Offered Warrant definition

Offered Warrant means a Common Share purchase warrant of the Issuer, one-half of which comprises part of a Offered Unit; each Offered Warrant entitling the holder thereof to acquire one Offered Warrant Share at an exercise price of $0.25 per Offered Warrant Share for a period of 24 months from the Closing.

Examples of Offered Warrant in a sentence

  • Notwithstanding the foregoing, the Company shall not be obligated to file a registration statement with respect to the Offered Warrant Shares on more than one occasion.

  • The purchase price to be paid for the Optional Shares and Optional Warrants will be the same price per Optional Share and Optional Warrant as the price per Offered Share or Offered Warrant, as the case may be, set forth in Section 1 hereof.

  • The Underwriter plans to offer the Offered Shares and Offered Warrants to the public at a public offering price of $5.00 per Offered Share and $.10 per Offered Warrant.

  • The Series B Offered Warrants and the Series B Offered Warrant Shares issuable upon exercise of the Series B Offered Warrants will have been duly authorized, and if, as and when issued in accordance with the terms of the Series B Offered Warrants and the payment of the exercise price therefore, if any, such Series B Offered Warrant Shares will be validly issued, fully paid and non-assessable.

  • The Series A Offered Warrants and the Series A Offered Warrant Shares issuable upon exercise of the Series A Offered Warrants will have been duly authorized, and if, as and when issued in accordance with the terms of the Series A Offered Warrants and the payment of the exercise price therefore, such Series A Offered Warrant Shares will be validly issued, fully paid and non-assessable.

  • In the event that the Company does not elect to purchase or obtain the Offered Warrant as specified in the Offer Notice within the Election Period, the Holder may, during the 90 calendar days following the expiration of the Election Period, sell the Offered Warrant to any person or persons at a price not less than 90% of the price, and upon terms no more favorable than those specified in the Offer Notice.

  • Within 20 days after its receipt of the Offer Notice (the “Election Period”), the Company may elect to purchase or obtain, at the price and on the terms specified in the Offer Notice, the Offered Warrant.

  • On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company hereby agrees to sell the Offered Shares and Offered Warrants to the Underwriter, and the Underwriter agrees to purchase the Offered Shares and Offered Warrants from the Company, at a purchase price of $4.50 per Offered Share and $.09 per Offered Warrant.

  • In addition, factors such as inadequate research on the selection of investment products and specific investment objects by the investment personnel of transaction business of the Company, incorrect decisions, inappropriate investment timing, improper operation may all adversely affect the Company’s transaction business and its overall business performance and financial position.

  • If the Holder determines not to accept an offer, if any, from the Company, or if the Company does not make an offer, the Holder may thereafter transfer the Offered Warrant proposed to be transferred to an Independent Third Party at a price at least equal to the price, if any, offered by the Company (or if no such price was offered by the Company, at a price to be determined by the Holder).

Related to Offered Warrant

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Purchaser Shares means the common shares in the capital of the Purchaser.

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

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Remaining Shares shall have the meaning set forth in Section 2.03(a).

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

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

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

  • Offer Shares shall have the meaning ascribed to it in Section 2.4.1.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

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

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

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

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

  • Sold Shares shall have the meaning specified in Section 6.

  • Acquired Shares has the meaning set forth in the Recitals.

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

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Sale Shares shall have the meaning given to it in Recital (B);

  • SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement Warrants.

  • Call Warrant As defined in the recitals.