Company: SINT
Filing Date: 2025-03-25
Form Type: S-3/A
Source: 0001641172-25-000599
Chunk: 29

Company: Sintx Technologies, Inc.
Filing Date: 2025-03-25
Form: S-3/A
Chunk 29
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 exercisable at any time and will expire three years from the date of issuance. The October 2022 Warrants are exercisable, at the option of each holder, in whole or in part by delivering to us a duly executed exercise notice and payment in full for the number of shares of our common stock purchased upon such exercise, except in the case of a cashless exercise as discussed below. The number of shares of common stock issuable upon exercise of the October 2022 Warrants is subject to adjustment in certain circumstances, including a stock split of, stock dividend on, or a subdivision, combination or recapitalization of the common stock. If we effect a merger, consolidation, sale of substantially all of our assets, or other similar transaction, then, upon any subsequent exercise of a October 2022 Warrant, the October 2022 Warrant holder will have the right to receive any shares of the acquiring corporation or other consideration it would have been entitled to receive if it had been a holder of the number of shares of common stock then issuable upon exercise in full of the October 2022 Warrant.

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Cashless Exercise

If at any time there is no effective registration statement registering, or the prospectus contained therein is not available for issuance of, the shares issuable upon exercise of the October 2022 Warrants, the holder may exercise the October 2022 Warrant on a cashless basis. When exercised on a cashless basis, a portion of the October 2022 Warrant is cancelled in payment of the purchase price payable in respect of the number of shares of our common stock purchasable upon such exercise.

Exercise Price

Each October 2022 Warrant represents the right to purchase one share of common stock at an exercise price equal to the conversion price as stipulated in the October 2022 Warrants. In addition, the exercise price per share is subject to adjustment for stock dividends, distributions, subdivisions, combinations, or reclassifications, and for certain dilutive issuances. The exercise price is also subject to adjustment in the event that we sell, issue, or grant any option to purchase, or sell or issue any right to reprice, or otherwise dispose of or issue (or enter into any agreement relating to the offer, sale, grant or any option to purchase or other disposition) any common stock or convertible securities (as defined in the October 2022 Warrants), at an effective price per share less than the exercise price then in effect. In addition, if