Placement Agent Warrants definition
Examples of Placement Agent Warrants in a sentence
Each of the Placement Agent Warrants shall be transferable by the holder thereof only to an affiliate of the initial holder thereof unless at the time of transfer the Common Stock is then listed on a national securities exchange.
For the avoidance of doubt, no Cash Fee will be paid and no Placement Agent Warrants will be issuable in respect of the issuance of shares of Common Stock upon the conversion of the Bridge Notes.
The Placement Agent Warrants will have an option for cashless (net) exercise at any time after the Registration Effectiveness Deadline (as defined in the Registration Rights Agreement) when there is no effective registration statement registering, or such registration statement is not available for, the resale of the shares issuable upon exercise of the Placement Agent Warrants.
The Company shall use its commercially reasonable efforts to maintain the listing of the shares of Common Stock (including the Common Stock underlying the Notes and Placement Agent Warrants) issued to the Investors and the Placement Agent on such national securities exchange for at least five years from the date of this Agreement.
The Placement Agent Warrants shall be the same warrants issued to the investors in the Offering, including any mandatory exercise or call provision applicable to the investor warrants, and shall include a cashless exercise provision, registration rights, including one demand registration right and unlimited piggyback registration rights, and customary anti-dilution provisions for stock dividends, stock splits, combinations, recapitalizations and similar events.