Reverse Split definition

Reverse Split has the meaning set forth in Section 5.21.

Reverse Split shall have the meaning ascribed to such term in Section 4.11(a).

Reverse Split means the one-for-two reverse split of the Stock authorized by the Board of Directors prior to the initial adoption of the Plan.

Examples of Reverse Split in a sentence

• The initial exercise price of 25% of the Warrants shall be $1.712 per share of Company Common Stock, without giving effect to the 8:1 Reverse Split.

• The initial exercise price of 25% of the Warrants shall be $0.856 per share of Company Common Stock, without giving effect to the 8:1 Reverse Split.

• The initial exercise price of 50% of the Warrants shall be $0.571 per share of Company Common Stock, without giving effect to the 8:1 Reverse Split.

• Giving effect to the 8:1 Reverse Split, the aggregate number of shares of Company Common Stock initially subject to the Warrants shall be 219,007,375 shares, and the initial exercise price of 50% of the Warrants shall be $4.566 per share of Company Common Stock, the initial exercise price of 25% of the Warrants shall be $6.849 per share of Company Common Stock and the initial exercise price of 25% of the Warrants shall be $13.698 per share of Company Common Stock.

• Giving effect to the 8:1 Reverse Split, shares of Preferred Stock shall have an initial conversion price of $4.566 per share of Company Common Stock.

More Definitions of Reverse Split

Reverse Split shall have the meaning set forth in Section 5.16.

Reverse Split means a reverse stock split of all outstanding shares of Parent Common Stock at a reverse stock split ratio in the range and at the time prior to Closing mutually agreed to by Parent and Company.

Reverse Split means a reverse split of the Company's shares of Common Stock in a ratio between one-for-three and one-for-five effected by the Company on or before the consummation of the Reverse Merger.

Reverse Split means a reverse stock split of the Company’s outstanding shares of Common Stock in a ratio of up to One to One Hundred (1:100), which has been approved by a majority of the Company’s voting shares (which includes the voting rights of the Preferred Stock) subsequent to a validly filed Schedule 14A or Schedule 14C Information Statement filing.

Reverse Split has the meaning set forth in Section 6.1(b).

Reverse Split means a one-for-32 reverse split of the Common Stock which does not reduce the number of shares of Common Stock that the Company is authorized to issue; provided, that such reverse split may be effected by providing that each 32 shares of Common Stock shall be exchanged for one share of common stock of the surviving entity in the Migratory Merger, in which case, the consummation of the Migratory Merger shall constitute the Reverse Split.

Reverse Split has the meaning set forth in Section 4.2.1.