Common use of Exercise Floor Price Clause in Contracts

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price of Ordinary Shares issued in the Company’s initial public offering (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: Jeffs' Brands LTD, Jeffs' Brands LTD, Jeffs' Brands LTD

AutoNDA by SimpleDocs

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price of Ordinary Shares the Common Stock issued in the Company’s initial public offering (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 3 contracts

Samples: Warrant Agency Agreement (Mitesco, Inc.), Innovative Eyewear Inc, Innovative Eyewear Inc

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price of Ordinary Shares issued in the Company’s initial public offering Initial Exercise Price (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: Elate Group, Inc., Elate Group, Inc.

Exercise Floor Price. No adjustment to the Exercise Price pursuant to this Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per $0.0001 (as adjusted pursuant to Section 3(a) hereof for share price of Ordinary Shares issued in the Company’s initial public offering (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: Adamis Pharmaceuticals Corp, Adamis Pharmaceuticals Corp

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e3(f) of this Warrant shall cause the Exercise Price to be less than 50% of the per share price Initial Exercise Price of Ordinary Shares warrants issued in the Company’s initial public offering (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: Elate Group, Inc., Elate Group, Inc.

AutoNDA by SimpleDocs

Exercise Floor Price. No adjustment to the Exercise Price pursuant to this Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per $0.001 (as adjusted pursuant to Section 3(a) hereof for share price of Ordinary Shares issued in the Company’s initial public offering (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: T2 Biosystems, Inc.

Exercise Floor Price. No adjustment to the Exercise Price pursuant to Section 3(e) of this Warrant shall cause the Exercise Price to be less than 50% of the per share purchase price of Ordinary Shares each Unit issued in the Company’s initial public offering (as adjusted pursuant to Section 3(a) 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

Time is Money Join Law Insider Premium to draft better contracts faster.