Stock Combination definition
Examples of Stock Combination in a sentence
Adjustment of Exercise Price for Stock Dividend, Stock Split or Stock Combination.
For the avoidance of doubt, upon any Stock Combination, the Company shall make appropriate adjustments to the Plan to conform the economic terms of the Plan to those set forth in the Plan on the date hereof, including, but not limited to, an appropriate increase in the exercise price of the Warrants (no adjustments to the percentages of shares set forth in Plan shall be made hereby).
An adjustment to the Exercise Price pursuant to this Section 3(e) shall only take place one time as a result of a Stock Combination Event.
Any adjustment under this Section 5(a) shall become effective at the close of business on the date the Stock Subdivision or Stock Combination becomes effective, or upon the making of any Stock Dividend.
Following the Stock Combination, the "Series A-2.1 Conversion Price" shall initially be $4.62082, subject to adjustment as provided herein.
Following the Stock Combination, the "Series A-2.2 Conversion Price" shall initially be $756,515.89, subject to adjustment as provided herein.
The Stock Combination and Stock Combination Articles Amendment shall have been approved and ratified by Celestial's stockholders and the Stock Combination Articles Amendment shall have been duly filed with the Secretary of State of the State of Nevada prior to the Effective Time.
No future adjustments shall be made pursuant to this Section 3(e) as a result of any future Stock Combination Events.
The Aggregate Number and Exercise Price set forth above shall also be adjusted under certain conditions specified in Section 5 of this Warrant, including, but not limited to, a Stock Dividend, Stock Subdivision or Stock Combination.
If the Holder delivers a Notice of Exercise during the Stock Combination Adjustment Period, solely with respect to such portion of this Warrant exercised on such applicable exercise date, the Event Market Price shall be the lowest VWAP during the Share Combination Adjustment Period prior to such exercise.