Exhibit 99.2
预付权购买普通股
以美国存托凭证代表
团车网 有限公司
认股权证ADS:[________] | 原始发行日期:2024年十月[____] |
这份预先注资的购买认股权证 以美国存托股为代表的普通股(”搜查令”) 证明,对于收到的价值,_____________ 或其分配(”持有者”)有权根据条款和行使限制和条件的约束 下文规定,在本协议发布之日当天或之后的任何时候(”初始锻炼日期”)直到这个 认股权证已全部行使(”终止日期”)但此后不行,订阅和购买 TuanChe 有限公司,开曼群岛的一家公司(”公司”),最多 [______] 股普通股(”认股权证”) 由 [_______] 股美国存托股代表(”ADS”),视下文调整而定(”逮捕令 ADS”)。本认股权证下的一份认股权证ADS的购买价格应等于第节中定义的行使价 2 (b)。
第 1 部分. 定义。 此处使用但未另行定义的大写术语应具有该特定证券购买协议中规定的含义 (”购买协议”),日期为2024年10月 [____],由公司及其买方签署。
第2节. 行权.
a) 行权 权证购股权的行使可以在初始行使日期以及终止日期之前的任何时间进行,可以全部或部分进行。通过电子邮件提交正式执行的PDF副本,按照补充附件中的行使通知的形式,将其发送给公司。在行使之日起,之前的两个交易日或标准结算期所包含的交易日(如下所定义)内,持有人应通过电汇或美国银行的已支票支取形式支付标明在适用的行使通知中的购股权股份的合计行使价款,除非适用的行使通知中指定了无现金行使程序。不需要墨水原件的行使通知,也不需要对行使通知进行任何证明保证(或其他类型的保证或公证)。尽管此处可能有任何相反的规定,但在持有人购买了此处可供的所有购股权股份并且购股权已全部行使的情况下,持有人在向公司交付最终的行使通知之后的三个交易日内,应向公司交付此购股权以便作废。部分行使购股权将导致购买此处所提供的购股权股份的剩余数量的减少,减少的数量等于购买的购股权股份的适用数量。公司和持有人应维护记录,显示购买的购股权股份数量和购买日期。公司应在收到行使通知后的一个交易日内提出任何异议。行使通知)。在(i)两个(2)个交易日内或(ii)在行使日期后的标准交割期(如本节2(d)(i)中定义),持有人应通过电汇或美国银行出具的现金支票支付购买的相关权证ADS的总行使价格,该价格在适用的行使通知中进行了规定,除非适用行使通知中规定了本节2(c)中规定的无现金行使程序。不需要墨水原件行使通知,也不需要任何典章担保(或其他类型的担保或公证)行使通知。尽管本协议有悖于此,但持有人在购买此处可获得的全部权证ADS并且权证已完全行使之前不需要实际将本权证交还给公司,此时,持有人应在最终行使通知交付给公司之日起尽快将本权证交还给公司以便注销。本权证的部分行使导致购买此处可获得的权证ADS总数的一部分,将使可获得的权证ADS数量下降,其数量等于购买的权证ADS数量。持有人和公司应保留记录,显示购买的权证ADS数量和购买日期。公司应在收到任何行使通知后的一个(1)个工作日内提出任何异议。 持有人和任何受让人在接受本权证时,承认并同意,由于本段的规定,购买本文所述的一部分权证ADS之后,任何给定时间可购买的权证ADS数量可能会小于本权证正面所述的金额。
b)行使价格该认股权证的总行权价格除每个美国存托股凭证(ADS)0.001美元的领用价格外,在初始行使日期之前已经全部预先支付给了公司,因此,在任何行使该认股权证时,持有人无需向任何个人支付额外的考虑(除每个ADS 0.001美元的领用价格外)。持有人不得有权要求在任何情况或任何原因下返还或退还该预先支付的总行权价格的全部或任何部分,包括本认股权证在终止日期之前未行使的情况下。该认股权证下每个ADS的未支付行权价格为0.001美元,应根据本协议进行调整(“行使价格”).
