Warrant Exchange Ratio definition
Examples of Warrant Exchange Ratio in a sentence
Yes, the warrants that are issued to the Pershing Square Funds upon exercise of the Forward Purchase Agreements will be deemed to have been exchanged in the Warrant Exchange Ratio in return for PSTH shares on the same terms as the 1/9th Distributable Redeemable Warrants.
The exercise price per share of Intercardia Common Stock (rounded down to the nearest cent) issuable under each Replacement Warrant will equal the per share exercise price of the corresponding Transcell Warrant divided by the Warrant Exchange Ratio.
Each “Parent Unit” shall consist of (i) that fraction of a share of Parent Common Stock equal to the Stock Exchange Ratio and (ii) that fraction of a Warrant equal to the Warrant Exchange Ratio, and the per Parent Unit exercise price for each such assumed Company Warrant shall be equal to the exercise price of such Company Warrant immediately prior to the Effective Time.
The provision does not provide for the criminalisation of the possession of equipment that could be used for counterfeiting or similar crimes, as it would in practice often prove difficult to establish a sufficiently strong link between the mere possession of equipment, that could theoretically be used for counterfeiting, and the actual activity of counterfeiting or similar crimes.
For example, the Warrant Exchange Ratio for a Company Warrant exercisable into Company Series A Preferred shall be the sum of the Per Share Series A Preferential Consideration plus the Per Share Participating Consideration, and the Warrant Exchange Ratio for a Company Warrant exercisable into Company Common Stock shall be the sum of the Per Share Common Preferential Consideration plus the Per Share Participating Consideration.