Warrant Sample Contracts

Warrant to Purchase Ordinary Shares Presbia Plc (December 12th, 2018)

THIS WARRANT TO PURCHASE ORDINARY SHARES (the "Warrant") certifies that, for value received, Richard S. Ressler, an individual (the "Holder") is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the "Initial Exercise Date") and on or prior to the close of business (Eastern Time) on the five year anniversary of the Initial Exercise Date (the "Termination Date") but not thereafter, to subscribe for and purchase from Presbia PLC, an Irish public limited company (the "Company"), up to 14,731,667 ordinary shares with a nominal value of US$0.001 each (the "Warrant Shares"). The purchase price of one ordinary share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

CF Finance Acquisition Corp. – Cf Finance Acquisition Corp. Units Consisting of One Share of Class a Common Stock and Three-Quarters of One Warrant, Each Whole Warrant Entitling the Holder to Purchase One Share of Class a Common Stock (December 11th, 2018)

This certificate shall be governed by and construed in accordance with the internal laws of the State of New York, without regard to conflicts of laws principles thereof.

Gores Metropoulos, Inc. – Gores Metropoulos, Inc. Units Consisting of One Share of Class a Common Stock and One-Third of One Warrant to Purchase One Share of Class a Common Stock (December 11th, 2018)
NGFC Equities, Inc. – Underwriter Warrant (December 11th, 2018)

NEITHER THESE SECURITIES NOR THE SECURITIES ISSUABLE UPON EXERCISE OF THESE SECURITIES HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY. THESE SECURITIES AND THE SECURITIES ISSUABLE UPON EXERCISE OF THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT SECURED BY SUCH SECURITIES.

Representative's Warrant (December 11th, 2018)

THIS WARRANT AND THE UNDERLYING SECURITIES HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "Securities ACT"), OR ANY STATE SECURITIES LAWS. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO SUCH SECURITIES UNDER THE SECURITIES ACT AND ALL APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION THEREFROM.

Zion Oil & Gas Inc – Annex B [Face of Certificate - ZION OIL & GAS, INC.] (SEE REVERSE SIDE FOR LEGEND) W WARRANTS (THIS WARRANT WILL BE VOID IF NOT EXERCISED PRIOR TO 5:00 P.M., EASTERN STANDARD TIME, February 25, 2020) ZION OIL & GAS, INC. CUSIP 989696 257 WARRANT (December 7th, 2018)

THIS CERTIFIES THAT, for value received _____________ is the registered holder of a Warrant or Warrants expiring February 25, 2020 (the "Warrant") to purchase one fully paid and non-assessable share of Common Stock, par value $.01 per share (the "Shares"), of ZION OIL & GAS, INC., a Delaware corporation (the "Company"). The Warrant entitles the holder thereof to purchase from the Company, commencing on February 25, 2019, one Share of the Company at the price of $0.01 per share, upon surrender of this Warrant Certificate and payment of the Warrant Price at the office or agency of the Warrant Agent, American Stock Transfer & Trust Company, LLC (such payment to be made by check made payable to the order of the Company), but only subject to the conditions set forth herein and in the Warrant Agreement between the Company and the Warrant Agent. In no event shall the registered holder of this Warrant be entitled to receive a net-cash settlement or other consideration in lieu of physical settl

Sysorex Global Holdings Corp. – FORM OF LETTER TO STOCKHOLDERS AND PARTICIPATING WARRANT HOLDERS WHO ARE RECORD HOLDERS AND JANUARY 2018 INVESTORS OF INPIXON Subscription Rights to Purchase Units Offered Pursuant to Subscription Rights Distributed to Stockholders and Participating Warrant Holders of Inpixon (December 7th, 2018)

This letter is being distributed by Inpixon (the "Company") to all holders of record of shares of its common stock, $0.001 par value per share (the "Common Stock"), Series 4 Convertible Preferred Stock, $0.001 par value per share ("Series 4 Preferred"), and participating warrants as of 5:00 p.m., Eastern Time, on December 6, 2018 (the "Record Date"), in connection with a distribution in a rights offering (the "Rights Offering") of non-transferable subscription rights (the "Subscription Rights") to subscribe for and purchase units ("Units"). Each Unit entitles the holder to one share of the Company's Series 5 Convertible Preferred Stock, $0.001 par value per share, and 200 Warrants. Each Warrant will be exercisable for one share of Common Stock. The Subscription Rights and Units are described in the prospectus supplement dated December 7, 2018 (a copy of which accompanies this notice) (as it may be amended from time to time, the "Prospectus Supplement").

