IPO PPS

IPO PPS. The effective price per share of Company Common Stock as set forth in the final prospectus related to the Company's initial underwritten public offering of the Company Common Stock under the Securities Act of 1933, as amended (the Securities Act). For the avoidance of doubt, the current proposed structure of the securities being sold in the Company's initial public offering is the sale of units consisting of one share, one warrant with an exercise price equal to 50% of the unit price and a... second warrant with an exercise price equal to 100% of the unit price, but the second warrant automatically becomes exercisable on a cashless basis without the payment of any consideration on the tenth day following the IPO Date. Assuming an a initial public offering price per Unit of $10.00, the IPO PPS would be $5.00 View More