Black Scholes Exchange Value

Example Definitions of "Black Scholes Exchange Value"
Black Scholes Exchange Value. Means the value of an option for the number of shares equal to the portion of the Warrant being exchanged at the applicable Exchange Date as set forth in the applicable Exchange Notice as such value is determined calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg utilizing (i) an underlying price per share equal to the Closing Sale Price of the Common Stock as of the Issuance Date (adjusted upward to the same extent that the Exercise Price... hereunder has been adjusted upward pursuant to Section 2(a) hereof), (ii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of the Warrant as of such Exchange Date, (iii) a strike price equal to the Exercise Price in effect at the time of the applicable Exchange, (iv) an expected volatility equal to 135% and (v) a deemed remaining term of the Warrant of five (5) years (regardless of the actual remaining term of the Warrant). View More
Found in MICROVISION, INC. contract
Black Scholes Exchange Value. Means the value of an option for the number of shares equal to the portion of the this Warrant being exchanged at the applicable Exchange Date as set forth in the applicable Exchange Notice as such value is determined determined, calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg utilizing (i) an underlying price per share equal to the Closing Sale Bid Price of the Common Stock as of the Issuance Date (adjusted upward Trading Day prior to the ... class="diff-color-red">same extent that the Exercise Price hereunder has been adjusted upward pursuant to Section 2(a) hereof), Issuance Date, (ii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of the Warrant as of such Black Scholes Exchange Value Date, (iii) a strike price equal to the Exercise Price in effect at the time of the applicable Exchange, (iv) an expected volatility equal to 135% and (v) a (iv) the deemed remaining term of the Warrant of shall be five (5) years (regardless of the actual remaining term of the Warrant). View More
Found in CTI BIOPHARMA CORP contract
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