Amendment No. 2 to Warrant between Sensus Healthcare, Inc. and Investors Capital Alliance, LLC

Summary

This amendment, effective April 27, 2016, is between Sensus Healthcare, Inc. and Investors Capital Alliance, LLC. It extends the expiration date of a previously issued warrant from April 30, 2016 to May 30, 2016, allowing the holder additional time to exercise the warrant to acquire equity in the company. All other terms of the original warrant remain unchanged.

EX-4.6 3 v440371_ex4-6.htm EXHIBIT 4.6

 

Exhibit 4.6

 

AMENDMENT NO. 2 TO WARRANT

 

THIS AMENDMENT NO. 2 TO WARRANT (this “Amendment”) is hereby entered into between Sensus Healthcare, Inc., a Delaware corporation (the “Company”), and the undersigned warrant holder (“Holder”) as of April 27, 2016 (the “Effective Date”).

 

WITNESSETH:

 

WHEREAS, the Company previously issued a warrant, dated as of March 31, 2011 (the “Warrant”), to acquire equity interests of the Company in connection with an engagement letter, dated March 15, 2010, to conduct a private securities offering; and

 

WHEREAS, the Warrant is set to expire on April 30, 2016 if not exercised prior to such date; and

 

WHEREAS, the Company and Holder desire to extend the exercise period of the Warrant until May 30, 2016.

 

NOW, THEREFORE, in consideration of the mutual covenants contained herein, and for other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the Company and Holder hereby agree that the terms of the Warrant are hereby modified and, to the extent inconsistent with the terms of the Warrant superseded as follows:

 

1.          Amendment to Term of Warrant. In accordance with Section 7 of the Warrant, the Expiration Date is hereby extended to May 30, 2016.

 

2.          Capitalized Terms. Capitalized terms herein shall have the meanings ascribed to them in the Warrant, except as otherwise expressly provided in this Amendment.

 

3.          Effect of Amendment. Except and to the extent modified by this Amendment, the provisions of the Warrant shall remain in full force and effect and are hereby incorporated into and made a part of this Amendment as if fully stated herein.

 

IN WITNESS WHEREOF, the Company and Holder have caused this Amendment to be executed as of the Effective Date.

 

  SENSUS HEALTHCARE, INC.
     
  By: /s/Joseph Sardano
  Name: Joseph Sardano
  Title: Chief Executive Officer
     
  INVESTORS CAPITAL ALLIANCE, LLC
     
  By: /s/ William McCall
  Name: William McCall
  Title: Managing Partner