CF Finance Acquisition Corp. – Cf Finance Acquisition Corp. Units Consisting of One Share of Class a Common Stock and One Warrant, Each Warrant Entitling the Holder to Purchase One Share of Class a Common Stock (December 4th, 2018)

This certificate shall be governed by and construed in accordance with the internal laws of the State of New York, without regard to conflicts of laws principles thereof.

Chardan Healthcare Acquisition Corp. – Units Consisting of One Share of Common Stock and One Warrant, Each Warrant Entitling the Holder to Purchase One-Half of One Share of Common Stock (December 4th, 2018)

Each Unit ("Unit") consists of one share of common stock, par value $.0001 per share, of Chardan Healthcare Acquisition Corp., a Delaware corporation (the "Company"), and one warrant. Each warrant entitles the holder to purchase one-half of one share of common stock of the Company at $11.50 per full share (subject to adjustment), upon the later to occur of (i) the Company's completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, with one or more target businesses (a "Business Combination") or (ii) 12 months from the closing of the Company's initial public offering (the "IPO"). Each warrant expires 5 years after the completion of our initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.

Schultze Special Purpose Acquisition Corp. – Units Consisting of One Share of Common Stock and One Warrant (November 28th, 2018)

Each Unit ("Unit") consists of one (1) share of common stock, par value $0.0001 per share ("Common Stock"), of Schultze Special Purpose Acquisition Corp., a Delaware corporation (the "Company"), and one warrant ("Warrant"). Each Warrant entitles the holder to purchase one share of Common Stock for $11.50 per share (subject to adjustment). Each Warrant will become exercisable on the later of (i) 30 days after the Company's completion of an initial merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities (a "Business Combination") and (ii) 12 months from the closing of the Company's initial public offering ("IPO"), and will expire unless exercised before 5:00 p.m., New York City Time, on the fifth anniversary of the completion of an initial Business Combination, or earlier upon redemption or liquidation. The Common Stock and Warrant(s) comprising the Unit(s) represented by thi

EVINE Live Inc. WARRANT (November 28th, 2018)

This warrant will vest as to all Warrant Shares at the open of trading on the Company's principal national securities exchange (currently the Nasdaq Stock Market, the "Principal Market") on the date when the VWAP equals or exceeds $3.00 for the 30 trading days preceding such open of trading on the Principal Market. For purposes of this Warrant, "VWAP" means, for Common Stock, the dollar volume-weighted average price for such security on the Principal Market (or, if the Principal Market is not the principal trading market for such security, then on the principal securities exchange or securities market on which such security is then traded) during the period beginning at 9:30:01 a.m., New York time, and ending at 4:00:00 p.m., New York time, as reported by Bloomberg through its "HP" function set to "weighted average" or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such secu

Schultze Special Purpose Acquisition Corp. – (See Reverse Side for Legend) This Warrant Will Be Void if Not Exercised Prior to the Expiration Date (Defined Below) (November 28th, 2018)

is the registered holder of a warrant or warrants (the "Warrant(s)") of Schultze Special Purpose Acquisition Corp., a Delaware corporation (the "Company"), expiring at 5:00 p.m., New York City time, on the five year anniversary of the Company's completion of an initial merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities (a "Business Combination"), to purchase one fully paid and non-assessable share of common stock, par value $0.0001 per share ("Shares"), of the Company for each Warrant evidenced by this Warrant Certificate. The Warrant entitles the holder thereof to purchase from the Company, commencing on the later of (a) ___________, 2019 and (b) 30 days after the Company's completion of an initial Business Combination, such number of Shares of the Company at the Warrant Price (as defined below), upon surrender of this Warrant Certificate and payment of the Warrant Pr

Aptorum Group Ltd – APTORUM GROUP LIMITED Warrant to Purchase Class a Ordinary Shares (November 28th, 2018)

