Warrant Cap definition
Examples of Warrant Cap in a sentence
As of the date hereof, you have acquired [_____] Warrant Shares under the Warrant for a total Warrant consideration of [______] and may puchase up to [_______] additional Warrant Shares before reaching the Warrant Cap.
In no event shall Milestone Warrants be issued under this Agreement once warrants equaling the Warrant Cap have been issued.
If the issued and outstanding shares of the Company’s Common Stock shall have been changed into a different number of shares or a different class by reason of any stock split, reverse stock split, stock dividend, reclassification, recapitalization, split-up, combination, exchange of shares or other similar transaction, then the Warrant Cap shall be correspondingly adjusted.