Common use of Adjustments in Exercise Price Clause in Contracts

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A common stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock so purchasable immediately thereafter.

Appears in 25 contracts

Sources: Warrant Agreement (LF Capital Acquisition Corp. II), Warrant Agreement (LF Capital Acquisition Corp. II), Warrant Agreement (LF Capital Acquisition Corp. II)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock Common Stock so purchasable immediately thereafter.

Appears in 16 contracts

Sources: Warrant Agreement (Fintech Ecosystem Development Corp.), Warrant Agreement (Prime Number Acquisition I Corp.), Warrant Agreement (Prime Number Acquisition I Corp.)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock Common Stock so purchasable immediately thereafter.

Appears in 14 contracts

Sources: Warrant Agreement (Super Plus Acquisition Corp), Warrant Agreement (Feutune Light Acquisition Corp), Warrant Agreement (Acri Capital Acquisition Corp)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock Warrant Shares purchasable upon the exercise of the Warrants this Warrant is adjusted, as provided in subsection 4.1.1 3.a(i) or Section 4.2 3.b above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares Warrant Shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants this Warrant immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock Common Stock so purchasable immediately thereafter.

Appears in 11 contracts

Sources: Subscription Agreement (Adagio Medical Holdings, Inc.), Subscription Agreement (Adagio Medical Holdings, Inc.), Base Warrant Agreement (Adagio Medical Holdings, Inc.)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock Common Stock so purchasable immediately thereafter.

Appears in 7 contracts

Sources: Warrant Agreement (Noble Education Acquisition Corp.), Warrant Agreement (Noble Education Acquisition Corp.), Warrant Agreement (Noble Education Acquisition Corp.)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A common stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock so purchasable immediately thereafter.

Appears in 6 contracts

Sources: Warrant Agreement (Mobiv Acquisition Corp), Warrant Agreement (Mobiv Acquisition Corp), Warrant Agreement (Canna-Global Acquisition Corp)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (xa) the numerator of which shall be the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (yb) the denominator of which shall be the number of shares of Class A common stock Common Stock so purchasable immediately thereafter.

Appears in 5 contracts

Sources: Warrant Agreement (Mercury Ecommerce Acquisition Corp), Warrant Agreement (Mercury Ecommerce Acquisition Corp), Warrant Agreement (Mercury Ecommerce Acquisition Corp)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock Warrant Shares purchasable upon the exercise of the Warrants this Warrant is adjusted, as provided in subsection 4.1.1 3.a(i) or Section 4.2 3.b above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares Warrant Shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants this Warrant immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock Common Stock so purchasable immediately thereafter.

Appears in 2 contracts

Sources: Subscription Agreement (ARYA Sciences Acquisition Corp IV), Subscription Agreement (ARYA Sciences Acquisition Corp IV)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction fraction, (x) the numerator of which shall be the number of shares of Class A common stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock so purchasable immediately thereafter, and the $20.00 and $36.00 per share redemption trigger prices described in Section 6.2 and Section 6.1, respectively, will be adjusted (to the nearest cent) to be equal to 100% and 180%, respectively, of the adjusted Warrant Price.

Appears in 2 contracts

Sources: Warrant Agreement (Pershing Square Tontine Holdings, Ltd.), Warrant Agreement (Pershing Square Tontine Holdings, Ltd.)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock B Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided set forth in subsection 4.1.1 or Section 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A common stock B Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock B Common Stock so purchasable immediately thereafter.

Appears in 1 contract

Sources: Class B Warrant Agreement (DG Acquisition Corp.)

Adjustments in Exercise Price. Whenever the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided set forth in subsection 4.1.1 or Section 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A common stock Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A common stock Common Stock so purchasable immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (DG Acquisition Corp.)