Company: REVB
Filing Date: 2025-05-20
Form Type: S-1
Source: 0001213900-25-045828
Chunk: 3

Company: REVELATION BIOSCIENCES, INC.
Filing Date: 2025-05-20
Form: S-1
Chunk 3
---
 and pre-funded warrants initially purchased at the closing of this offering. Each Common Stock Warrant is exercisable at an exercise price of $ share and will expire five years from the initial exercise date. In addition upon Stockholder Approval, a holder of Class H-1 Warrants may, at any time and in its sole discretion, exercise its Class H-1 Warrants in whole or in part by means of a one-time only “zero exercise price” option in which the holder is entitled to receive a number of shares of common stock that shall equal the product of (x) the aggregate number of shares of common stock that would be issuable upon exercise of the Class H-1 Warrant in accordance with its terms if such exercise were by means of a cash exercise rather than a cashless exercise and (y) 10. As a result of this feature, we do not expect to receive any cash proceeds from the exercise of the Class H-1 Warrants because it is highly unlikely that a Class H-1 Warrant holder will elect to pay an exercise price in cash to receive one share of common stock when they could elect the zero exercise price option in these circumstances to receive more shares of common stock than they would receive if they did pay an exercise price. As an example, given the above provisions, holders of the Class H-1 Warrants will be issued a maximum of 32,786,880 shares of common stock upon the exercise of the Class H-1 Warrants. Each Class H-1 Warrant includes one underlying share of common stock that may be obtained by exercising the Class H-1 Warrant at an assumed exercise price of $3.05 based on the assumed public offering price of $3.05 per share of common stock; however if the holder elects the zero exercise price option, the number of shares of common stock could increase to up to 10 shares of common stock underlying each Class H-1 Warrant. As such, holders of the Class H-1 Warrants may elect to be issued up to 32,786,880 shares of common stock upon the exercise of the Class H-1 Warrants. The Class H-3 Warrants shall be automatically exercised upon Stockholder Approval at an exercise price of $ share (provided that the other conditions provided in the Class H-3 Warrants are satisfied as of such date). We are also offering to those purchasers, if any, whose purchase of common stock in this offering would otherwise result in any such purchaser, together with its affiliates,