Exercise; Vesting. Subject to adjustment as hereinafter provided, the rights represented by this Warrant are exercisable on and after the earlier of (i) twelve (12) months following the date of the Public Offering or (ii) until the Expiration Date (the “Exercise Date”), at a price (the “Exercise Price”) per share equal to $0.50. The Exercise Price shall be payable in cash, or by certified or official bank check. This Warrant is fully vested.
Appears in 2 contracts
Sources: Subordinated Promissory Note and Stock Purchase Warrant (Vincera, Inc.), Subordinated Promissory Note and Stock Purchase Warrant (Vincera, Inc.)