Initial Conversion Price

Initial Conversion Price. (x) in the case of the Series A-1 Preferred Stock, $7.24 (as adjusted for stock dividends, stock splits, stock combinations or other similar events) and (y) in the case of shares of the Series A-2 Preferred Stock, 110% of the arithmetic average of the Volume Weighted Average Prices of Common Stock for the thirty (30) consecutive Trading Days immediately prior to the exercise date of the relevant Additional Units (not including such exercise date) pursuant to which such shares of Series A-2... Preferred Stock are issued, but in no event shall the Initial Conversion Price of any share of the Series A-2 Preferred Stock be greater than $11.50 per share or lower than $7.00 per share (in each case, as adjusted for stock dividends, stock splits, stock combinations or other similar events) View More

Initial Conversion Price. $0.0004