Additional Shares Table. The following table sets forth hypothetical Fundamental Change Effective Dates, Stock Prices and the number of Additional Shares by which the Conversion Rate will be increased per $1,000 principal amount of Loans for a Lender that converts a Loan in connection with a Fundamental Change having such Fundamental Change Effective Date and Stock Price. Effective Date $ 1.15 $ 1.25 $ 1.40 $ 1.60 $ 1.80 $ 2.00 $ 2.50 $ 3.00 $ 3.50 $ 4.00 $ 5.00 $ 6.00 $ 8.00 December 28, 2018 2.4456 2.1909 1.8846 1.5758 1.3435 1.1633 0.8526 0.6560 0.5208 0.4222 0.2879 0.2004 0.0924 January 5, 2020 2.4456 2.1524 1.8350 1.5186 1.2840 1.1042 0.7996 0.6111 0.4837 0.3920 0.2685 0.1889 0.0913 January 5, 2021 2.4456 2.1018 1.7696 1.4436 1.2059 1.0267 0.7306 0.5528 0.4353 0.3522 0.2421 0.1721 0.0868 January 5, 2022 2.4456 2.0379 1.6851 1.3459 1.1043 0.9263 0.6419 0.4785 0.3740 0.3017 0.2080 0.1493 0.0783 January 5, 2023 2.4456 1.9630 1.5800 1.2212 0.9740 0.7978 0.5305 0.3869 0.2994 0.2408 0.1666 0.1209 0.0659 January 5, 2024 2.4456 1.8705 1.4396 1.0508 0.7964 0.6251 0.3874 0.2738 0.2097 0.1686 0.1179 0.0867 0.0490 January 5, 2025 2.4456 1.7545 1.2311 0.7879 0.5282 0.3749 0.2028 0.1391 0.1073 0.0875 0.0625 0.0468 0.0273 January 5, 2026 2.4456 1.7500 0.8929 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000
Appears in 1 contract
Sources: Senior Subordinated Convertible Loan Agreement (Melinta Therapeutics, Inc. /New/)
Additional Shares Table. The following table sets forth hypothetical Fundamental Change Effective Dates, Stock Prices and the number of Additional Shares by which the Conversion Rate will be increased per $1,000 principal amount of Loans for a Lender that converts a Loan in connection with a Fundamental Change having such Fundamental Change Effective Date and Stock Price. Effective Date $ 1.15 $ 1.25 $ 1.40 $ 1.60 $ 1.80 $ 2.00 $ 2.50 $ 3.00 $ 3.50 $ 4.00 $ 5.00 $ 6.00 $ $5.75 $6.25 $7.00 $8.00 $9.00 $10.00 $12.50 $15.00 $17.50 $20.00 $25.00 $30.00 $40.00 December 28, 2018 2.4456 2.1909 1.8846 1.5758 1.3435 1.1633 0.8526 0.6560 0.5208 0.4222 0.2879 0.2004 0.0924 0.4891 0.4382 0.3769 0.3152 0.2687 0.2327 0.1705 0.1312 0.1042 0.0844 0.0576 0.0401 0.0185 January 5, 2020 2.4456 2.1524 1.8350 1.5186 1.2840 1.1042 0.7996 0.6111 0.4837 0.3920 0.2685 0.1889 0.0913 0.4891 0.4305 0.3670 0.3037 0.2568 0.2208 0.1599 0.1222 0.0967 0.0784 0.0537 0.0378 0.0183 January 5, 2021 2.4456 2.1018 1.7696 1.4436 1.2059 1.0267 0.7306 0.5528 0.4353 0.3522 0.2421 0.1721 0.0868 0.4891 0.4204 0.3539 0.2887 0.2412 0.2053 0.1461 0.1106 0.0871 0.0704 0.0484 0.0344 0.0174 January 5, 2022 2.4456 2.0379 1.6851 1.3459 1.1043 0.9263 0.6419 0.4785 0.3740 0.3017 0.2080 0.1493 0.0783 0.4891 0.4076 0.3370 0.2692 0.2209 0.1853 0.1284 0.0957 0.0748 0.0603 0.0416 0.0299 0.0157 January 5, 2023 2.4456 1.9630 1.5800 1.2212 0.9740 0.7978 0.5305 0.3869 0.2994 0.2408 0.1666 0.1209 0.0659 0.4891 0.3926 0.3160 0.2442 0.1948 0.1596 0.1061 0.0774 0.0599 0.0482 0.0333 0.0242 0.0132 January 5, 2024 2.4456 1.8705 1.4396 1.0508 0.7964 0.6251 0.3874 0.2738 0.2097 0.1686 0.1179 0.0867 0.0490 0.4891 0.3741 0.2879 0.2102 0.1593 0.1250 0.0775 0.0548 0.0419 0.0337 0.0236 0.0173 0.0098 January 5, 2025 2.4456 1.7545 1.2311 0.7879 0.5282 0.3749 0.2028 0.1391 0.1073 0.0875 0.0625 0.0468 0.0273 0.4891 0.3509 0.2462 0.1576 0.1056 0.0750 0.0406 0.0278 0.0215 0.0175 0.0125 0.0094 0.0055 January 5, 2026 2.4456 1.7500 0.8929 0.4891 0.3500 0.1786 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000
Appears in 1 contract
Sources: Senior Subordinated Convertible Loan Agreement (Melinta Therapeutics, Inc. /New/)
Additional Shares Table. The following table sets forth hypothetical Fundamental Change Effective Dates, Stock Prices and the number of Additional Shares by which the Conversion Rate will be increased per $1,000 principal amount of Loans for a Lender that converts a Loan in connection with a Fundamental Change having such Fundamental Change Effective Date and Stock Price. Stock Price Effective Date $ 1.15 $ 1.25 $ 1.40 $ 1.60 $ 1.80 $ 2.00 $ 2.50 $ 3.00 $ 3.50 $ 4.00 $ 5.00 $ 6.00 $ 8.00 December 28, 2018 2.4456 2.1909 1.8846 1.5758 1.3435 1.1633 0.8526 0.6560 0.5208 0.4222 0.2879 0.2004 0.0924 January 5, 2020 2.4456 2.1524 1.8350 1.5186 1.2840 1.1042 0.7996 0.6111 0.4837 0.3920 0.2685 0.1889 0.0913 January 5, 2021 2.4456 2.1018 1.7696 1.4436 1.2059 1.0267 0.7306 0.5528 0.4353 0.3522 0.2421 0.1721 0.0868 January 5, 2022 2.4456 2.0379 1.6851 1.3459 1.1043 0.9263 0.6419 0.4785 0.3740 0.3017 0.2080 0.1493 0.0783 January 5, 2023 2.4456 1.9630 1.5800 1.2212 0.9740 0.7978 0.5305 0.3869 0.2994 0.2408 0.1666 0.1209 0.0659 January 5, 2024 2.4456 1.8705 1.4396 1.0508 0.7964 0.6251 0.3874 0.2738 0.2097 0.1686 0.1179 0.0867 0.0490 January 5, 2025 2.4456 1.7545 1.2311 0.7879 0.5282 0.3749 0.2028 0.1391 0.1073 0.0875 0.0625 0.0468 0.0273 January 5, 2026 2.4456 1.7500 0.8929 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000
Appears in 1 contract
Sources: Senior Subordinated Convertible Loan Agreement (Melinta Therapeutics, Inc. /New/)