Common use of Adjustments in Warrant Price Clause in Contracts

Adjustments in Warrant Price. Whenever the number of shares of Class A Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in Section 4.1 or 4.2 hereof, 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 Ordinary Shares 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 Ordinary Shares so purchasable immediately thereafter.

Appears in 4 contracts

Sources: Warrant Agreement (Growth for Good Acquisition Corp), Warrant Agreement (Growth for Good Acquisition Corp), Warrant Agreement (Growth for Good Acquisition Corp)

Adjustments in Warrant Price. 4.3.1 Whenever the number of shares of Class A Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.1 or 4.2 hereofabove, 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 Ordinary Shares 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 Ordinary Shares so purchasable immediately thereafter. 4.3.2 [Reserved].

Appears in 3 contracts

Sources: Warrant Assignment, Assumption and Amendment Agreement (Webull Corp), Warrant Assignment, Assumption and Amendment Agreement (SK Growth Opportunities Corp), Warrant Assignment, Assumption and Amendment Agreement (SK Growth Opportunities Corp)

Adjustments in Warrant Price. Whenever the number of shares of Class A Ordinary Shares ordinary shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.1 or 4.2 hereofabove, 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 Ordinary Shares ordinary shares 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 Ordinary Shares ordinary shares so purchasable immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (MELI Kaszek Pioneer Corp)