c) 无现金行权本权证可以在任何时间通过“免现金行使”方式行使,整体或部分行使 持有人有权获得的权证ADS数量等于[(A-B) (X)] 除以 (A) 的商。其中:
(A) = 根据需要: (i) 如果相关行权通知的日期既不是美股盘中的交易日,也不是在此处根据第2(a)节执行和交付,而是在非美股盘中的交易日执行和交付,则为该通知日前一个交易日的VWAP;或者是(i) 如果通知日在美股盘中的交易日在其开盘之前根据第2(a)节执行和交付,则为该交易日之前一个交易日的VWAP,(ii) 持有人可选择,要么是(y) 通知日前一个交易日的VWAP,要么是(z) 由彭博有限合伙公司报告的ADS在主要交易市场上的买盘价格。彭博社报道。''
(B) = 根据此处进行调整的本认股证的行权价格;和
(X) = 根据这个认股权协议的条款行使选项时由认购人承购的认股ADS的数量,如果该行权是以现金行权而不是无现金行权。
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如果以无现金行使的方式发行ADSs,则各方承认并同意,根据证券法第3(a)(9)条的规定,ADSs将具有正在行使的认股权证的注册特征。公司同意不持有任何与本第2(c)部分相悖的立场。
“买盘价对于任何日期, 价格由适用的以下第一款条款确定:(a) 如果ADSs当时在一个交易市场上进行挂牌或报价,ADSs的买盘价格为问题时的时间(或最接近的前一日期)在当时列出或报价的交易市场上由Bloomberg报告的(基于纽约市时间从上午9:30到下午4:02)(b) 如果OTCQb或OTCQX不是一个交易市场,该日期ADSs的成交量加权平均价格(或最近的前一日期)在OTCQb或OTCQX上适用,(c) 如果ADSs当时没有在OTCQb或OTCQX上进行交易挂牌或报价,如果ADSs的价格当时报告在粉红色公开市场上(或一个类似的机构或代理机构继承报价职能),则将最近报告的ADSs的买盘价,或 (d) 在所有其他情况下,ADS的公平市场价值由一个由持有人中占现有证券多数权益的诚信选择独立评估师确定,并且对公司合理接受的,其费用及开支应由公司支付。
““VWAP”表示任何日期上任何证券的美元成交量加权平均价格,在纳斯达克资本市场(或如果纳斯达克资本市场不是该证券的主要交易市场,那么在该证券的主要证券交易所或证券市场上,在该证券上从美国东部时间上午9:30开始,到美国东部时间下午4:00结束,在该证券上由彭博社通过其“VAP”功能报告的美元成交量加权平均价格(设置为9:30开始时间和16:00结束时间);如果上述情况不适用,则为在该证券的场外市场上,该证券的电子公告板在美国东部时间上午9:30开始,到美国东部时间下午4:00,在彭博社报告的美元成交量加权平均价格,或者如果没有任何市场商报告该证券的美元成交量加权平均价格,则该证券市场制造商的最高收盘买入价与最低收盘卖出价的平均值从The Pink Open Market(或类似的机构或代理机构继承其报告价格的功能)或其他方式获得。如果无法计算该日期上该安全的VWAP,则该日期上该安全的VWAP将是我们和债券持有人共同确定的公平市场价值。如果我们和债券持有人无法就该证券的公平市场价值达成一致意见,那么这种争议应根据条款中规定的程序解决。对于所有这些决定应适当调整任何股票股利、股票分割、股票组合、资本重组或其他类似交易的加权平均价格。对于任何日期,"成交量" 指根据适用的以下第一个款规定的价格:(a) 如果ADS当时被列在或在交易市场上挂牌,ADS在该日期(或最接近的前一日期)的每日成交量加权平均价格,根据彭博有限合伙公司报告的该ADS于当天9:30 a.m.(纽约市时间)至4:02 p.m.(纽约市时间)的交易市场上挂牌或收盘报价(b) 如果OTCQB或OTCQX不是交易市场,则相应日期ADS的成交量加权平均价格(或最接近的前一日期)为适用的OTCQB或OTCQX(c) 如果ADS当时未在OTCQB或OTCQX挂牌交易,并且如果ADS价格则在The Pink Open Market(或类似组织或机构继任者报告价格的职能)报告,所报告的每股ADS的最新买盘价,或(d) 在其他所有情况下,ADS的公允市值由持有的突出证券权益中大部分投资者诚心诚意地选择并且对公司合理可接受的独立评估师所确定,其费用和支出应由公司支付。
除非有相反规定,否则在终止日期,本认股权将通过免现金行使根据本第2(c)条自动行使。
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d) 锻炼的机理.
i. 在行使权证ADS时交付根据第(2)(a)款规定,在公司收到行使通知后,公司应通过纽约梅隆银行,作为ADS的存托人(“存托人”),将此处购买的权证股票转让给持有人,通过信贷持有人或其指定方的存款或提款托管系统(“DWAC”)的账户(如果公司当时是该系统的参与者并且(A)有一份有效的注册声明允许向持有人发行或转售由权证ADS代表的权证股票或者(B)权证ADS代表的权证股票符合根据规则 144无 成交量或销售方式限制而进行(假设权证无现金行使),否则通过在公司的股东登记簿中以持有人或其指定方的名义注册的证书的物理交付,以便向持有人在行使通知中指定的地址交付持有人根据此次行使有权获得的权证股票数量的时间,该日期晚于(i)交付行使通知之日后的两个(2)个交易日,并且(ii)交付行使通知之日后的标准结算期包括的交易日数(该日期为,“权证ADS交付日期),前提是在此类行使中(如果不是无现金行使的情况),在此类行使中,在此前交付了与此类行使有关的总行使价格(而且,如果在交付了此类行使的总行使价格(除无现金行使的情况下)的情况下未在该日期交付,其行使的权证ADS交付日期应晚于交付此类行使的总行使价格的两 (2)个交易日)。