Automatic Conversions. The entire remaining outstanding Debenture will automatically be converted into shares of Common Stock on the earlier to occur of (a) close of business on the Maturity Date, and (b) the 30th consecutive Trading Day that the Equity Conditions are met and the Closing Price is above $0.30 per share.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Beyond Commerce, Inc.), Securities Purchase Agreement (Beyond Commerce, Inc.)