Conversion of Warrants. All warrants to purchase Company Shares issued and outstanding at the Closing will, by virtue of the Merger and without any action on the part of CTHE, Company or the holders of the warrants, be converted into and will become warrants to purchase an equal number of CTHE Shares on the same terms.
Appears in 2 contracts
Sources: Merger Agreement (Ct Holdings Enterprises Inc), Merger Agreement (Xcorporeal, Inc.)