Adjustment for Stock Splits and Stock Dividends. Prior to a Qualifying IPO, the Qualifying Financing Cap Price Per Share and the Mandatory Cap Price Per Share shall be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of the Company’s capital stock.
Appears in 2 contracts
Sources: Warrant Agreement (Robinhood Markets, Inc.), Warrant Agreement (Robinhood Markets, Inc.)