Adjustments for Combinations, Etc. If at any time while this Warrant, or any portion thereof, remains outstanding and unexpired, the outstanding Shares are reverse-split, combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares issuable upon exercise or conversion of this Warrant shall be proportionately decreased. If the outstanding Shares are split, combined or consolidated, by reclassification or otherwise, into a greater number of shares, the Warrant Price shall be proportionately decreased and the number of Shares issuable upon exercise of or conversion of this Warrant shall be proportionately increased.
Appears in 5 contracts
Samples: Accelerize Inc., Accelerize Inc., MOVING iMAGE TECHNOLOGIES INC.
Adjustments for Combinations, Etc. If at any time while this Warrant, or any portion thereof, remains outstanding and unexpired, the outstanding Shares are reverse-split, combined or consolidated, by reclassification reclassification, reverse split or otherwise, into a lesser number of sharesShares, the Warrant Price shall be proportionately increased and the number Number of Shares issuable upon exercise or conversion of under this Warrant shall be proportionately decreased. If the outstanding Shares are splitsubdivided, combined split or consolidatedmultiplied, by reclassification reclassification, a stock dividend resulting in the issuance of additional Shares or otherwise, into a greater number of sharesShares, the Warrant Price shall be proportionately decreased and the number Number of Shares issuable upon exercise of or conversion of under this Warrant shall be proportionately increased.
Appears in 4 contracts
Samples: Investors’ Rights Agreement (Seres Therapeutics, Inc.), Evelo Biosciences, Inc., Seres Health, Inc.
Adjustments for Combinations, Etc. If at any time while this Warrant, or any portion thereof, thereof remains outstanding and unexpired, . the outstanding Shares are reverse-split, combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Exercise Price shall be he proportionately increased and the number of Shares issuable upon exercise or conversion of this Warrant shall be proportionately decreased. If the outstanding Shares are split, combined or consolidated, by reclassification or otherwise, into a greater number of shares, the Warrant Exercise Price shall be proportionately decreased and the number of Shares issuable upon exercise of or conversion of this Warrant shall be proportionately increased.
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Adjustments for Combinations, Etc. If at any time while this Warrant, or any portion thereof, remains outstanding and unexpired, the outstanding Shares are reverse-split, combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Exercise Price shall be proportionately increased and the number of Shares issuable upon exercise or conversion of this Warrant shall be proportionately decreased. If the outstanding Shares are split, combined or consolidated, by reclassification or otherwise, into a greater number of shares, the Warrant Exercise Price shall be proportionately decreased and the number of Shares issuable upon exercise of or conversion of this Warrant shall be proportionately increased.
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