在交付行使通知后,持有人应被视为在权证已行使之日,就所有公司事务而言,无论权证ADS的交付日期如何,被视为可以记录的持有人 ,前提是总行使价格(如非无现金行使)在(i)两(2)个交易日内及(ii)交付行使通知后的标准结算期包括的交易日数中 达成协议 交货后接收。如果出于任何原因,存托人未能在权证ADS交付日期交付行使通知截至的权证ADS给持有人,公司应支付给持有人现金,作为一种清偿损害而非处罚,每1000美元的权证ADS的行使(基于适用行使通知日ADS的VWAP),每个交易日为10美元(在第三个交易日后增加为每个交易日20美元)为了交付权证ADS交付截至之后的每个交易日,直至交付权证ADS或持有人撤销该行使。公司同意继续保持一个参与FASt计划的过户代理,只要本权证仍然有效并可行使。本合同中使用的“标准结算期“”代表公司在主要交易市场上的标准结算期,以交易日记数,关于有效行使通知书的交付日期。尽管前述,对于在初始行使日期前的交易日下午6点(纽约时间)交付的任何行使通知,这些通知可以在签署购买协议后的任何时间交付,公司同意在Closing Date当天下午4点(纽约时间)以前交付涉及该通知的ADS,前提是在Closing Date之前收到总体行使价格的支付(除了无现金行使的情况)。
ii. 行使期权时,发行新的期权 。如果本期权被部分行使,公司应在持有人的请求和本期权证书的交割时,交付给持有人一份新的期权证明持有人购买本期权未购买的股票的权利,该新期权在其他方面与本期权完全相同。如果这份认股权证已经部分行使,公司应在持有人的要求并在交付认股权证ADS时交出这份认股权证,交付给持有人一份新的认股权证,证明持有人有权购买此认股权证要求购买但尚未购买的认股权证ADS,此新认股权证在其他方面应与本认股权证完全相同。
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iii. 撤销 权利如果公司未能导致托管人在权证ADS交付日期前按照第2(d)(i)款向持有人转发权证ADS,那么持有人将有权撤销该行权,关于未转发的权证ADS(效果是持有人对根据本权证应获取的未转发的权证ADS的权利将恢复),公司应将支付给公司的用于未转发的权证ADS的合计行权价格部分退还给持有人。
iv. 补偿 因未能及时交付认购权证ADS而引起的买入除了持有人享有的任何其他权利之外,如果公司未能按照上文第2(d)(i)条款规定按时交付认购权证ADS,导致持有人在认购权证ADS交付日期之前或之日以后在开放市场交易或其他方式下被其券商要求购买(或券商机构本身购买)ADS,以满足出售已预期接受此类行权后收到的认购权证ADS的持有人的需求(“Buy-In”),则公司应(A)以现金支付持有人的金额,即持有人购买该ADS的总购买价格(包括券商佣金(如果有的话))超过(y)乘以(1)与有关订单相关的公司应向持有人交付的认购权证ADS数量乘以(2)为发出该购买要约的价格,根据持有人的选择,(B)恢复未经遵守的部分认购权证和相应数量的认购权证ADS(在这种情况下,此次行使将被视为撤销),或向持有人交付认购权证的行使和交付义务下公司应当及时完成的ADS数量。例如,如果持有人购买的ADS的总购买价格为11,000美元,以涵盖与以总售价10,000美元提高此类购买义务的ADS的尝试行使相关的买入,根据前文的条款(A),公司应支付持有人1,000美元。持有人应向公司递交书面通知,指明应向持有人支付的补偿金额,并应根据公司的要求提供相应损失的证据。本协议未限制持有人在此下追求任何其他可用于其的追索权,包括但不限于具体履行和/或具体表现命令,以针对公司未能按照本协议条款及时交付ADS而寻求法律救济或衡平法救济等权利。买入如公司未能向持有人交付所购买的ADSs(美国存托股票),则公司应按下列方式付款:(A)如持有人购买此类ADSs的总购买价格(包括券商佣金(若有))超过未交付ADSs数量与卖出订单执行价格相乘得到的金额,则向持有人支付该差额现金,(B)持有人可以选择恢复对等数量Warrant的部分,以补偿未获执行的Warrant ADSs,并返还公司收到的与这些Warrant ADSs有关的行权价金额(在这种情况下,行权应被视为作废),或向持有人交付ADSs,如果公司及时遵守了其根据本合同行使和交付义务应进行的行使,则将发出的ADSs数量交付给持有人。例如,如果持有人购买总购买价格为11,000美元的ADSs,以支付约价10,000美元的Warrants尝试行使引发的买入,那么根据前述款项(A)的条款,公司应支付给持有人1,000美元。持有人应向公司提供书面通知,指示在买入方面应向持有人支付的金额,并在公司要求时提供损失金额的证据。本文中无论任何规定均不限制持有人依法根据此处可用的任何其他救济措施,包括但不限于,要求公司按照本合同规定按时交付行使Warrant时应交付的ADSs的具体执行裁定和/或禁令救济。
v. 不发行碎股或认股权证ADSs在行使本认股权证时不会发行任何认股权证ADSs的碎股。 关于持有人本应在行使中获得购买的ADS的任何部分,公司可选择 以等于该部分乘以行使价格的金额支付现金调整,或者 将其上调至下一个整数ADS;但是,如果将ADS的部分上调至下一个整数ADS导致发行价格低于ADS的票面价值,则不得进行上调。
