True Up Warrants Sample Clauses

True Up Warrants. On the date of this Amendment, the Company shall issue to each Purchaser a warrant, substantially in the form attached hereto as Exhibit A (the “True Up Warrant”) registered in the name of such Purchaser to purchase up to a number of shares of Common Stock equal to (i) 30% of such Purchaser’s Principal Amount in respect of the First Tranche Closing divided by the VWAP of the Common Stock on December 28, 2022 minus (ii) the number of Warrants issued to such Purchaser under the First Tranche Closing. Such True Up Warrants shall be issued under Rule 144 of the Securities Act but shall be entitled to piggy-back registrations rights in connection with the registration of the Second Tranche, if applicable. Such True Up Warrants shall have the same terms as, and be treated for all purposes under the Securities Purchase Agreement as, the Warrants issued in connection with the First Tranche Closing. (i) Section 5.5 of the Securities Purchase Agreement is hereby amended by deleting the following parenthetical: (or, after the Third Tranche Closing Date, the Required Holders)