Antidilution Adjustment. If the number of outstanding shares of capital stock of the Company are increased or decreased by a stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like, the Exercise Price and the number of shares purchasable pursuant to this Warrant shall be adjusted proportionately so that the ratio of (i) the aggregate number of shares purchasable by exercise of this Warrant to (ii) the total number of shares outstanding immediately following such stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like shall remain unchanged, and the aggregate purchase price of shares issuable pursuant to this Warrant shall remain unchanged. No adjustment shall be made for any issuances of shares other than as described above.
Appears in 1 contract
Sources: Redeemable Warrant to Purchase Common Stock (Trio Tech International)
Antidilution Adjustment. If the number of outstanding shares of capital stock ----------------------- of the Company are increased or decreased by a stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like, the Exercise Price and the number of shares purchasable pursuant to this Warrant shall be adjusted proportionately so that the ratio of (i) the aggregate number of shares purchasable by exercise of this Warrant to (ii) the total number of shares outstanding immediately following such stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like shall remain unchanged, and the aggregate purchase price of shares issuable pursuant to this Warrant shall remain unchanged. No adjustment shall be made for any issuances of shares other than as described above.
Appears in 1 contract
Sources: Redeemable Warrant to Purchase Common Stock (Trio Tech International)