Examples of Subscriber Warrants in a sentence
The Subscriber Warrants were valued at fair market value using the Black-Sholes pricing model at a value of US$2,965,366 and accounted for on the balance sheet as a derivative liability.
The Subscriber Warrants are revalued every period with the change being recorded as income or expense.
Subscriber Warrants can be exercised at any time following this General Meeting, for a period of 18 months.
Forfeiture Agreement On March 7, 2018, the Company and the Sponsors entered into a Forfeiture Agreement (the “Forfeiture Agreement”) pursuant to which the Sponsors agreed to forfeit an aggregate of 138,653 Founder Shares, conditioned upon the Company issuing the Subscriber Warrants under the Subscription and Backstop Agreement.
The Warrant Agreement will be substantially similar to the warrant agreement dated January 28, 2021, between the Company and Continental, expect with respect to the exercise price and that the Subscriber Warrants will be non-redeemable.
Each Subscriber is hereby subscribing for the number of Warrants indicated on the signature page hereto by the caption, "Number of Warrants Being Subscribed" (the "SUBSCRIBER'S WARRANTS"), which Subscriber Warrants will be issued to the Subscriber, or his affiliates or designees.
The Company also granted two warrants for every ordinary share subscribed for on the date of admission to AIM ("Subscriber Warrants").
The fair value of the Subscriber Warrants was estimated to be $38,500 on the date of grant using the Black-Scholes pricing model.
Notwithstanding any terms to the contrary, B&G shall have the right to utilize third parties to manufacture and/or package Products, provided that notice of any such intention be given to FLP and that FLP have the right to approve, on a reasonable basis, any such third party with respect to quality.
Strongbow paid cash commissions of $11,000 and issued 88,000 Finder's Warrants, exercisable on the same terms as the Subscriber Warrants, in connection with the second closing on July 15, 2016.