Black Scholes Value Definition Example with 61 Variations

Black Scholes Value. Means the value of this Warrant based on the Black and Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as using (i) a price per share of Common Stock equal to the Weighted Average Price of the day Common Stock for the Trading Day immediately preceding the date of consummation of the applicable Fundamental Transaction for pricing purposes and reflecting (i) Change of Control, (ii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period... equal to the remaining term of this Warrant as of the date of consummation of the Holder's request pursuant to Section 4(c), (ii) applicable Fundamental Transaction and (iii) an expected volatility equal to the greater lesser of 100% 55% and the 100 day 100-day volatility obtained from the HVT function on Bloomberg determined as of the Trading Day immediately next following the date of the public announcement of the applicable Fundamental Transaction and, if applicable, (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. View More

Black Scholes Value. Means the value of this Warrant based on the Black and Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as of the day of consummation the closing of the applicable Fundamental Transaction for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of the such date of the Holder's request pursuant to Section 4(c), request, (ii) an expected volatility equal... to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg as of the Trading Day day immediately following the public announcement of the applicable Fundamental Transaction and, if applicable, and (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash non cash consideration, if any, being offered in the applicable Fundamental Transaction. View More

Black Scholes Value. Means the value of this Warrant based on the Black and Scholes Option Pricing Model obtained from the "OV" OV function on Bloomberg determined as of the day of consummation the closing of the applicable Fundamental Transaction for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of the such date of the Holder's request pursuant to Section 4(c), request, (ii) an expected volatility... equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg as of the Trading Day day immediately following the public announcement of the applicable Fundamental Transaction and, if applicable, and (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash non cash consideration, if any, being offered in the applicable Fundamental Transaction. View More

Black Scholes Value. Means the value of this Warrant based on the Black and Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as of the day of consummation the closing of the applicable Fundamental Transaction for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of the such date of the Holder's request pursuant to Section 4(c), request, (ii) an expected volatility equal... to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg as of the Trading Day day immediately following the public announcement of the applicable Fundamental Transaction and, if applicable, and (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash non cash consideration, if any, being offered in the applicable Fundamental Transaction. Transaction View More

Black Scholes Value. Means means the value of the unexercised portion of this Warrant based remaining on the date of the Holder's request pursuant to Section 4, which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as utilizing (i) an underlying price per share equal to the greater of (1) the highest Closing Sale Price of the day Common Stock during the period beginning on the Trading Day immediately preceding the earliest to occur of (x) the... public disclosure of the applicable Fundamental Transaction, (y) the consummation of the applicable Fundamental Transaction for pricing purposes and reflecting (i) (z) the date on which the Holder first became aware of the applicable Fundamental Transaction and ending on the Trading Day of the Holder's request pursuant to Section 4 and (2) the sum of the price per share being offered in cash in the applicable Fundamental Transaction (if any) plus the value of the non-cash consideration being offered in the applicable Fundamental Transaction (if any), (ii) a strike price equal to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4, (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4 and (2) the remaining term of this Warrant as of the date of consummation of the applicable Fundamental Transaction or as of the date of the Holder's request pursuant to Section 4 if such request is prior to the date of the consummation of the applicable Fundamental Transaction and (iv) an expected volatility equal to the greater of 100% and the 100 70 day volatility obtained from the HVT function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the earliest to occur of (x) the public announcement disclosure of the applicable Fundamental Transaction, (y) the consummation of the applicable Fundamental Transaction and, if applicable, (iii) and (z) the underlying price per share used in such calculation shall be date on which the sum Holder first became aware of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. View More

Black Scholes Value. Means means the value of the unexercised portion of this Warrant based remaining on the date of the Holder's request pursuant to Section 4(c), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as utilizing (i) an underlying price per share equal to the greatest of (1) the highest Closing Sale Price of the day Common Stock during the period beginning on the Trading Day immediately preceding the earliest to occur of (x)... the public disclosure of the applicable Fundamental Transaction, (y) the consummation of the applicable Fundamental Transaction and (z) the date on which the Holder first became aware of the applicable Fundamental Transaction and ending on the Trading Day of the Holder's request pursuant to Section 4(c), (2) the sum of the price per share being offered in cash in the applicable Fundamental Transaction (if any) plus the value of the non-cash consideration being offered in the applicable Fundamental Transaction (if any) and (3) without limiting clauses (1) and (2) above, if the applicable Fundamental Transaction results from a sale of all or substantially all of the assets of the Company or any of its Subsidiaries, a price per share equal to the quotient of (A) the sum of (X) the total consideration (including, without limitation, cash and non-cash consideration, the assumption of indebtedness and other amounts, earn-outs and contingent consideration) offered in the applicable Fundament Transaction plus (Y) the aggregate amount of cash then held by the Company and its Subsidiaries divided by (B) the total number of shares of Common Stock outstanding on the earlier to occur of the Trading Day of the Holder's request pursuant to Section 4(c) and the date of consummation of the applicable Fundamental Transaction for pricing purposes and reflecting (i) Transaction, (ii) a strike price equal to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c), (iii) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4(c) and (2) the remaining term of this Warrant as of the date of consummation of the applicable Fundamental Transaction or as of the date of the Holder's request pursuant to Section 4(c) if such request is prior to the date of the consummation of the applicable Fundamental Transaction and (iv) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day immediately following the earliest to occur of (x) the public announcement disclosure of the applicable Fundamental Transaction, (y) the consummation of the applicable Fundamental Transaction and, if applicable, (iii) and (z) the underlying price per share used in such calculation shall be date on which the sum Holder first became aware of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. View More

