Warrant Exercise Date

Warrant Exercise Date. The earliest to occur of (i) the date on which the first Advance is made under the Loan Agreement, (ii) the Funding Termination Date (as defined in the Loan Agreement), (iii) immediately prior to the effective date of the Company's initial registered public offering of the Company's securities, or (iv) immediately prior to any acquisition of the Company, whether by merger or consolidation, or through a transaction or series of transactions pursuant to which the holders of the Company's voting... equity securities do not hold at least 50% of the voting power of the Company or any resulting entity after such transaction or transactions, or through the sale of all or substantially all of its assets. View More