Aptorum Group Limited, a Cayman Islands company (the "Company"), hereby certifies that, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Boustead Securities, LLC, the registered holder hereof or its permitted assigns (the "Holder"), is entitled, subject to the terms set forth below, to purchase from the Company, at the Exercise Price (as defined below) then in effect, upon exercise of this Warrant to Purchase Class A Ordinary Shares with par value USD$1.00 each (including any Warrants to purchase shares issued in exchange, transfer or replacement hereof, the "Warrant"), at any time or times on or after the date on which the IPO (as defined herein below) is consummated and of the commencement of trading on a U.S. national securities exchange of the Company's securities to be issued in such offering, to the extent permitted by the applicable SEC and FINRA rules, but not after 11:59 p.m., Eastern Time, on the Expiration Date (as defined be

Form of Representative's Warrant (November 27th, 2018)

THIS WARRANT AND THE UNDERLYING SECURITIES HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "Securities ACT"), OR ANY STATE SECURITIES LAWS. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO SUCH SECURITIES UNDER THE SECURITIES ACT AND ALL APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION THEREFROM.

Envestnet Inc – Warrant (November 27th, 2018)

FOR VALUE RECEIVED, the undersigned, Envestnet, Inc., a Delaware corporation (together with its successors and assigns, the Company), hereby certifies that

Warrant (November 23rd, 2018)

THIS WARRANT (AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT) IS SUBJECT TO AN AMENDED AND RESTATED STOCKHOLDERS' AGREEMENT, DATED AS OF THE DATE HEREOF, BY AND AMONG PEAK RESORTS, INC. (THE "COMPANY"), CERTAIN STOCKHOLDERS OF THE COMPANY, AND THE ORIGINAL HOLDER HEREOF (AS AMENDED FROM TIME TO TIME, THE "STOCKHOLDERS' AGREEMENT"). NO TRANSFER, SALE, ASSIGNMENT, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SECURITIES REPRESENTED BY THIS WARRANT MAY BE MADE EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF SUCH STOCKHOLDERS' AGREEMENT. A COPY OF THE STOCKHOLDERS' AGREEMENT SHALL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON REQUEST.

Warrant (November 23rd, 2018)

THIS WARRANT (AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT) IS SUBJECT TO AN AMENDED AND RESTATED STOCKHOLDERS' AGREEMENT, DATED AS OF THE DATE HEREOF, BY AND AMONG PEAK RESORTS, INC. (THE "COMPANY"), CERTAIN STOCKHOLDERS OF THE COMPANY, AND THE ORIGINAL HOLDER HEREOF (AS AMENDED FROM TIME TO TIME, THE "STOCKHOLDERS' AGREEMENT"). NO TRANSFER, SALE, ASSIGNMENT, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SECURITIES REPRESENTED BY THIS WARRANT MAY BE MADE EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF SUCH STOCKHOLDERS' AGREEMENT. A COPY OF THE STOCKHOLDERS' AGREEMENT SHALL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON REQUEST.

Warrant (November 23rd, 2018)

THIS WARRANT (AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT) IS SUBJECT TO AN AMENDED AND RESTATED STOCKHOLDERS' AGREEMENT, DATED AS OF THE DATE HEREOF, BY AND AMONG PEAK RESORTS, INC. (THE "COMPANY"), CERTAIN STOCKHOLDERS OF THE COMPANY, AND THE ORIGINAL HOLDER HEREOF (AS AMENDED FROM TIME TO TIME, THE "STOCKHOLDERS' AGREEMENT"). NO TRANSFER, SALE, ASSIGNMENT, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SECURITIES REPRESENTED BY THIS WARRANT MAY BE MADE EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF SUCH STOCKHOLDERS' AGREEMENT. A COPY OF THE STOCKHOLDERS' AGREEMENT SHALL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON REQUEST.

