Common Contracts
1 similar Agency Agreement contracts by Titan Medical Inc
AGENCY AGREEMENTAgency Agreement • August 7th, 2018 • Titan Medical Inc • Surgical & medical instruments & apparatus • Ontario
Bloom Burton Securities Inc. (the “Agent”) understands that Titan Medical Inc. (the “Corporation”) proposes to issue and sell a minimum of 6,400,000 units of the Corporation (the “Offered Units”) and up to a maximum of 8,000,000 Offered Units at a price of US $2.50 per Offered Unit (the “Offering Price”) for aggregate gross proceeds of a minimum of US $16,000,000 (the “Minimum Offering”) up to a maximum of US $20,000,000 (the “Maximum Offering”). Each Offered Unit shall consist of (i) one Common Share (as defined herein) (a “Unit Share”) and (ii) one Common Share purchase warrant (a “Warrant”). Each Warrant shall be issued pursuant to and subject to the terms of the Warrant Indenture (as defined herein). Each Warrant shall entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at an exercise price of US $3.20 per Warrant Share, subject to adjustment, at any time until 5:00 p.m. (Toronto time) on the date that is five years after the Initial Closing Date (as defined
