Minimum Exercise Price. No adjustment shall made pursuant to this Section 3 if this would result in the Exercise Price per Ordinary Share to be below its par value, in which case the Exercise Price shall be set in the amount equivalent to its par value.
Appears in 3 contracts
Sources: Pre Funded Ordinary Share Purchase Warrant (Lobo Technologies Ltd.), Series a Ordinary Share Purchase Warrant (Lobo Technologies Ltd.), Warrant Agreement (Lobo Technologies Ltd.)