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vi. 收费、税费和费用Warrant ADSs的发行将不收取持有人任何发行或转让税或其他杂费,所有这些税金和费用应由公司支付,这些Warrant ADSs将以持有人的姓名或持有人指定的姓名发行。 在每种情况下,该B类股东和/或该B类股东的家庭成员需独立控制在此类帐户、计划或信托中持有的B类普通股实时;, 公司对于以下情况,不应承担责任:根据第10(b)部分书面信息可靠地提供。在Warrant ADSs以非持有人姓名发行时,持有人在行使时需随附附表有效执行的委托书,公司可能要求在此之际支付足够的金额以补偿其任何转让税。公司应支付所有同日处理任何行使通知所需的托管费以及支付所有同日电子发行和交付Warrant ADSs给托管机构信托公司(或其他执行类似功能的建立的结算机构)所需的费用。公司将支付与此处Warrants ADSs发行相关的所有适用费用和托管公司的费用。
vii. 结账 公司不会以任何方式关闭其股东名册或记录,以阻止根据本授权书及时行使权利;但是,前述情况不应被视为或解释为限制存款人根据存款协议中的条款和规定所享有的任何权利。 包括但不限于,
e) 持有人的行使限制除非本协议另有规定,公司将不会行使本权证,持有人也无权行使本权证的任何部分,根据第2条或其他任何条款,如果经行使后根据适用行使通知所设定的情形后,持有人(连同持有人的关联企业及任何其它与持有人或任何持有人的关联企业一起行动的个人(该等人," 归因方”)将超过有利权属限制(如下所定义)。在上述句子的目的下,持有人及其关联企业和归因方所利益拥有的普通股数量将包括持有人及其关联企业或归因方实行情况确定是为了行使本权证可发行的普通股ADSs条款下会产生的普通股数量,但将不包括普通股ADSs的数量,即(i)关联方或归因方持有的其余、未行使部分的本权证实际占有的数量,以及(ii)公司的未行使或未转换部分,包括但不限于,受到类似于本协议中包含的限制的其它任何证券(例如,任何其它普通股等价物)的行使或转换,由该等情况下的关联方或归因方实际占有的数量。除前述句子所述外,根据本第2条(e)节的目的,有利权属将根据《证券交易法》第13(d)条及其发出的规则和法规进行计算,持有人承认公司未向持有人保证此种计算是否符合《证券交易法》第13(d)条及持有人应负有依照法律要求的任何申报之计划的唯一责任。在本第2条(e)节中适用的限制区间内,是否本权证可行使的确定(相对于由持有人连同其关联企业及归因方拥有的其它任何证券)以及本权证的哪部分可行使应由持有人个人决定,行使通知的提交将被视为持有人对本权证是否可行使(相对于由持有人连同其关联企业及归因方拥有的其它任何证券)以及本权证的哪部分可行使的确定,均受有利权属限制,并且公司无须核实或确认上述决定的准确性。此外,上述提到的任何组状态的确定将根据《证券交易法》第13(d)条及其发出的规则和法规进行判定。在本第2条(e)节中,为确定未发行的普通股数量,持有人可以依赖于反映在(A)公司最新的年度报告表20-F,提交给委员会的6-k报告或其他公开提交文件(如有)的普通股数量,(B)公司的最新公开声明,或(C)公司或托管机构的最新书面通知报告的普通股已发行数量。在持有人的书面或口头要求下,公司将在一个(1)个交易日内口头和书面向持有人确认当时的普通股数量。在任何情况下,普通股的数量将在考虑到持有人或其关联企业或归因方自所报告的普通股数量截至日期以来在公司的证券,包括本权证的转换或行使后被考虑的情况下确定。有益所有权限制。“应该是所发行普通股数立即之后 为发行普通股票而行使本权证可行使的普通股数的[4.99%][9.99%]。持有人在通知公司时 可以增加或减少本第2(e)节中的受益所有权限制规定,前提是在任何情况下,受益所有权限制 不得超过习后立即发行的普通股数9.99%。普通股票持有人行使 本权证而持有的普通股数,并且本第2(e)节的规定应继续适用。任何 受益所有权限制的增加将在此类通知交付后的第61天开始生效。本段规定应理解和实施,而不是严格符合 本第2(e)节的条款,以纠正本段(或本段的任何部分)可能存在的缺陷或与预期的 受益所有权限制不一致之处,或进行必要或有必要的变更或补充,以有效地实现 此类限制。本段规定中包含的限制应适用于本权证的继任持有人。21世纪医疗改革法案 此自然 这些条款应以不与 本第2(e)节的条款严格一致的方式解释和执行,以纠正本段(或其中的任何部分) 可能存在的缺陷或与拟议的所述 受益所有权限制不一致的原因,或进行必要或理想的变更或补充,以适当地实施上述 限制。本段所包含的限制应适用于本权证的继任持有人。
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第3章。资格.. 某些调整。.
a) 股票 红利和拆分如果公司在本认股权证有效期内的任何时候:(i) 支付股息或以其他方式向其ADS或普通股或任何其他以ADS或普通股(其中,为避免疑问,不包括公司行使本认股权证而发行的任何普通股或ADS)支付的股份进行分配或分配(ii)将未分割的普通股或ADS细分为更多的普通股或ADS(iii)合并(包括通过逆向股份拆分)未分割的ADS或普通股为更少的普通股或ADS,适用的,或(iv)通过重新分类ADS或普通股或公司的任何股份发行,则在每种情况下,行权价格将乘以一个分数,其中分子应为该事件发生前立即发行的ADS数(不包括任何库存股份),而分母应为该事件发生后立即发行的ADS数,并且本认股权证行使后可以发行的股份数量将进行比例调整,以使本认股权证的行权价格总额保持不变。根据本第3(a)款所作的任何调整将在确定有权收到该股息或分配的股东的登记日期后立即生效,并在細分、合并或重新分类的情况下,在生效日期后立即生效。
b)保留.
