Examples of Subsequent Offering Price in a sentence
If the Company shall, at any time prior to the second anniversary of the Issue Date, issue any shares of its Common Stock at a price per share less than the Exercise Price (the “Subsequent Offering Price”), the Exercise Price shall be lowered to a price equal to the Subsequent Offering Price.
If ordinary shares and/or ADSs are offered with any other rights, the Subsequent Offering Price will be calculated for each unit in such offering, consisting of one ordinary share (or ADS) plus the number of other rights per share in such offering.
No later than one (1) business day following the consummation of any such proposed offering by the Company, the Company shall provide notice to each Purchaser in writing of such Consummated Offering (a “Consummated Offering Notice”), which Consummated Offering Notice shall include the final terms of the Consummated Offering, including the Subsequent Offering Price and copies of the final executed closing documents for such Consummated Offering.
If the Company shall, at any time prior to the second anniversary of the Issue Date of the Series C Warrants, issue any shares of its Common Stock at a price per share less than the Exercise Price (the “Subsequent Offering Price”), the Exercise Price shall be lowered to a price equal to the Subsequent Offering Price.
On or prior to the one (1) year anniversary of the Effective Date, in the event the Company consummates a Subsequent Offering, the Exercise Price in effect immediately after such offering shall automatically adjust to be equal to 150% of the Subsequent Offering Price.
If the Company shall, at any time prior to the Maturity Date, issue any shares of its Common Stock at a price per share less than the Conversion Price (the “Subsequent Offering Price”), the Conversion Price shall be lowered to the Subsequent Offering Price.
The exercise price per share of the Common Stock under this Warrant shall be $[Subsequent Offering Price], subject to adjustment hereunder (the “Exercise Price”).
If, at any time prior to the Expiration Date, the Company issues shares of Common Stock or any options, warrants, convertible notes or similar rights to acquire shares of Common Stock for a purchase, exercise or conversion price per share less than the Exercise Price set out in Article 1 (the “Subsequent Offering Price”), the Exercise Price in effect immediately after such issuance shall be automatically adjusted to an amount equal to the lowest Subsequent Offering Price.
Notwithstanding the foregoing, RAB shall be entitled to convert the Outstanding Equivalents into Common Stock at the Subsequent Offering Conversion Price on one occasion per Subsequent Offering, and if RAB converts less than all of the Outstanding Equivalents at the Subsequent Offering Price, than any remaining Outstanding Equivalents not so converted shall thereafter be convertible at the Modified Conversion Price.
The "Subsequent Offering Price," as described on the cover page of the Offer to Exchange, seemingly may be paid more than one year after the "closing of the Offer." To the extent such Subsequent Offering Price constitutes part of the offer consideration - as suggested by the cited title of this contingent payment - please reconcile how such a payment may even be offered given the prompt payment requirements of Rules 13e-4(f)(5) and 14e-1(c), or advise.