Examples of Rollover Warrants in a sentence
Rollover shares and warrants: Subject to the terms and conditions under the Support Agreement, the Rollover Shares and Rollover Warrants shall be cancelled at the Effective Time for no consideration under the Merger Agreement.
Subject to the terms and conditions of the Support Agreement, at or immediately prior to the completion of the Merger, in consideration for the cancellation of the Rollover Shares and Rollover Warrants, the HoldCo shall issue or case to be issued to the Rollover Shareholders (or its affiliates), and such Rollover Shareholders (or its affiliates) shall subscribe for the HoldCo Shares (i.e. the Rollover Consideration).
Immediately after giving effect to the Business Combination, there were 12,944,213 shares of our Common Stock outstanding, 628,573 shares of our Common Stock reserved for issuance upon vesting of Rollover RSUs and Rollover Warrants and 10,511,597 warrants outstanding.
For the avoidance of doubt, the cancellation of Rollover Shares and Rollover Warrants shall only take place at the Effective Time in accordance with the Support Agreement, notwithstanding the fact that the completion of the issue and subscription of the Rollover Consideration may take place prior to the Effective Time.
The Rollover Shareholders shall deliver to the HoldCo all certificates representing the relevant Rollover Shares and Rollover Warrants no later than three (3) Business Days prior to the completion of the issue of and subscription for the Rollover Consideration.
If the 2016 Warrants have not been exercised by such date they will be rolled over into the Rollover Warrants on substantially the same economic terms as the terms on which the 2016 Warrants were constituted.Shore Capital and Davy have undertaken to rollover all 2016 Warrants into the Rollover Warrants if they do not exercise their 2016 Warrants prior to the Latest 2016 Warrant Exercise Date.
At the Effective Time, each SPAC Warrant, Series A Warrant, Placement Agent Warrant and RDO Warrant issued and outstanding immediately prior to the Effective Time (collectively, the “Rollover Warrants”), in accordance with the terms of such Rollover Warrants, shall be cancelled and converted into the right to receive a warrant to purchase a number of shares of Parent Stock equal to (i) the number of shares of Company Stock underlying such Rollover Warrant multiplied by (ii) the Exchange Ratio.
According to ex Article 19 (5) of the PDPI “unless an Act provides otherwise, data generated for internal use and in connection with the preparation of decisions shall not be public within twenty years following their inception.