Combinations or Consolidations. In the event that the outstanding Applicable Securities shall be combined or consolidated, by reclassification or otherwise, into a lesser number of Applicable Securities, the number of Applicable Securities issuable upon exercise of this Warrant immediately prior to such combination or consolidation shall be proportionately decreased, and the Exercise Price in effect immediately prior to such combination or consolidation shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.
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Sources: Warrant Agreement (Quantum Materials Corp.), Unit Subscription Agreement (Quantum Materials Corp.)
Combinations or Consolidations. In the event that the outstanding Applicable Securities Shares shall be combined or consolidated, by reclassification or otherwise, into a lesser number of Applicable SecuritiesShares, the number of Applicable Securities Shares issuable upon exercise of this Warrant immediately prior to such combination or consolidation shall be proportionately decreased, and the Exercise Price in effect immediately prior to such combination or consolidation shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.
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