Examples of Assumed Warrant in a sentence
If the foregoing calculation results in an Assumed Warrant being exercisable for a fraction of a share of Litronic Common Stock, then the number of shares of Litronic Common Stock subject to that warrant will be rounded to the nearest whole number of shares.
If the foregoing calculation results in an Assumed Warrant being exercisable for a fraction of a share of Excite Common Stock, then the number of shares of Excite Common Stock subject to such Assumed Warrant will be rounded down to the nearest whole number with no cash being payable for such fractional share.
Discussion, Consideration, and/or Action to Approve the Resolution for Disposing of Equipment, a Computer with CD-rom and network card.
If the Assumed Warrant is exercisable for a per share exercise price that includes a fraction of a cent, the exercise price shall be rounded down to the nearest whole cent.
Pursuant to the Merger Agreement, each warrant (“Otonomo Warrant”) to purchase Otonomo Shares that is outstanding and unexercised as of the Effective Time will be assumed by the Company and automatically converted into an Assumed Warrant, which will entitle the holder to acquire shares of Common Stock.