c) 后续的权益发行除了根据上述第3(a)款进行任何调整外,如果公司在任何时候授予、发行或出售任何普通股等价物或者向ADS的记名持有人按比例提供购买权、认股权证、证券或其他财产(“股票”, 购买权那么持有人将有权根据适用于此类购买权的条款,获得持有人在为授予、发行或出售此类购买权而进行记载持有ADS的持股享有权的日期前,完全行使本认股权所能获得的总购买权,这不考虑本认股权的任何行使限制,包括但不限于有利所有权限制,或者,如果没有为授予、发行或出售此类购买权而进行记录,那么ADS的持有人确定的日期将被视为有资格参与此类购买权的日期,出售此类购买权(在每种情况下,该B类股东和/或该B类股东的家庭成员需独立控制在此类帐户、计划或信托中持有的B类普通股实时;, 公司对于以下情况,不应承担责任:根据第10(b)部分书面信息可靠地提供。在这种情况下,如果持有人参与任何此类购买权的权利会导致持有人超过有益所有权限制,那么持有人将不被授权在此种程度上(或者因此类购买权的有益所有权而持有ADS的有益所有权)参与此类购买权,并且此类购买权将被暂时保留,直到持有人有根据情况有资格参与该权利的时间,如果有的话,以免持有人超过有益所有权限制。
d) 按比例分配在本期权有效期内,如果公司宣布或进行任何分红或其他资产分配(或获得其资产权利的持有者),以资本返还或其他形式(包括但不限于以现金、股票或其他证券、财产或期权的形式进行的分红、股权分拆、重新分类、公司重组、安排计划或其他类似交易)(“分红”当期在发行本期权后的任何时间,如果公司宣布或进行任何分红或其他资产分配(或获得其资产权利的持有者),以资本返还或其他形式(包括但不限于以现金、股票或其他证券、财产或期权的形式进行的分红、股权分拆、重新分类、公司重组、安排计划或其他类似交易),“则在每种情况下,持有人应有权以持有本期权完全行使后可获得的ADS数量(不考虑任何行使限制,包括但不限于有益所有权限制)在分配中参与,而期权”。在记录此类分配的日期之前,或者如果没有记录,则在规定参与此类分配的普通股或ADS记录持有人的日期在每种情况下,该B类股东和/或该B类股东的家庭成员需独立控制在此类帐户、计划或信托中持有的B类普通股实时;, 公司对于以下情况,不应承担责任:根据第10(b)部分书面信息可靠地提供。在那种情况下,如果持有人参与任何该等分配的权利会导致持有人超过有益所有权限制,那么持有人将不有权在该等程度上参与该等分配(或在任何普通股或ADS的有益所有权作为该等分配的结果的任何程度上),且该等分配部分将被搁置,以持有人的利益,直至某种时机,如果有的话,其享有权益将不会导致持有人超过有益所有权限制的时候)
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e) 基础交易. If, at any time while this Warrant is outstanding, (i) the Company, directly or indirectly, in one or more related transactions effects any merger or consolidation of the Company with or into another Person, (ii) the Company, directly or indirectly, effects any sale, lease, exclusive license, assignment, transfer, conveyance or other disposition of all or substantially all of its assets in one or a series of related transactions, (iii) any, direct or indirect, purchase offer, tender offer or exchange offer (whether by the Company or another Person) is completed pursuant to which holders of Ordinary Shares (including any Ordinary Shares underlying the ADSs) are permitted to sell, tender or exchange their shares for other securities, cash or property and has been accepted by the holders of 50% or more of the outstanding Ordinary Shares or 50% or more of the voting power of the common equity of the Company (including any Ordinary Shares underlying the ADSs), (iv) the Company, directly or indirectly, in one or more related transactions effects any reclassification, reorganization or recapitalization of the Ordinary Shares or any compulsory share exchange pursuant to which the Ordinary Shares effectively converted into or exchanged for other securities, cash or property, or (v) the Company, directly or indirectly, in one or more related transactions consummates a share purchase agreement or other business combination (including, without limitation, a reorganization, recapitalization, spin-off, merger or scheme of arrangement) with another Person or group of Persons whereby such other Person or group acquires 50% or more of the outstanding Ordinary