Examples of Warrant Exercise in a sentence
In the event the Warrant Holder(s) do not exercise Warrants within the Warrant Exercise Period, the Warrants shall lapse and the amount paid shall stand forfeited by the Company.
The respective Warrant Holders shall make payment of Warrant Subscription Price and Warrant Exercise Price from their own bank account into to the designated bank account of the Company.
Nevertheless, if the cheque of the remainder of the exercise price or the exercise price that is not exercised or not eligible to exercise has been dispatched via registered mail to the address specified in the Warrant Exercise Intention Notification Form, it shall be deemed that the Warrant Holder duly receives such money and the Warrant Holder shall have no rights to claim any interest and/or any other compensation.
In addition, 24,999,999 Warrants (Certificate Number 000001) (“Issued Warrants”) shall be attached to the Issued Notes, based on the Warrant Exercise Price of S$0.033.
Any subsequent adjustments will be carried out on the basis of such newly calculated and rounded Warrant Exercise Ratio.