Aptorum Group Ltd – APTORUM GROUP LIMITED Warrant to Purchase Class a Ordinary Shares (November 15th, 2018)

Aptorum Group Limited, a Cayman Islands company (the "Company"), hereby certifies that, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Boustead Securities, LLC, the registered holder hereof or its permitted assigns (the "Holder"), is entitled, subject to the terms set forth below, to purchase from the Company, at the Exercise Price (as defined below) then in effect, upon exercise of this Warrant to Purchase Class A Ordinary Shares with par value USD$1.00 each (including any Warrants to purchase shares issued in exchange, transfer or replacement hereof, the "Warrant"), at any time or times on or after the date on which the IPO (as defined herein below) is consummated and of the commencement of trading on a U.S. national securities exchange of the Company's securities to be issued in such offering, to the extent permitted by the applicable SEC and FINRA rules, but not after 11:59 p.m., Eastern Time, on the Expiration Date (as defined be

Boxwood Merger Corp. – BOXWOOD MERGER CORP. UNITS CONSISTING OF ONE SHARE OF CLASS a COMMON STOCK AND One WARRANT, Each Warrant Entitling the Holder TO PURCHASE ONE SHARE OF CLASS a COMMON STOCK (November 15th, 2018)

Each Unit ("Unit") consists of one (1) share of Class A common stock, par value $0.0001 per share ("Common Stock"), of Boxwood Merger Corp., a Delaware corporation (the "Company"), and one warrant (each, a "Warrant"). Each Warrant entitles the holder to purchase one (1) share (subject to adjustment) of Common Stock for $11.50 per share (subject to adjustment). Each Warrant will become exercisable on the later of (i) thirty (30) days after the Company's completion of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, recapitalization or other similar business combination with one or more businesses (each a "Business Combination"), and (ii) twelve (12) months from the closing of the Company's initial public offering, and will expire unless exercised before 5:00 p.m., New York City Time, on the date that is five (5) years after the date on which the Company completes its initial Business Combination, or earlier upon redemption or liquidation (the "Expirat

Loop Industries, Inc. – Warrant (November 13th, 2018)

THIS CERTIFIES that, for value received, __________________ or its assigns (in either case, the "Holder") is entitled to purchase, subject to the provisions of this Warrant and the Note and Warrant Purchase Agreement by and between the Company (as hereinafter defined), the Holder and other parties thereto dated as of the date hereof (the "Note and Warrant Purchase Agreement"), from Loop Industries, Inc., a Nevada corporation (the "Company"), at the price per share set forth in Section 8 hereof, that number of shares of the Company's common stock (the "Common Stock") set forth in Section 7 hereof.This Warrant is referred to herein as the "Warrant" and the shares of Common Stock issuable pursuant to the terms hereof are sometimes referred to herein as "Warrant Shares."

Warrant to Purchase 5,670,103 Shares of the Common Stock of Trans-Lux Corporation (November 8th, 2018)

This Warrant has not been registered under the Securities Act of 1933, as amended (the Act) or any securities laws of the State of New York. This Warrant (and any shares of common stock issued upon exercise thereof, the Warrant Shares) has been acquired for investment (and not with a view toward distribution or resale) directly from Trans-Lux Corporation (the Company) in a transaction not involving any public offering, and must be held for the minimum period of time as may be required by applicable federal or state Securities Laws. No sale, pledge or other transfer or disposition of the Warrant or Warrant Shares, or of any interest therein, may be made unless in compliance with the terms herein and unless and until (i) a registration statement under the Act has been filed with the Securities and Exchange Commission and pursuant to any applicable state securities laws and has become effective with respect to such transfer or (ii) the Company shall have received an opinion of counsel re

Smart Server, Inc – WARRANT TO PURCHASE CLASS B COMMON STOCK OF RUMBLEON, INC. ISSUED ON October 30, 2018 VOID AFTER 5:30 P.M., EASTERN TIME, ON October 30, 2023 (October 31st, 2018)

THIS WARRANT AND ANY SHARES ACQUIRED UPON THE EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), AND MAY NOT BE SOLD, PLEDGED, HYPOTHECATED, DONATED OR OTHERWISE TRANSFERRED WITHOUT COMPLIANCE WITH THE REGISTRATION OR QUALIFICATION PROVISIONS OF APPLICABLE FEDERAL AND STATE SECURITIES LAWS OR APPLICABLE EXEMPTIONS THEREFROM.

