Conversion ADSs definition
Examples of Conversion ADSs in a sentence
The Company hereby irrevocably agrees that it shall not require medallion guarantees in connection with any assignments or transfers of the Secured Convertible Debentures, Conversion ADSs, Pre-Funded Warrant ADSs or Common Warrant ADSs by a Buyer to any third party.
Other than as contemplated in this Agreement, no further approval of the shareholders of the Company under the rules and regulations of the New York Stock Exchange is required for the Company to issue and deliver the Conversion ADSs to the Buyers.
The Company shall honor conversions of the Secured Convertible Debentures and shall deliver the Conversion ADSs, Pre-Funded Warrants or Common Warrants in accordance with the terms, conditions and time periods set forth in the Secured Convertible Debenture.
The Company understands and acknowledges that the number of Conversion Shares and Conversion ADSs, as well as Pre-Funded Warrant ADSs, Pre-Funded Warrant Shares, Common Warrant ADSs, or Common Warrant Shares, will increase in certain circumstances.