Examples of Advisory Warrant in a sentence
Each Broker Warrant and Advisory Warrant is exercisable at the Issue Price for a period of 12 months following the date the escrow release conditions were satisfied.
Review of FY19 Questions submitted by Advisory, Warrant, and School Committee - The questions received were provided along with the following: FY15-19 Operating Expenditure summary, FY19 Staffing summary, FY19 Summary of Anticipated Grants, and FY18 Technology Inventory summary.
In conjunction with the issuance of the Series B Debenture Units, each Broker Warrant and Advisory Warrant (as defined below) is exercisable into one Underlying Share at an exercise price of $4.15 (CAD $6.90) per share until the earlier of 60 months from October 30, 2018, and 24 months from the completion of a Going Public Transaction (Note 24(a)), subject to adjustment and/or acceleration in certain circumstances.
September Advisory Warrant is exercisable into one Xtraction Share at the greater of 85% of the subscription receipt issue price of the next qualified securities issued, as defined or at a conversion price of $0.85 until 2 years from issuance.
Pursuant to the terms of the Advisory Agreement, and in consideration for providing general consulting and support services (the “Services”), the Company will pay to the Advisor: i) a cash fee of $1,920; ii) 230,028 warrants (the “Advisory Warrants”) of which each Advisory Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.70 for a period of 24 months from the date of issuance of such warrant; and iii) 6,500 units (the “Advisory Units”).
Each Advisory Warrant entitles the holder to purchase one Unit comprised of one common share and one half of one warrant.
This obviously does not justify any assumption that there was a causal relationship.
On January 28, 2021, the Company issued 401,678 Advisory Warrant Units as part of the Series A Financing.
The company’s directors, officers, employees, consultants, and early investors account for 49% of the issued and outstanding shares of the company.2 Common Shares 22,348,744 Stock Options1,915,000 Advisory Warrant Units3464,984 Warrants13,869,774 Broker Warrant Units4377,652 Total Common Shares on a fully-diluted basis39,397,472 1.
Specific surviving conditions will include, but not limited to: (I) payment of the monthly retainer and expenses incurred through termination, (ii) grant and survival of the Advisory Warrant pursuant to 2(b), (iii) payment of Success Fees earned under section 2(d) during the Term and for Transactions considered during the Term and completed within 18 months of the termination of this agreement, (iv) Section 3, Future Investment Banking Activities and (v) Section 5, Indemnity.