Shares (including any Ordinary Shares underlying the ADSs) or 50% or more of the voting power of the common equity of the Company (each a “基本交易”), occurs or is consummated, then, upon any subsequent exercise of this Warrant, the Holder shall have the right to receive, for each Warrant Share represented by each Warrant ADSs that would have been issuable upon such exercise immediately prior to the occurrence of such Fundamental Transaction, at the option of the Holder (without regard to any limitation in Section 2(e) on the exercise of this Warrant), the number of shares of capital stock of the successor or acquiring corporation or of the Company, if the Company is the surviving corporation, and any additional consideration (the “备选补偿作为基本交易的结果,持有与此权证可行权之前所代表的权证股份数量的持有人 无需考虑本权证行使受到2(e)项的任何限制),可获得应收账款。为了进行此类行使,行权价格的确定应进行适当调整, 以适用于基本交易中发行的替代对价的金额,基于每个普通股(包括ADSs下的任何权证股份)可发行的替代对价数量,并且公司应 以反映替代对价任何不同成分相对价值的合理方式分摊行权价格。如果普通股持有人对于在基本交易中收到的证券、现金或财产有 任何选择权,则持有人在进行此类基本交易后行使本权证时应获得相同的选择权,以决定其获得的替代对价。不论其他任何规定,在基本交易 发生时,公司或任何继任实体(如下文所定义)均应根据持有人的选择,在基本交易完成时(或者如果晚,则在适用基本交易的公开 宣布日期后30天内)或随时购买本权证,向持有人支付一个金额现金,等于该基本交易完成时本权证未行使部分的Black Scholes 价值(如下文所定义);在每种情况下,该B类股东和/或该B类股东的家庭成员需独立控制在此类帐户、计划或信托中持有的B类普通股实时;, 公司对于以下情况,不应承担责任:根据第10(b)部分书面信息可靠地提供。如果基本交易不在公司控制之内,包括未经公司董事会批准, 持有人仅有权从公司或任何继任实体处收到相同类型或形式的对价(及按同等比例支付), 按照现金余额的Black Scholes价值,该未行使部分的任何形式是否是现金、股票或任何二者的组合, 或者ADS持有人在基本交易中选择按照可选的对价形式收到,投资者获得相同的选择权。 在每种情况下,该B类股东和/或该B类股东的家庭成员需独立控制在此类帐户、计划或信托中持有的B类普通股实时;, 此外如果公司的ADS持有人在此类重大交易中没有获得或支付任何对价,则视为这些ADS持有人在此类重大交易中收到了继任实体的普通股(该实体可能是在此类重大交易后继任的公司)。黑·斯科尔斯价值“” 表示根据从彭博终端的“OV”功能得出的基于Black-Scholes期权定价模型的本权证价值,该价值将于适用重大交易的完成日确定为定价目的,并反映(A)美国国债利率对应的无风险利率,该利率持续时间等于适用重大交易的公告日期与终止日期之间的时间,(B)预期波动率等于(a)100%和(b)30天波动率、100天波动率或365天波动率中较大者,每个子句(1)-(3)均根据彭博终端的HVt功能(利用365天年化因子)于适用重大交易的公告后第一个交易日确定,(C)用于此类计算的每ADS的基础价格应为在适用重大交易的公告前一交易日(或适用重大交易的完成日(若较早))至持有人根据本第3条(e)的请求进行的交易日结束的期间内的最高成交均价,(D)剩余期权期间等于适用重大交易的公告日期与终止日期之间的时间,以及(E)零借款成本。 Black Scholes价值的支付将通过即时可用资金的电汇(或其他对价)在(i)持有人选择后的五个工作日内及(ii)基本交易完成日期后进行。公司将确保在基本交易中的任何继任实体中,公司不是幸存方(“继任实体根据本第3(e)条款的规定,根据股份持有人合理认可并经股份持有人(不得有不合理延迟)批准的书面协议,承担在本权证和其他交易文件项下的所有义务,并在基础交易前交付给股份持有人,用以换取本权证,标的基金安防-半导体的安全,实体的安全,以书面文件证明,并在形式和实质上与本权证相似,该安全可行使对应数量的这一安全的股份(或其母公司的实体)等于本权证下潜在的这一安全对应的权证股票的数量,这种权证股票可在基础交易之前行使(不考虑本权证的任何行使限制),并且行使价格应将此处的行使价格应用于这些股份(但考虑到基础交易中潜在的标的股票的相对价值和这些股份的价值,这些股份的数量和这一行使价格是为了保护基础交易发生之前本权证的经济价值),并且在形式和实质上对股份持有人合理满意。在发生任何这种基础交易时,实体安防-半导体应被加入至本权证下的“公司”一词(因此,自从此类基础交易的发生或完成之日起,“公司”一文所指的每一款本权证和其他交易文件的条款应改为代表公司和实体安防-半导体或实体安防-半导体,共同和分别),实体安防-半导体或实体安防-半导体与公司共同和分别,在此之前公司的每一个权利和权力均可行使,实体安防-半导体或实体安防-半导体应承担在此之前公司在本权证和其他交易文件项下的所有义务,效力与在此处公司和实体安防-半导体或实体安防-半导体被单独列为公司时相同效果一样。无疑地,无论(i)公司是否有足够授权的普通股发行权证股份和/或(ii)是否在最初行使日期之前发生基础交易,股份持有人都有权享受本3(e)条款的条款。
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所有板块计算。 所有计算均应四舍五入至最接近的一分钱或美国存托股份的1/100。就本第3节而言,在特定日期被认为已发行并流通的普通股数量应为已发行并流通的普通股数量之和(包括存托股份基础的普通股,但不包括如有的库藏股份)。
g) Notice to Holder.
i. Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 3, the Company shall promptly deliver to the Holder by email a notice setting forth the Exercise Price after such adjustment and any resulting adjustment to the number of Warrant ADSs and setting forth a brief statement of the facts requiring such adjustment.
ii. Notice to Allow Exercise by Holder. If (A) the Company shall declare a dividend (or any other distribution in whatever form) on the Ordinary Shares or ADSs, (B) the Company shall declare a special nonrecurring cash dividend on or a redemption of the Ordinary Shares or ADSs, (C) the Company shall authorize the granting to all holders of the Ordinary Shares or ADSs rights or warrants to subscribe for or purchase any shares of capital stock of any class or of any rights, (D) the approval of any shareholders of the Company shall be required in connection with any reclassification of the Ordinary Shares or ADSs, any consolidation or merger to which the Company is a party, any sale or transfer of all or substantially all of the assets of the Company, or any compulsory share exchange whereby the Ordinary Shares are converted into other securities, cash or property, or (E) the Company shall authorize the voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Company, then, in each case, the Company shall cause to be delivered by email to the Holder at its last email address as it shall appear upon the Warrant Register of the Company, at least 20 calendar days prior to the applicable record or effective date hereinafter specified, a notice stating (x) the date on which a record is to be taken for the purpose of such dividend, distribution, redemption, rights or warrants, or if a record is not to be taken, the date as of which the holders of the Ordinary Shares or ADSs of record to be entitled to such dividend, distributions, redemption, rights or warrants are to be determined or (y) the date on which such reclassification, consolidation, merger, sale, transfer or share exchange is expected to become effective or close, and the date as of which it is expected that holders of the Ordinary Shares (including Warrant Shares underlying Warrant ADSs) of record shall be entitled to exchange their Ordinary Shares for securities, cash or other property deliverable upon such reclassification, consolidation, merger, sale, transfer or share exchange; provided that the failure to deliver such notice or any defect therein or in the delivery thereof shall not affect the validity of the corporate action required to be specified in such notice. To the extent that any notice provided in this Warrant constitutes, or contains, material, non-public information regarding the Company or any of the Subsidiaries, the Company shall simultaneously file such notice with the Commission pursuant to a Report on Form 6-K. The Holder shall remain entitled to exercise this Warrant during the period commencing on the date of such notice to the effective date of the event triggering such notice except as may otherwise be expressly set forth herein.
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Section 4. Transfer of Warrant.
a) Transferability. Subject to applicable securities laws, this Warrant and all rights hereunder are transferable, in whole or in part, upon surrender of this Warrant at the principal office of the Company or its designated agent, together with a written assignment of this Warrant substantially in the form attached hereto duly executed by the Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall execute and deliver a new Warrant or Warrants in the name of the assignee or assignees, as applicable, and in the denomination or denominations specified in such instrument of assignment, and shall issue to the assignor a new Warrant evidencing the portion of this Warrant not so assigned, and this Warrant shall promptly be cancelled. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company unless the Holder has assigned this Warrant in full, in which case, the Holder shall surrender this Warrant to the Company within three (3) Trading Days of the date on which the Holder delivers an assignment form to the Company assigning this Warrant in full. The Warrant, if properly assigned in accordance herewith, may be exercised by a new holder for the purchase of Warrant ADSs without having a new Warrant issued.
b) New Warrants. This Warrant may be divided or combined with other Warrants upon presentation hereof at the aforesaid office of the Company, together with a written notice specifying the names and denominations in which new Warrants are to be issued, signed by the Holder or its agent or attorney. Subject to compliance with Section 4(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Warrant or Warrants in exchange for the Warrant or Warrants to be divided or combined in accordance with such notice. All Warrants issued on transfers or exchanges shall be dated the Initial Exercise Date and shall be identical with this Warrant except as to the number of Warrant ADSs issuable pursuant thereto.
c) Warrant Register. The Company shall register this Warrant, upon records to be maintained by the Company for that purpose (the “Warrant Register”), in the name of the record Holder hereof from time to time. The Company may deem and treat the registered Holder of this Warrant as the absolute owner hereof for the purpose of any exercise hereof or any distribution to the Holder, and for all other purposes, absent actual notice to the contrary.
Section 5. Miscellaneous.
a) No Rights as Shareholder Until Exercise; No Settlement in Cash. This Warrant does not entitle the Holder to any voting rights, dividends or other rights as a shareholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i), except as expressly set forth in Section 3. Without limiting any rights of a Holder to receive Warrant ADSs on a “cashless exercise” pursuant to Section 2(c) or to receive cash payments pursuant to Section 2(d)(i) and Section 2(d)(iv) herein, in no event shall the Company be required to net cash settle an exercise of this Warrant.
b) Loss, Theft, Destruction or Mutilation of Warrant. The Company covenants that upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant or any stock certificate relating to the Warrant ADSs, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which, in the case of the Warrant, shall not include the posting of any bond), and upon surrender and cancellation of such Warrant or stock certificate, if mutilated, the Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation, in lieu of such Warrant or stock certificate.
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c) Saturdays, Sundays, Holidays, etc. If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next succeeding Business Day.
d) Authorized Shares.
