Unit Purchase Options definition

Unit Purchase Options means the unit purchase options issued to the underwriters (and their designees) in the Company’s initial public offering pursuant to the First Unit Purchase Option dated as of March 22, 2012 and the Second Unit Purchase Option dated as of March 22, 2012.
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Unit Purchase Options means the unit purchase options granted by the Company to the underwriters and their designees in the Company’s initial public offering.
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Unit Purchase Options means the unit purchase options issued to EBC (and/or its designees) in the IPO.
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Examples of Unit Purchase Options in a sentence

  • During the first quarter of 2021, we received cash proceeds of approximately $15 million from the exercise of our Public Warrants and an additional approximately $2.5 million from the exercise of 292,500 Unit Purchase Options.

  • During the course of the Special Class A Warrant Programs, all of the 250,000 Unit Purchase Options issued to the underwriter of the Offering were exercised at $3.02 per option, and the 250,000 Redeemable Class A Warrants within such units were immediately exercised resulting in aggregate net proceeds of $1,681,266 and the concurrent issuance of 543,745 shares of Common Stock and 375,000 Redeemable Class B Warrants.

  • On November 12, 1999, the Company entered into a binding letter agreement to retire the 30,000 outstanding shares of Series B preferred stock, the related 2.9 million Class L warrants and the Unit Purchase Options ("UPOs") and to cancel the financial advisory agreement with the placement agent for the Series B.

  • Pursuant to the private placement, the Company entered into a financial advisory agreement with the placement agent providing the agent with Unit Purchase Options ("UPOs") entitling the placement agent to purchase approximately 150,000 shares of common stock in the Company.

  • During the first quarter of 1999, the Company completed the private placement of 30,000 shares of 5% Series B convertible preferred stock (the "Series B") for gross proceeds of $3 million ($2.8 million, net of certain placement costs), 2.9 million Class L warrants to purchase common stock of the Company at an initial exercise price of $1.03 per share, and issued Unit Purchase Options ("UPOs") entitling the placement agent to purchase approximately 150,000 shares of common stock in the Company.

  • As used herein, the term "Class A Common Stock" shall mean the Company's presently authorized Class A Common Stock, no par value, and any stock into or for which such Common Stock may hereafter be converted or exchanged, and the term "Unit" shall mean that number of the Company's Class A Common Stock and Class A Warrants that constitutes a Unit under the Unit Purchase Options, as may be adjusted from time to time pursuant to the terms of the Unit Purchase Option.

  • Paramount Capital, Inc., (the "PCI") an NASD member broker dealer and an affiliate of Aries Domestic and the Aries Fund terminated Unit Purchase Options issued pursuant to a Financial Advisory Agreement previously entered into between the Issuer and PCI.

  • As a condition of the Holder’s receipt and acceptance of this Unit Purchase Option, Holder agrees that, at any time prior to the complete exercise of this Unit Purchase Option by Holder, if the Company and Dawson enter into an agreement (the “ Exchange Agreement”) pursuant to which they agree that all outstanding Unit Purchase Options will be exchanged for securities or cash or a combination of both, then Holder shall agree to such exchange and become a party to the Exchange Agreement.

  • THE OFFERING The Selling Securityholders are using this prospectus to offer Common Stock issuable upon exercise of options and warrants, Common Stock issuable upon exercise of Class A Warrants and Class B Warrants issued in a private placement in 1995 and Common Stock underlying Unit Purchase Options issued to the underwriter in our initial public offering in November 1995.

  • The Company shall within three business days transfer this Unit Purchase Option on the books of the Company and shall execute and deliver a new Unit Purchase Option or Unit Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.


More Definitions of Unit Purchase Options

Unit Purchase Options is defined in Section 2.1.4.
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Unit Purchase Options means the options to purchase an aggregate of 250,000 units of Buyer (with each unit containing one Buyer Ordinary Share, one Buyer Warrant, and one Buyer Right) issued to EarlyBirdCapital, Inc. (“EBC”) and its designees in connection with the IPO.
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Unit Purchase Options means those certain Unit Purchase Options granted by the Company and initially dated as of April 12, 1995.
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Unit Purchase Options means the outstanding Unit Purchase Options granted to X.X. Xxxxx and its affiliates in connection with the Company's initial public offering to purchase a unit, comprising (i) one share of Class A Common Stock, (ii) one Class A Warrant, and (iii) one Class B Warrant, and which collectively grant the holders of the Unit Purchase Options the right to purchase an aggregate of up to 622,500 shares of Class A Common Stock. (f)
Sample 1
Unit Purchase Options means the Unit Purchase Options initially issued through the Company's private placement financing of July 20, 2001, with each divisible Unit Purchase Option originally consisting of 100,000 shares of the Company's Series A Convertible Redeemable Preferred Stock and 35,000 common stock purchase warrants for an original issue purchase price of $100,000 per unit.
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Related to Unit Purchase Options

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2024-1 Vehicle for which the related 2024-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Purchase Option As defined in Section 3.18(c).

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Unit Shares means the Common Shares comprising part of the Units;

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Common Units is defined in the Partnership Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Warrant Agreements means those agreements entered into in connection with the Loan, substantially in the form attached hereto as Exhibit B pursuant to which Borrower granted Lender the right to purchase that number of shares of Series B Preferred Stock of Borrower as more particularly set forth therein.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C attached hereto.

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Class B Warrants means the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.