Agent Options definition
Examples of Agent Options in a sentence
All corporate action required to be taken for the authorization, issuance and sale of the Units, Common Stock, Warrants and Warrant Shares and Placement Agent Options has been duly and validly taken.
The Placement Agent Options have been duly authorized and validly issued, and the Common Stock and Warrants issuable upon exercise of the Placement Agent Options and the Common Stock issuable upon exercise of the Warrants, when issued and paid for, will be validly issued, fully paid and non-assessable, and the holders thereof will not be subject to personal liability by reason of being such holders.
The holders of the shares of Common Stock included in the Units and Warrant Shares and the shares of Common Stock underlying the Placement Agent Options and the Warrants issuable thereunder will not be subject to personal liability by reason of being such holders and will not be subject to the preemptive rights of any holders of any security of the Company or similar contractual rights granted by the Company.
The Selling Agent Options will have a strike price equal to 110% of the price of the Units sold in the Offering.
The shares of Common Stock included in the Units, the Warrant Shares and the shares of Common Stock underlying the Placement Agent Options and the Warrants issuable thereunder have been duly and validly authorized and, when issued and delivered in accordance with the terms of the Subscription Agreements, the Warrants and Placement Agent Options, as the case may be, will be duly and validly issued, fully paid and non-assessable.
All corporate action required to be taken for the authorization, issuance and sale of the Common Stock, included in the Units, the Warrant Shares and the shares of Common Stock underlying the Placement Agent Options and the Warrants issuable thereunder have been duly and validly taken.
The Warrants and Placement Agent Options conform to the descriptions thereof contained in the Offering Documents.
The registration rights granted in respect of the Registrable Securities shall inure to the benefit of each pledgee, assignee, transferee or purchaser of the Registrable Securities and each successor and heir of the Subscribers, Placement Agent and the holders of the Placement Agent Options.
The Placement Agent Option will contain registration rights with respect to the shares underlying the Placement Agent Options and Warrants issuable upon exercise of the Placement Agent Options identical to the registration rights granted to the Subscribers in the Offering.
The Units purchasable under the Placement Agent Options will be identical to the Units sold to the Subscribers.