Option Warrants definition
Examples of Option Warrants in a sentence
The Company hereby grants to the Underwriter an option to purchase up to any combination of 5,921,052 Option Shares at a purchase price per share of $0.35339 and/or 5,921,052 Option Warrants at a purchase price per warrant of $0.00001.
Public Offering Price per Share: $0.38 Common Warrant Exercise Price: $0.38 Number of Underwritten Shares: 39,473,684 Number of Common Warrants: 39,473,684 Number of Option Shares: 5,921,052 Number of Option Warrants: 5,921,052 Written Testing-the-Waters Communications Testing-the-Waters Authorization (to be delivered by Plus Therapeutics, Inc.
Option Warrants that become unexercisable, for example because of the departure of a beneficiary from the Company before the options are vested, shall become available for re-issue to other beneficiaries, it being understood that such options will be part of a new plan, with, as the case may be, a new vesting period and a new exercise price, in each case as may be determined by the Board.
Upon exercise of the Option, the Company will become obligated to convey to the Underwriters, and, subject to the terms and conditions set forth herein, the Underwriters will become obligated to purchase, the number of Option Shares and/or Option Warrants specified in such notice.