Post-Acquisition Vested Warrant Shares

Post-Acquisition Vested Warrant Shares. With respect to any Vesting Period that would have ended after the consummation of an Acquisition, a hypothetical number of Warrant Shares equal to the product of (i) the Vesting Percentage (if any) for each such Vesting Period multiplied by (ii) 513,382.5. By way of example only, if an Acquisition occurred on June 30, 2023 and the Vesting Percentage for the twelve-month period ending December 31, 2023 was 25% (and assuming that as of December 31, 2023, the Aggregate Vested Percentage was less... than or equal to 75%), the Post-Acquisition Vested Warrant Shares with respect to the twelve-month period ending on December 31, 2023 would be 128,345.625. View More