Examples of Convertible Note Warrants in a sentence
The Secured Convertible Note Warrants can be converted into common shares at any time after the earlier of the date upon which the indebtedness under the Unsecured Convertible Notes is less than US$3.0 million and February 1, 2021.
The Secured Convertible Note Warrants were issued on June 5, 2020 and expire 36 months from the date of issuance.
Represents up to an aggregate of 2,411,848 Warrants, consisting of 496,941 Private Warrants and 1,914,907 Convertible Note Warrants for sale by the Selling Warrantholders named in this Registration Statement.
On September 30, 2020, the indebtedness under the Unsecured Convertible Notes was less than US$3.0 million and the Company subsequently filed a registration statement which allows the holders to offer and sell the common shares issuable upon conversion or exercise of the Secured Convertible Note and Secured Convertible Note Warrants.
As of November 9, 2020, as a result of sales under the ATM Program, the exercise price of the Secured Convertible Note Warrants was adjusted to US$0.1766 per common share.