof shall have demand registration rights with respect to all of its shares of Common Stock issuable upon exercise of this Warrant as provided in the Series J Warrant issued to the Holder on August 9, 2007.
On November 6, 2020, as consideration for investment in the Convertible Notes, the Company entered into that certain Amendment to Series J Warrant to Purchase Common Stock, a holder of a Series J Warrant exercisable for up to 3,375,000 shares of Common Stock, to extend the term of the Series J Warrant from one (1) year to thirty (30) months.
On June 22, 2020, the Company entered into a Series J Warrant Issuance Agreement (the “Keyes Sulat Agreement”) with the Keyes Sulat Revocable Trust (the “Trust”), also a holder of outstanding Series D Warrants, resulting in approximately $82,000 of proceeds as a result of the full exercise of the Trust’s Warrants.
To the extent that there are any inconsistencies between the terms of any Series J Warrant and the terms of this Amendment, the terms of this Amendment shall prevail in effect.
Except as otherwise expressly provided herein, Series J Warrant shall continue to be in full force and effect.
On November 6, 2020 (the “Amendment Execution Date”), as consideration for Ms. Parker’s investment in the Convertible Notes Offering, the Company entered into that certain Amendment to Series J Warrant to Purchase Common Stock, dated as of the Amendment Execution Date, with Ana Parker, the holder of a Series J Warrant exercisable for up to 3,375,000 shares of Common Stock, to extend the term of Ms. Parker’s Series J Warrant from one (1) year to thirty (30) months (the “Amendment”).
Each Series J Warrant has a term of one (1) year, and provides the holder with “piggy back” registration rights under certain circumstances.
Item 9.01 Financial Statements and Exhibits (d) The following exhibits are being filed herewith: Exhibit Description10.1 Amendment to Series J Warrant to Purchase Common Stock10.2 Form of Convertible Notes99.1 Press Release issued by Arch Therapeutics, Inc.