Braingrid Options definition

Braingrid Options means the options to purchase common shares of Braingrid at prices of $0.01, $0.40 and $0.53;
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Braingrid Options means the options to purchase common shares of Braingrid; "Braingrid Shareholders" means the shareholders of Braingrid;
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Examples of Braingrid Options in a sentence

  • The rate of exchange of Resulting Issuer Legacy Options for Braingrid Options shall be the equal to the Share Exchange Ratio.

  • To the extent any holder of Braingrid Options would otherwise be entitled to receive a fractional number of Resulting Issuer Legacy Options on the Effective Date, the number of Resulting Issuer Legacy Options to be issued to such holder of Braingrid Options shall be rounded to the nearest whole Resulting Issuer Legacy Option.

  • To the extent any holder of Braingrid Options would otherwise be entitled to receive a fractional number of Resulting Legacy Issuer Options on Closing of the Amalgamation, the number of Resulting Issuer Legacy Options to be issued to such holder of Braingrid Options shall be rounded to the nearest whole Resulting Issuer Legacy Option.

  • Braingrid does not have any outstanding subscriptions, options, rights, warrants or other agreements or commitments obligating Braingrid to sell or issue any additional shares or securities of any class of Braingrid or any securities convertible into any shares of any class of Braingrid, other than in connection with the Summer Financing, the Braingrid Winter Broker Warrants, the Braingrid Winter Warrants and the Braingrid Options.