Adjustment of Number of Warrant Shares Issuable and Exercise Price Clause Samples

The "Adjustment of Number of Warrant Shares Issuable and Exercise Price" clause defines how the number of shares that can be acquired through a warrant and the price at which they can be purchased may be modified under certain circumstances. Typically, this clause outlines adjustments in the event of corporate actions such as stock splits, stock dividends, mergers, or other recapitalizations, ensuring that the warrant holder's rights are preserved despite changes in the company's capital structure. Its core function is to protect both the warrant holder and the issuer from unintended dilution or windfall gains, maintaining fairness and economic equivalence throughout the life of the warrant.
Adjustment of Number of Warrant Shares Issuable and Exercise Price. The number of shares of Common Stock issuable upon the exercise of each Warrant (the "Warrant Number") is initially one. The Warrant Number is subject to adjustment from time to time upon the occurrence of any event enumerated in, or as otherwise provided in this Section 9.
View SourceView Similar (6)
Adjustment of Number of Warrant Shares Issuable and Exercise Price. The number of shares of Class A Common Stock issuable upon the exercise of the Warrant (the “Exercise Rate”) and the Exercise Price are subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 9.
View SourceView Similar (5)
Adjustment of Number of Warrant Shares Issuable and Exercise Price. The number of Warrant Shares issuable upon the exercise of each Warrant (the "WARRANT NUMBER") is initially one. The Warrant Number is subject to adjustment from time to time upon the occurrence of any event enumerated in, or as otherwise provided in, this Section 9.
View SourceView Similar (4)
Adjustment of Number of Warrant Shares Issuable and Exercise Price. The number of Warrant Shares issuable upon the exercise or exchange of this Warrant, and the Exercise Price, are subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 6. For purposes of this Section 6, “Common Stock” means shares now or hereafter authorized of any class of common stock of the Company and any other stock of the Company, however designated, that has the right (subject to any prior rights of any class or series of preferred stock) to participate in any distribution of the assets or earnings of the Company without limit as to per share amount.
View SourceView Similar (2)
Adjustment of Number of Warrant Shares Issuable and Exercise Price. The number of Warrant Shares issuable upon the exercise of this Warrant and the Warrant Share Price are subject to adjustment from time to time upon the occurrence of the events enumerated in Section 2.
View Source

Related to Adjustment of Number of Warrant Shares Issuable and Exercise Price

  • Adjustment of Exercise Price and Number of Warrant Shares Issuable The Exercise Price and the number of Warrant Shares issuable upon the exercise of each Warrant are subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 10. For purposes of this Section 10, "Common Stock" means shares now or hereafter authorized of any class of common stock of the Company and any other stock of the Company, however designated, that has the right (subject to any prior rights of any class or series of preferred stock) to participate in any distribution of the assets or earnings of the Company without limit as to per share amount.

  • Adjustment of Number of Warrant Shares and Exercise Price The number and kind of Warrant Shares purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES The Exercise Price and the number of Warrant Shares shall be adjusted from time to time as follows:

  • Adjustment of Number of Warrant Shares Issuable Upon Exercise of a Warrant and Adjustment of Exercise Price.

  • Adjustments of Exercise Price and Number of Warrant Shares The number and kind of securities purchasable upon the exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following. In case the Company shall (i) pay a dividend in shares of Common Stock or make a distribution in shares of Common Stock to holders of its outstanding Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock, or (iv) issue any shares of its capital stock in a reclassification of the Common Stock, then the number of Warrant Shares purchasable upon exercise of this Warrant immediately prior thereto shall be adjusted so that the Holder shall be entitled to receive the kind and number of Warrant Shares or other securities of the Company which it would have owned or have been entitled to receive had such Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Warrant Shares or other securities of the Company which are purchasable hereunder, the Holder shall thereafter be entitled to purchase the number of Warrant Shares or other securities resulting from such adjustment at an Exercise Price per Warrant Share or other security obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Warrant Shares or other securities of the Company resulting from such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.