CollPlant Holdings Ltd. – Warrant to Purchase Ordinary Shares Represented by American Depositary Shares Collplant Holdings Ltd. (October 30th, 2018)

THIS WARRANT TO PURCHASE ORDINARY SHARES REPRESENTED BY AMERICAN DEPOSITARY SHARES (the "Warrant") certifies that, for value received, Alpha Capital Anstalt or its assigns (the "Holder") is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the "Initial Exercise Date") and on or prior to the close of business at 5:00 p.m. (New York City time) on the five (5) year anniversary of the Initial Exercise Date (the "Termination Date) but not thereafter, to subscribe for and purchase from CollPlant Holdings Ltd., a company organized under the laws of the State of Israel (the "Company"), up to 49,607,407 Ordinary Shares (the "Warrant Shares") represented by 992,149 American Depositary Shares ("ADSs"), as subject to adjustment hereunder (the "Warrant ADSs"). The purchase price of one Warrant Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b). Notwithstanding

Barfresh Food Group Inc. – Re: Limited Subscription and Warrant Exercise Opportunity (October 29th, 2018)

Barfresh Food Group, Inc. (the "Company," "we," "us" or "our") is providing all holders of the Series D Warrants to Purchase Common Stock ("Series D Warrants") of record as of the date hereof, the opportunity to exercise those Warrants to purchase Common Stock held by them for cash for a limited period of time (the "Offer") in accordance with the terms as described herein.

Boxwood Merger Corp. – BOXWOOD MERGER CORP. UNITS CONSISTING OF ONE SHARE OF CLASS a COMMON STOCK AND ONE-Half of One WARRANT, Each Whole Warrant Entitling the Holder TO PURCHASE ONE SHARE OF CLASS a COMMON STOCK (October 26th, 2018)

Each Unit ("Unit") consists of one (1) share of Class A common stock, par value $0.01 per share ("Common Stock"), of Boxwood Merger Corp., a Delaware corporation (the "Company"), and one-half (1/2) of one warrant (each, a "Warrant"). Each whole Warrant entitles the holder to purchase one (1) share (subject to adjustment) of Common Stock for $11.50 per share (subject to adjustment). Each Warrant will become exercisable on the later of (i) thirty (30) days after the Company's completion of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, recapitalization or other similar business combination with one or more businesses (each a "Business Combination"), and (ii) twelve (12) months from the closing of the Company's initial public offering, and will expire unless exercised before 5:00 p.m., New York City Time, on the date that is five (5) years after the date on which the Company completes its initial Business Combination, or earlier upon redemption or liq

Alberton Acquisition Corp – Alberton Acquisition Corporation Incorporated Under the Laws of the British Virgin Islands Warrant (October 23rd, 2018)

THIS WARRANT CERTIFIES THAT, for value received _____________________, or registered agents, is the registered holder of a Warrant or Warrants (the "Warrant"), expiring on a date which is five (5) years from the closing of the initial business combination of the Company (as defined below), to purchase one-half (1/2) of one fully paid and non-assessable ordinary share (the "Warrant Shares"), no par value per share, of ALBERTON ACQUISITION CORPORATION, a British Virgin Islands company (the "Company"), for each Warrant evidenced by this Warrant Certificate. This Warrant Certificate is subject to and shall be interpreted under the terms and conditions of the Warrant Agreement (as defined below).

Alberton Acquisition Corp – Units Consisting of One Ordinary Share, One Warrant and One Right to Receive One-Tenth of One Ordinary Share (October 23rd, 2018)

Each Unit ("Unit") consists of one ordinary share, no par value, of Alberton Acquisition Corporation, a British Virgin Islands company (the "Company"), one redeemable warrant ("Warrant") and one right ("Right") to receive one-tenth (1/10) of an ordinary share. Each redeemable Warrant entitles the holder thereof to purchase one-half (1/2) of one ordinary share at a price of $11.50 per full share (subject to adjustment), upon the later to occur of (i) the Company's completion of a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities (a "Business Combination") or (ii) 12 months from the effective date of the Company's registration statement relating to its initial public offering. Every ten Rights entitles the holder thereof to receive one ordinary share upon consummation of the Company's initial Business Combination. The ordinary shares, Rights, and Warrants comprising th

Form of Representative's Warrant (October 22nd, 2018)

THIS PURCHASE WARRANT IS NOT EXERCISABLE PRIOR TO [_______], 2019 [DATE THAT IS SIX MONTHS FROM THE EFFECTIVE DATE OF THE REGISTRATION STATEMENT]. VOID AFTER 5:00 P.M., EASTERN TIME, [_______], 2022 [THE DATE THAT IS 48 MONTHS FOLLOWING THE EFFECTIVE DATE OF THE REGISTRATION STATEMENT].

