Adjustment in Number of Securities. Upon each adjustment of the Warrant Price pursuant to the provisions of this Section 5, the number of securities issuable upon the exercise of each Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Warrant Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Warrant Price.
Appears in 15 contracts
Sources: Warrant Agreement (Co-Diagnostics, Inc.), Warrant (Co-Diagnostics, Inc.), Warrant Agreement (Co-Diagnostics, Inc.)
Adjustment in Number of Securities. Upon each adjustment of the Warrant Price pursuant to the provisions of this Section 54, the number of securities issuable upon the exercise of each Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Warrant Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Warrant Price.
Appears in 5 contracts
Sources: Warrant Agreement (Friendlyway CORP), Common Stock Purchase Warrant (Datalogic International Inc), Common Stock Purchase Warrant (Xstream Beverage Network, Inc.)