Company: SINT
Filing Date: 2025-09-30
Form Type: S-3
Source: 0001493152-25-016341
Chunk: 27

Company: Sintx Technologies, Inc.
Filing Date: 2025-09-30
Form: S-3
Chunk 27
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 choice as to the consideration it would receive upon any exercise of the February 2025 Common Warrants following such a Fundamental Transaction. Additionally, as more fully described in the February 2025 Common Warrants and February 2025 Placement Agent Warrants, in the event of certain Fundamental Transactions, the holders of the February 2025 Common Warrants and February 2025 Placement Agent Warrants will be entitled to receive consideration in an amount equal to the Black Scholes Value (as defined in the respective Warrants), on the date of consummation of such Fundamental Transaction.

Stock Dividends and Splits.

If at any time on or after the date of issuance there occurs any share split, share dividend, share combination recapitalization or other similar transaction involving our common stock then in each case the exercise price shall be multiplied by a fraction of which the numerator shall be the number of shares of common stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of common stock outstanding immediately after such event, and the number of shares issuable upon exercise of the February 2025 Common Warrant shall be proportionately adjusted such that the aggregate exercise price of the February 2025 Common Warrant shall remain unchanged.

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Beneficial Ownership Limitations.

A holder will not have the right to exercise any portion of the February 2025 Common Warrants if the holder (together with its affiliates) would beneficially own in excess of 4.99% (or, upon election by a holder prior to the issuance of any warrants, 9.99%) of the number of shares of common stock outstanding immediately after giving effect to the exercise, as such percentage ownership is determined in accordance with the terms of the February 2025 Common Warrants and February 2025 Pre-Funded Warrants. However, any holder may increase or decrease such percentage to any other percentage not in excess of 9.99%, upon at least 61 days’ prior notice from the holder to us with respect to any increase in such percentage.

The foregoing description of the February 2025 Pre-Funded Warrants, February 2025 Common Warrants, and February 2025 Placement Agent Warrants is not complete. For the complete terms of the February 2025 Pre-Funded Warrants, February 2025 Common Warrants, and February 2025 Placement Agent Warrants, please refer to the forms of the February 2025 Pre-Funded Warrants,