Exchange Cap Condition

Exchange Cap Condition. Any one of the following: (a) the Warrant to acquire any Shares, after giving effect to such purchase and sale the aggregate number of Shares issued under this Warrant (or any other transaction that is integrated with this Warrant), would not exceed 19.9% of the outstanding Class A Common Stock as of the date of the A&R RWI Loan, (b) the Company’s stockholders have approved the exercise of this Warrant at an Exercise Price below the Loan Date Minimum Price in accordance with Nasdaq Listing Rule... 5635(d) or any successor rule or (c) the Exercise Price, once determined pursuant to Section 2 (as may be adjusted pursuant to Section 12), equals or exceeds the Loan Date Minimum Price View More