Black Scholes Warrant Value

Black Scholes Warrant Value. The value of a Warrant on an Organic Change Date as determined by the Company's Board of Directors immediately prior to such Organic Change (based upon the written advice of an independent investment bank selected by the Board of Directors) and shall be determined by customary investment banking practices using the Black-Scholes model.

Black Scholes Warrant Value. The value of a Warrant on an Organic Change Date as determined by the Company's Board of Directors immediately prior to such Organic Change (based upon the written advice of an independent investment bank selected by the Board of Directors) and shall be determined by customary investment banking practices using the Black-Scholes model. For purposes of calculating such amount, (1) the term of the Warrants will be the time from the Organic Change Date to the Expiration Date, (2) the assumed... volatility will be 50%, (3) the assumed risk-free rate will equal 3.50%, (4) the price for each share of Common Stock will be the FMV of the Common Stock for the Business Day immediately preceding the Organic Change Date, and (5) the exercise price shall be the Exercise Price, as adjusted. View More