Common use of Exercise Floor Price Clause in Contracts

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 8 contracts

Samples: Felicitex Therapeutics Inc., Elate Group, Inc., Felicitex Therapeutics Inc.

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Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant hereof shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 6 contracts

Samples: Common Share Purchase (Clearmind Medicine Inc.), Innovation Beverage Group LTD, ParaZero Technologies Ltd.

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 4 contracts

Samples: Common Stock Purchase (Infinite Group Inc), Common Stock Purchase Warrant (Bruush Oral Care Inc.), Infinite Group Inc

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 4 contracts

Samples: Wearable Devices Ltd., Wearable Devices Ltd., Wearable Devices Ltd.

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Bruush Oral Care Inc.), Wearable Devices Ltd.

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price per share price of warrants Ordinary Shares issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 1 contract

Samples: Jeffs' Brands LTD

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, events (the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 1 contract

Samples: Elate Group, Inc.

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Exercise Floor Price. No adjustment to the Exercise Price pursuant to each of Section 3(b) or Section 3(f) of this Warrant hereof shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Share Combination Event and/ or Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 1 contract

Samples: Common Share Purchase (Clearmind Medicine Inc.)

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price purchase price of warrants each Unit issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations recapitalizations, and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 1 contract

Samples: Jeffs' Brands LTD

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(f3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the Initial Exercise Price of warrants issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events, the “Exercise Floor Price”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence, then the Exercise Price shall be equal to the Exercise Floor Price.

Appears in 1 contract

Samples: Wearable Devices Ltd.

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