Bridge Warrant Shares definition

Bridge Warrant Shares means shares of Common Stock issued to each Purchaser upon exercise of the Bridge Warrant, including any Adjustment Shares (as defined in the Warrant”).
Bridge Warrant Shares means the Warrant Shares as defined in the Bridge Securities Purchase Agreement.
Bridge Warrant Shares means the shares of Common Stock issuable pursuant to the Common Stock Purchase Warrants and Amended and Restated Common Stock Purchase Warrants issued pursuant to the Purchase Agreement (the “Bridge Warrants”), the number of which is calculated by the following formula: if the Liquidity Event occurs on or prior to June 3, 2022, Y = 50% x X if the Liquidity Event occurs after June 3, 2022, Y = 75% x X Where: Y = Bridge Warrant Shares X = Bridge Notes Shares

Examples of Bridge Warrant Shares in a sentence

  • The issue and sale of the Notes, Bridge Warrants, Bridge Warrant Shares and Bridge Shares (and the conversion Warrants, Conversion Warrant Shares and Conversion Shares) will not result in a right of any holder of Company securities to adjust the exercise, exchange or reset price under such securities.

  • The Company reserves the right to place stop transfer instructions against the shares and certificates for the Bridge Shares and the Bridge Warrant Shares (and Conversion Shares and the Warrant Shares) to the extent specifically set forth under this Agreement.

  • No co-sale right, right of first refusal or other similar right exists with respect to the Notes, Bridge Warrants, Bridge Warrant Shares and Bridge Shares (or the Conversion Warrants, Conversion Warrant Shares and Conversion Shares) or the issuance and sale thereof.

  • Each Buyer and its affiliates is not a member of any group, nor is any Buyer acting in concert with any other person, including any other Buyer, with respect to its acquisition of the Notes, Bridge Warrants, Bridge Warrant Shares or Bridge Shares (and the Conversion Warrants, Conversion Warrant Shares or Conversion Shares).

  • Neither the Company, nor any of its affiliates, nor any person acting on its or their behalf, has engaged in any form of general solicitation or general advertising (within the meaning of Regulation D) in connection with the offer or sale of the Notes, the Bridge Warrants, the Bridge Warrant Shares or the Bridge Shares.

  • The Bridge Shares and the Bridge Warrant Shares (and the Conversion Warrant Shares and Conversion Shares) have been duly authorized and reserved for issuance.

  • Upon closing of the Merger in accordance with the Transaction Documents, the Bridge Shares and the Bridge Warrant Shares, upon exercise of the Bridge Warrants, will be duly issued, fully paid and nonassessable.

  • The Bridge Warrant Shares have been duly authorized and reserved for issuance by the Company and, when issued and delivered by the Company upon exercise of the Bridge Warrants pursuant to the terms provided for therein, will be validly issued, fully paid and nonassessable.

  • There can be no assurance that there will be any market or resale for the Notes, Bridge Shares, Bridge Warrants or Bridge Warrant Shares (or the Conversion Shares, Conversion Warrants or Conversion Warrant Shares), nor can there be any assurance that the Notes, Bridge Shares, Bridge Warrants or Bridge Warrant Shares (or the Conversion Shares, Conversion Warrants or Conversion Warrant Shares) will be freely transferable at any time in the foreseeable future.

  • The Boustead Bridge Warrant Shares have been duly authorized and reserved for issuance by the Company and, when issued and delivered by the Company upon exercise of the Boustead Bridge Warrants pursuant to the terms provided for therein, will be validly issued, fully paid and nonassessable.


More Definitions of Bridge Warrant Shares

Bridge Warrant Shares shall have the meaning ascribed to such term in Section 3.1(g).
Bridge Warrant Shares shall have the meaning set forth in the definition of "Registrable Securities." "Business Day" means any day except Saturday, Sunday and any day which is a legal holiday or a day on which banking institutions in the state of Florida generally are authorized or required by law or other government actions to close. "Commission" means the Securities and Exchange Commission. "Common Stock" means the Company's Common Stock, $.001 par value. "Conversion Shares" shall have the meaning set forth in the definition of "Registrable Securities." "Effectiveness Date" means with respect to the Registration Statement the earlier of (i) the 120th day following the Closing Date (or the 150th day following the Closing Date in the event that the Registration Statement is "reviewed" by the Commission), before which the Company will use its best efforts to cause the Registration Statement to become effective, and (ii) the date which is within five (5) Business Days of the date on which the Commission informs the Company (a) that the Commission will not review the Registration Statement, or (b) that the Company may request the acceleration of the effectiveness of the Registration Statement.
Bridge Warrant Shares has the meaning set forth in Section 2.4.
Bridge Warrant Shares shall have the meaning set forth in the RRA.

Related to Bridge Warrant Shares

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Warrant Share means the Common Shares issuable upon the exercise of the Warrants.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Exercise Shares means shares of the Company’s Common Stock issuable upon exercise of this Warrant, as appropriate.

  • Common Shares means the common shares in the capital of the Corporation;

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • PIPE Shares shall have the meaning given in the Recitals hereto.