Examples of Founder Warrants in a sentence
Changes in the fair value of the Warrants and Founder Warrants are recorded in the statement of profit or loss for each period.
Represents Underlying Founder Warrants to acquire up to 315,500 Common Shares, at an exercise price of $0.75 per share, expiring two years from the date of issuance of the Underlying Founder Warrant.
The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the issuance and sale of the Founder Warrants hereunder.
The shares of Common Stock issuable upon exercise of Founder Warrants shall be unregistered shares.
However, once such purchase rights are exercised, the Company may redeem the Founder Warrants issued upon such exercise provided that the criteria for redemption are met.