Black Scholes Value. Means the value of the Warrants represented by this Warrant Certificate based on the Black and Scholes Option Pricing Model obtained from the "OV" OV function on Bloomberg determined as of the day of consummation immediately following the public announcement of the applicable Fundamental Transaction for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant the Warrants as of the such date of... the Holder's request pursuant to Section 4(c), request, (ii) an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg as of the Trading Day day immediately following the public announcement of the applicable Fundamental Transaction and, if applicable, Transaction, (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash consideration, if any, being offered in the applicable Fundamental Transaction. Transaction, (iv) a zero cost of borrow and (v) a 360 day annualization factor View More

Black Scholes Value. Means the value of this Warrant based on the Black and Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as of the day immediately prior to the day of consummation the closing of the applicable Fundamental Transaction for pricing purposes and reflecting (i) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the remaining term of this Warrant as of the such date of the Holder's request pursuant to Section 4(c), request, (ii)... an expected volatility equal to the greater of 100% and the 100 day volatility obtained from the HVT function on Bloomberg as of the Trading Day day immediately following the public announcement of the applicable Fundamental Transaction and, if applicable, Transaction, (iii) the underlying price per share used in such calculation shall be the sum of the price per share being offered in cash, if any, plus the value of any non-cash non cash consideration, if any, being offered in the applicable Fundamental Transaction. Transaction and (iv) a 365 day annualization factor View More

Black Scholes Value. Means means the value of the unexercised portion of this Warrant based remaining on the date of the Holder's request pursuant to Section 4(c), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" function on Bloomberg determined as utilizing (i) an underlying price per share equal to the greater of (1) the highest Closing Sale Price of the day Common Stock during the period beginning on the Trading Day immediately preceding the earliest to occur of (x)... the public disclosure of the applicable Fundamental Transaction, (y) the consummation of the applicable Fundamental Transaction for pricing purposes and reflecting (i) (z) the date on which the Holder first became aware of the applicable Fundamental Transaction and ending on the Trading Day of the Holder's request pursuant to Section 4(c) and (2) the sum of the price per share being offered in cash in the applicable Fundamental Transaction (if any) plus the value of the non-cash consideration being offered in the applicable Fundamental Transaction (if any), (ii) a strike price equal to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c), (iii) a zero cost of borrow, (iv) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4(c) and (2) the remaining term of this Warrant as of the date of consummation of the applicable Fundamental Transaction or as of the date of the Holder's request pursuant to Section 4(c) if such request is prior to the date of the consummation of the applicable Fundamental Transaction, and (v) an expected volatility equal to the greater of 100% and the 100 30 day volatility obtained from the HVT function on Bloomberg (determined utilizing a 260 day annualization factor) as of the Trading Day immediately following the public announcement disclosure of the applicable Fundamental Transaction and, if applicable, (iii) (or, solely to the underlying price per share used in extent such calculation shall be Fundamental Transaction is not disclosed to the sum public, the date of the price per share being offered in cash, if any, plus consummation of the value of any non-cash consideration, if any, being offered in the applicable such Fundamental Transaction. Transaction). View More

Black Scholes Value. Means means the value of the unexercised portion of this Warrant based remaining on the date of the Holder's request pursuant to Section 4(c), which value is calculated using the Black Scholes Option Pricing Model obtained from the "OV" 'OV' function on Bloomberg determined as utilizing (i) an underlying price per share equal to the greater of (1) the highest Closing Sale Price of the day Common Stock during the period beginning on the Trading Day immediately preceding the earliest to occur of (x) the public disclosure of the applicable Fundamental Transaction, (y) the consummation of the applicable Fundamental Transaction for pricing purposes and reflecting (i) (z) the date on which the Holder first became aware of the applicable Fundamental Transaction and ending on the Trading Day of the Holder's request pursuant to Section 4(c) and (2) the sum of the price per share being offered in cash in the applicable Fundamental Transaction (if any) plus the value of the non-cash consideration being offered in the applicable Fundamental Transaction (if any), (ii) a strike price equal to the Exercise Price in effect on the date of the Holder's request pursuant to Section 4(c), (iii) a zero cost of borrow, (iv) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the greater of (1) the remaining term of this Warrant as of the date of the Holder's request pursuant to Section 4(c), (ii) 4(c) and (2) the remaining term of this Warrant as of the date of consummation of the applicable Fundamental Transaction or as of the date of the Holder's request pursuant to Section 4(c) if such request is prior to the date of the consummation of the applicable Fundamental Transaction, and (v) an expected volatility equal to the greater of 100% and the 100 30 day volatility obtained from the HVT function on Bloomberg (determined utilizing a 260 day annualization factor) as of the Trading Day immediately following the public announcement disclosure of the applicable Fundamental Transaction and, if applicable, (iii) (or, solely to the underlying price per share used in extent such calculation shall be Fundamental Transaction is not disclosed to the sum public, the date of the price per share being offered in cash, if any, plus consummation of the value of any non-cash consideration, if any, being offered in the applicable such Fundamental Transaction. Transaction). View More