No Readjustment Clause Samples
No Readjustment. For the avoidance of doubt, in the event that following the consummation of a Dilutive Issuance and the Exercise Price has been adjusted pursuant to this Section 2(a) and the Dilutive Issuance that triggered such adjustment is unwound, cancelled or expires after the fact for any reason, the Exercise Price will not be readjusted to the Exercise Price that would have been in effect if such Dilutive Issuance had not occurred or been consummated.
No Readjustment. For the avoidance of doubt, in the event that following the consummation of a Dilutive Issuance and the Exercise Price has been adjusted pursuant to this Section 3(b) and the Dilutive Issuance that triggered such adjustment is unwound, cancelled or expires after the fact for any reason, the Exercise Price will not be readjusted to the Exercise Price that would have been in effect if such Dilutive Issuance had not occurred or been consummated. Notwithstanding anything to the contrary contained herein, none of the above provisions of this Section 3(b) shall (x) be in effect until the Stockholder Approval Date or (y) apply to issuances of securities pursuant to Securities Purchase Agreement dated August [*], 2025 between the Company and the investors signatory thereto. The Company hereby agrees that it will cause the Stockholder Approval Notice Date to occur no later than one Trading Day following the Stockholder Approval Date.