Examples of SVB Warrant in a sentence
If a warrant holder exercises this option, there will be variability in the number of shares issued per SVB Warrant.
In connection with its execution of the Loan Agreement, Glowpoint also issued a warrant to SVB that entitles SVB to purchase 72,394 shares of Glowpoint’s Common Stock at an exercise price of $0.01 per share (the "SVB Warrant").
As soon as practicable after the date hereof but no later than ten (10) days prior to the Offer Closing Date, the Company shall notify the holder of the SVB Warrant (the “SVB Warrant Holder”) in writing in accordance with the notice provision of the SVB Warrant of the Offer and the Offer Closing Date (as anticipated on such date of notice).
For the year ended December 31, 2021, significant estimates and assumptions include the fair value of the 2021 Convertible Notes, the fair value of the liability for the SVB Warrant, the fair value of the Company’s preferred and common stock and stock-based compensation.
No interest will be paid or accrued on any portion of the SVB Warrant Merger Consideration payable to SVB.