Strainwise, Inc. – Warrant to Purchase Shares of Common Stock (October 22nd, 2018)

THIS CERTIFIES THAT, effective as of August 29 , 2018, for value received, Richland Fund LLC (the "Holder") is entitled to subscribe for and purchase from STWC Holdings, Inc., a Colorado corporation (the "Company"), 100,000 shares of the Company's Common Stock (as adjusted pursuant to Section 2 hereof) (the "Warrant Shares") at the purchase price of $[ ] per share [an amount that was 90% of the closing price on Initial Funding Date of first tranche warrants](as adjusted pursuant to Section 2 hereof) (the "Exercise Price") , upon the terms and subject to the conditions hereinafter set forth.

Vapotherm Inc – Neither This Warrant Nor the Securities Issuable Upon Exercise Hereof Have Been the Subject of Registration Under the Securities Act of 1933, as Amended (The Act), or Under the Securities Laws of Any State, and the Same Have Been (Or Will Be, With Respect to the Securities Issuable Upon Exercise Hereof) Issued in Reliance on Exemptions From the Registration Requirements of the Act and Applicable State Securities Laws. Neither This Warrant Nor the Securities Issuable Upon Exercise Hereof May Be Sold, Transferred, Pledged, Hypothecated or Otherwise Disposed of Except as Permitted Under Such Secu (October 19th, 2018)
Rockwell Medical Technologies, Inc. – Warrant to Purchase Shares of Common Stock of Rockwell Medical, Inc. (October 19th, 2018)

This Warrant is issued to The RBI Opportunities Fund, LLC, or its registered assigns (including any successors or assigns, the Purchaser), pursuant to that certain Securities Purchase Agreement, dated as of October 15, 2018, among Rockwell Medical, Inc., a Michigan corporation (the Company) and the Purchaser (the Purchase Agreement), and is subject to the terms and conditions of the Purchase Agreement.

Vapotherm Inc – Neither This Warrant Nor the Securities Issuable Upon Exercise Hereof Have Been the Subject of Registration Under the Securities Act of 1933, as Amended (The Act), or Under the Securities Laws of Any State, and the Same Have Been (Or Will Be, With Respect to the Securities Issuable Upon Exercise Hereof) Issued in Reliance on Exemptions From the Registration Requirements of the Act and Applicable State Securities Laws. Neither This Warrant Nor the Securities Issuable Upon Exercise Hereof May Be Sold, Transferred, Pledged, Hypothecated or Otherwise Disposed of Except as Permitted Under Such Secu (October 19th, 2018)
Vapotherm Inc – Corporation: VAPOTHERM, INC., a Delaware Corporation Number of Shares: 60,000 (Subject to Section 1.6) Class of Stock: Series C Preferred (Subject to Section 1.6) Warrant Price: $1.00 Per Share Issue Date: July 28, 2015 Expiration Date: July 28, 2025 (Subject to Section 4.1) (October 19th, 2018)
Vapotherm Inc – Neither This Warrant Nor the Securities Issuable Upon Exercise Hereof Have Been the Subject of Registration Under the Securities Act of 1933, as Amended (The Act), or Under the Securities Laws of Any State, and the Same Have Been (Or Will Be, With Respect to the Securities Issuable Upon Exercise Hereof) Issued in Reliance on Exemptions From the Registration Requirements of the Act and Applicable State Securities Laws. Neither This Warrant Nor the Securities Issuable Upon Exercise Hereof May Be Sold, Transferred, Pledged, Hypothecated or Otherwise Disposed of Except as Permitted Under Such Secu (October 19th, 2018)