Unit Purchase Option definition

Unit Purchase Option is defined in Section 2.1.4.

Unit Purchase Option and such registrable securities, the “Option Securities”) as to which "piggy-back" registration has been requested by the holders thereof, Pro Rata, that can be sold without exceeding the Maximum Number of Shares; and (iv) fourth, to the extent that the Maximum Number of Shares have not been reached under the foregoing clauses (i), (ii), and (iii), the Ordinary Shares or other securities for the account of other persons that the Company is obligated to register pursuant to written contractual arrangements with such persons and that can be sold without exceeding the Maximum Number of Shares.

Unit Purchase Option means the unit purchase option to purchase 750,000 units of the Company issued to EarlyBirdCapital and its designees in connection with the IPO.

Examples of Unit Purchase Option in a sentence

• The Company shall deliver to the holder __________ Units in accordance with the terms of the Unit Purchase Option and, after delivery of such Units, _____________ Units remain subject to the Unit Purchase Option.

• Officers of corporations and those acting in a fiduciary or other representative capacity should file proper evidence of authority to assign the foregoing Unit Purchase Option.

• The Shares and the shares of Common Stock underlying the Representative’s Unit Purchase Option have been approved for listing on the NYSE American LLC (the “Exchange”), and the Company has taken no action designed to, or likely to have the effect of, delisting of the Shares or the shares of Common Stock underlying the Warrants and the Representative’s Unit Purchase Option from the Exchange, nor has the Company received any written notification that the Exchange is contemplating terminating such listing.

• By: Name: Title: EXHIBIT A TO BE EXECUTED BY THE REGISTERED HOLDER TO EXERCISE THIS UNIT PURCHASE OPTION TO PURCHASE COMMON STOCK The undersigned holder hereby exercises the right to purchase Units (“Units”) of Know Labs, Inc., a Nevada corporation (the “Company”) securities, evidenced by the attached Unit Purchase Option.

• The Shares, Warrants and the Representative’s Unit Purchase Option conform in all material respects to all statements with respect thereto contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

More Definitions of Unit Purchase Option

Unit Purchase Option means the Underwriter’s option to purchase up to 300,000 Units at $11.50 per Unit.

Unit Purchase Option means the unit purchase option to be issued by the Company to PrinceRidge in connection with the Company’s initial public offering.

Unit Purchase Option means the unit purchase option to be issued by the Company to EBC or its designees in connection with the Company’s initial public offering.

Unit Purchase Option shall have the meaning ascribed to such term in Section 2.3(a)(ii), the form of which is attached as Exhibit E.

Unit Purchase Option means the Representative’s option to purchase up to 300,000 Units at $11.50 per Unit.

Unit Purchase Option or “UPO”), Holder is entitled, at any time or from time to time commencing on the “Commencement Date,” which shall be the effective date (the “Effective Date”) of the Company’s registration statement on Form S-1 (File No.: 333-261059) (the “Registration Statement”) pursuant to which units (each unit consisting of one share of the Company’s Common Stock (“Share”), and one Warrant of the Company) are offered for sale to the public (the “Offering”) by and at or before 5:00 p.m., Eastern Time, on the fifth anniversary of the Effective Date (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, (i) up to [●] units (the “Units”), each Unit consisting of one Share and one Warrant of the Company and (ii) up to [●] additional Warrants not included in the Units. The Warrants (both those included in the Units and those that are not included in the Units) will be identical to the Warrants included in the Units offered to the public by the Company pursuant to the Registration Statement. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this UPO may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate the UPO. This UPO is initially exercisable at (i) $[●] per Unit (or 120% of the public offering price of the Units being sold in the Offering) so purchased and (ii) $[●] per Warrant (or 120% of the public offering price of the Warrants being sold in the Offering); provided, however, that upon the occurrence of any of the events specified in Section 5 hereof, the rights granted by this UPO, including the exercise price per Unit and per Warrant and the number of Units and Warrants to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context. This UPO is one of the UPOs issued pursuant to (i) Section 3(e) of the Underwriting Agreement, dated as of [●], 2022, by and among the Company and The Benchmark Company, LLC and Rxxx Capital Partners, LLC, as the Representatives of the several underwriters, if any, named in Schedule I thereto (the “Underwriting Agreement”) and the Company’s Registration Statement. For the avoidance of doubt, references to “Units” shall include the Warrants not includ...

Unit Purchase Option has the meaning given to such term in the Unit Purchase Agreement.