Type B Warrant Terms Agreement for Common Stock Issuance
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Summary
This agreement outlines the terms for Type B Warrants issued by the Company. Holders of these warrants are entitled to receive a specified number of shares of the Company's common stock when the Company goes public in the U.S. No payment is required to exercise the warrants, and they cannot be exchanged for products or cash. The total number of shares that can be acquired through all outstanding Type B Warrants is 2,491,108.
EX-4.6 3 v240349_ex4-6.htm EXHIBIT 4.6
Exhibit 4.6
The terms of Type B Warrants issued by the Company pursuant to oral agreements are as follows:
Type B Warrants are not being registered under this offering. Type B Warrants entitle the holder to receive a set amount of shares of common stock of the Company upon a going public event in the U.S., as specified in the Warrant. No additional consideration for the shares of common stock is required upon exercise. Type B Warrants are not exercisable for products nor redeemable for cash. The aggregate amount of shares of Common Stock which can be acquired upon exercise of all issued and outstanding Type B Warrants is 2,491,108.
