Common use of Adequate ADSs Clause in Contracts

Adequate ADSs. The Company will at all times have authorized and reserved a sufficient number of Class A Common Shares of the Company to provide for the exercise of the rights represented by this Agreement and the respective Warrants Agreement. The initial reserve will be set at 3,000,000 Class A Common Shares of the Company.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Lion Group Holding LTD), Securities Purchase Agreement (Lion Group Holding LTD)