Common use of Reverse Stock Splits Clause in Contracts

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on the effective date of such combination, the Warrant Price per share shall be proportionately increased and the number of Warrant Shares shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Genstar Therapeutics Corp), Corautus Genetics Inc

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Reverse Stock Splits. If the number of shares of Class A Common Stock and Class B Common Stock outstanding at any time after the Original Issuance Date Effective Time is decreased by a reverse stock split or combination of the -C3- outstanding shares of Class A Common Stock and Class B Common Stock, then, on following the effective record date of such combination, the Warrant Preferred Stock Conversion Price per share shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Class A Common Stock or Class B Common Stock (as applicable) issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close shares of business on the date the combination becomes effectiveClass A Common Stock and Class B Common Stock.

Appears in 2 contracts

Samples: Convertible Notes Purchase Agreement (Uber Technologies, Inc), Convertible Notes Purchase Agreement (Uber Technologies, Inc)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Date filing date of this Certificate of Designation is decreased by a combination of the -C3- outstanding shares of Common StockStock (including by way of a reverse stock split), then, on following the effective record date of such combination, the Warrant Conversion Price per share shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of Series D Preferred Stock shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (Yuma Energy, Inc.), Agreement and Plan of Merger and Reorganization (Yuma Energy, Inc.)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for each of the Series A, Series B, Series C and Series D Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 2 contracts

Samples: Preferred Stock Warrant Agreement (Zoosk, Inc), Zoosk, Inc

Reverse Stock Splits. If In the event the number -------------------- of shares of Common Stock outstanding at any time after the Original Issuance Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on immediately following the effective record date of such combination, the Warrant Conversion Price per share of the Series B-1 Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Durect Corp), Asset Purchase Agreement (Durect Corp)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Series F Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for the Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Conversion Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 2 contracts

Samples: Loan and Security Modification Agreement (Singulex Inc), Loan and Security Modification Agreement (Singulex Inc)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Price per Series B Conversion Rate for each share of Series B Preferred shall be proportionately increased and appropriately adjusted so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of Series B Preferred shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close shares of business on the date the combination becomes effectiveCommon Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Essex Corporation)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Date filing date of this Amended and Restated Certificate of Designation is decreased by a combination of the -C3- outstanding shares of Common StockStock (including by way of a reverse stock split), then, on following the effective record date of such combination, the Warrant Conversion Price per share shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of Series D Preferred Stock shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Restructuring and Exchange Agreement (Yuma Energy, Inc.)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Date date hereof is decreased by a combination or reverse split of the -C3- outstanding shares of Common Stock, then, on the effective date of such combinationcombination or reverse split, the Warrant Conversion Price per share shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of any shares of Convertible Stock shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close shares of business on the date the combination becomes effectiveCommon Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Physicians Specialty Corp)

Reverse Stock Splits. If the number of shares of -------------------- Common Stock outstanding at any time after the Original Issuance Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for the Series A Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Chemdex Corp)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Issue Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for the Series A Convertible Preferred Stock and the Series A-1 Convertible Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mso Holdings Inc)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for each of the Series A, Series A-l, Series B, Series B-l anx Xeries C Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (WhiteSmoke, Inc.)

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Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Bone Biologics, Corp.)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Date date hereof is decreased by a combination or reverse split of the -C3- outstanding shares of Common Stock, then, on the effective date of such combinationcombination or reverse split, the Warrant Conversion Price per share shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of any shares of Convertible Preferred Stock shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close shares of business on the date the combination becomes effectiveCommon Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Compdent Corp)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the applicable Original Issuance Issue Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant applicable Series Preferred Conversion Price per share shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Series D Preferred Stock Purchase Agreement (Neothetics, Inc.)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for each of the Series A and Series B Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Voting Agreement (WhiteSmoke, Inc.)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for the Series A Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Stock Purchase Agreement (Deltagen Inc)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for the Class A Common Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Master Agreement (Fallbrook Technologies Inc)

Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the Original Issuance Purchase Date is decreased by a combination of the -C3- outstanding shares of Common Stock, then, on following the effective record date of such combination, the Warrant Conversion Price per share for each of the Series A, Series A-l, Series B, Series B-x and Series C Preferred Stock shall be proportionately appropriately increased and so that the number of Warrant Shares shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (WhiteSmoke, Inc.)

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