Examples of Representative’s Warrant in a sentence
The Representative’s Warrant Shares have been duly authorized and, when issued in accordance with the terms of the Representative’s Warrants, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.
The Representative’s Warrant and the shares of Common Stock issuable upon exercise of the Representative’s Warrant (the “Representative’s Shares” and, together with the Public Shares, the “Shares”) are hereinafter referred to together as the “Representative’s Securities”.
Delivery of the Representative’s Warrant shall be made on the Closing Date and shall be issued in the name or names and in such authorized denominations as the Representative may request.
The Representative’s Warrant Shares, when issued in accordance with the terms of the Representative’s Warrants, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.
By: /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: Chairman of the Board, Director [Signature page to Representative’s Warrant] Exhibit A FORM OF EXERCISE NOTICE Date: __________, 202___ The undersigned hereby elects irrevocably to exercise the Purchase Warrant for ______ Ordinary Shares of MINGTENG INTERNATIONAL CORPORATION INC.
As of the date hereof, the Company has reserved and the Company shall continue to reserve and keep available at all times while any of the Representative’s Warrants are outstanding, free of preemptive rights, a sufficient number of shares of Common Stock for the purpose of enabling the Company to issue Option Shares pursuant to the Over-Allotment Option and Representative’s Warrant Shares pursuant to any exercise of the Representative’s Warrants.
Each Representative’s Warrant entitles the holder thereof to purchase shares of Common Stock at the exercise price thereof.
The Representative’s Warrant shall be exercisable, in whole or in part, commencing on a date which is six (6) months after the Effective Date and expiring on the five-year anniversary of the Effective Date at an initial exercise price of $[●] per share, which is equal to 100% of the initial public offering price of the Firm Shares.
The Company further agrees, if the Company applies to have the Common Stock traded on any other Trading Market, it will then include in such application all of the Closing Shares, Option Shares and Representative’s Warrant Shares, and will take such other action as is necessary to cause all of the Closing Shares, Option Shares and Representative’s Warrant Shares to be listed or quoted on such other Trading Market as promptly as possible.
The Company has reserved from its duly authorized capital stock the maximum number of Representative’s Warrant Shares issuable pursuant to this Agreement and the Representative’s Warrants.