Can holders of warrants participate in the tender offer?
The Offer is only for Shares and not for warrants to purchase Common Shares. If you hold vested but unexercised warrants and you wish to participate in the Offer, you may exercise your warrants in accordance with the terms of the applicable warrant agreement, and tender the Shares received upon the exercise in accordance with the terms of the Offer. At the time when the Certificate of Merger has been duly filed with the Secretary of State of the State of Delaware or such other time as may be agreed by the parties in writing and specified in the Certificate of Merger (the “Effective Time”), by virtue of the Merger and without any action on the part of the holder of outstanding warrants to purchase Common Shares, each warrant shall be cancelled and shall only entitle the holder thereof to receive, as soon as reasonably practicable after the Effective Time, an amount in cash, without interest, equal to the product of the total number of Common Shares issuable upon exercise of the warrant
