Examples of Series 2 Warrant in a sentence
That said, we can end up with problematic cases where unjustified attitudes somehow justify the adoption of other attitudes.Illustrating this point, consider an example by Kiesewetter.
Based upon information provided by Intracoastal Capital LLC (“Intracoastal”) in its Schedule 13G filing with the SEC on April 1, 2019, Intracoastal is the beneficial owner of 3,858,977 shares of Common Stock, which consisted of (i) 525,643 shares of Common Stock held by Intracoastal, (ii) 1,666,667 shares of Common Stock issuable upon exercise of Series 1 Warrant and (iii) 1,666,667 shares of Common Stock issuable upon exercise of Series 2 Warrant.
Each B Unit consists of one Class A share and one transferable Series 2 Warrant.
The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Common Stock or its authorized and issued shares of Common Stock held in its treasury, free from preemptive rights, the number of shares of Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants (other than the Series 2 Warrant Shares).
The Class A shares also have the right to receive, during each financial year and out of the funds which can legally serve this purpose, a dividend, of which the amount, declaration and payment thereof is left to the discretion of the directors of the Subsidiary.Each Series 2 Warrant comprising part of the Units entitles its holder to purchase one Class A share of the Subsidiary at a purchase price of $0.40 per share for a period of twenty-four (24) months following the Exchange Closing Date.
All new investors under this Offer will also be granted two Warrants (one Series 1 Warrant and one Series 2 Warrant) for every four Shares allotted to them, giving them the opportunity to elect to subscribe for two additional Sharesfor every four Shares allocated to them pursuantTO THIS /FFER.
As soon as practicable (and in any event within 60 calendar days of the date of this Agreement), the Company shall file a registration statement on Form S-1 providing for the resale by the Purchasers of the Series 2 Warrant Shares issued and issuable upon exercise of the Series 2 Warrants.
The combined purchase price for one Share, a Series 1 Warrant to purchase one (1) Warrant Share, and a Series 2 Warrant to purchase one (1) Warrant Share shall be $(the “ Combined Purchase Price”) which shall be allocated as $ per Share (the “Share Purchase Price”), $ per Series 1 Warrant (the “Series 1 Warrant Purchase Price”), and $ per Series 2 Warrant (the “Series 2 Warrant Purchase Price”).
Each unit consists of one Common Share and one-half of a Series 1 Warrant, one-half of a Series 2 Warrant and one-half of a Series 3 Warrant.
Such Purchaser is not purchasing the Series 2 Warrants or the Series 2 Warrant Shares as a result of any advertisement, article, notice or other communication regarding the Series 2 Warrants or the Series 2 Warrant Shares published in any newspaper, magazine or similar media or broadcast over television or radio or presented at any seminar or, to the knowledge of such Purchaser, any other general solicitation or general advertisement.