The Company covenants that, during the period the Warrant is outstanding, its directors will have authority to allot a sufficient number of shares to provide for the issuance of the Warrant ADSs and the underlying Ordinary Shares upon the exercise of any purchase rights under this Warrant. The Company further covenants that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of issuing the Warrant Shares needed for the Depositary to issue the necessary Warrant ADSs upon the exercise of the purchase rights under this Warrant. The Company will take all such reasonable action as may be necessary to assure that such Warrant Shares and Warrant ADSs and the underlying Ordinary Shares may be issued as provided herein without violation of any applicable law or regulation, or of any requirements of the applicable Trading Market upon which the ADSs and Ordinary Shares may be listed. The Company covenants that all Warrant ADSs and the underlying Ordinary Shares which may be issued upon the exercise of the purchase rights represented by this Warrant will, upon exercise of the purchase rights represented by this Warrant and payment for such Warrant ADSs in accordance herewith, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges created by the Company in respect of the issue thereof (other than any transfer restrictions and taxes in respect of any transfer occurring contemporaneously with such issue).
Except and to the extent as waived or consented to by the Holder, the Company shall not by any action, including, without limitation, amending its certificate of incorporation or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in the taking of all such actions as may be necessary or appropriate to protect the rights of Holder as set forth in this Warrant against impairment. Without limiting the generality of the foregoing, the Company will (i) not increase the par value of any Warrant ADSs above the amount payable therefor upon such exercise immediately prior to such increase in par value, (ii) take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable Warrant ADSs and the underlying Ordinary Shares upon the exercise of this Warrant and (iii) use commercially reasonable efforts to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof, as may be, necessary to enable the Company to perform its obligations under this Warrant.
Before taking any action which would result in an adjustment in the number of Warrant ADSs for which this Warrant is exercisable or in the Exercise Price, the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory body or bodies having jurisdiction thereof.
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e) Jurisdiction. All questions concerning the construction, validity, enforcement and interpretation of this Warrant shall be determined in accordance with the provisions of the Purchase Agreement.
f) Restrictions. The Holder acknowledges that the Warrant ADSs acquired upon the exercise of this Warrant, if not registered, and the Holder does not utilize cashless exercise, will have restrictions upon resale imposed by state and federal securities laws.
g) Nonwaiver and Expenses. No course of dealing or any delay or failure to exercise any right hereunder on the part of Holder shall operate as a waiver of such right or otherwise prejudice the Holder’s rights, powers or remedies. Without limiting any other provision of this Warrant or the Purchase Agreement, if the Company willfully and knowingly fails to comply with any provision of this Warrant, which results in any material damages to the Holder, the Company shall pay to the Holder such amounts as shall be sufficient to cover any costs and expenses including, but not limited to, reasonable attorneys’ fees, including those of appellate proceedings, incurred by the Holder in collecting any amounts due pursuant hereto or in otherwise enforcing any of its rights, powers or remedies hereunder.
h) Notices. Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.
i) Limitation of Liability. No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant ADSs, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase price of any ADSs or Ordinary Shares or as a shareholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.
j) Remedies. The Holder, in addition to being entitled to exercise all rights granted by law, including recovery of damages, will be entitled to specific performance of its rights under this Warrant. The Company agrees that monetary damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Warrant and hereby agrees to waive and not to assert the defense in any action for specific performance that a remedy at law would be adequate.
k) Depositary. For the avoidance of doubt, notwithstanding anything to the contrary contained herein, the Depositary’s rights and obligations with respect to the Company and the ADSs (including the Warrant ADSs) shall be as set forth in, and subject to, the terms and provisions of the deposit agreement among, inter alia, the Company and the Depositary and in no event shall this Warrant be deemed or construed to impose any additional obligations or liabilities on the Depositary, provided that this provision shall not limit in any respect the obligations of the Company under this Warrant.
l) Successors and Assigns. Subject to applicable securities laws, this Warrant and the rights and obligations evidenced hereby shall inure to the benefit of and be binding upon the successors and permitted assigns of the Company and the successors and permitted assigns of Holder. The provisions of this Warrant are intended to be for the benefit of any Holder from time to time of this Warrant and shall be enforceable by the Holder or holder of Warrant ADSs.
m) Amendment. This Warrant may be modified or amended or the provisions hereof waived with the written consent of the Company and the Holder.
n) Severability. Wherever possible, each provision of this Warrant shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Warrant shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provisions or the remaining provisions of this Warrant.
o) Headings. The headings used in this Warrant are for the convenience of reference only and shall not, for any purpose, be deemed a part of this Warrant.
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(Signature Page Follows)
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IN WITNESS WHEREOF, the Company has caused this Warrant to be executed by its officer thereunto duly authorized as of the date first above indicated.
TUANCHE LIMITED | |||
By: | |||
Name: | |||
Title: |
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NOTICE OF EXERCISE
To: TUANCHE LIMITED
(1) The undersigned hereby elects to purchase ________ Warrant ADSs of the Company pursuant to the terms of the attached Warrant (only if exercised in full), and tenders herewith payment of the exercise price in full, together with all applicable transfer taxes, if any.
(2) Payment shall take the form of (check applicable box):
☐ in lawful money of the United States; or
☐ if permitted, the cancellation of such number of Warrant ADSs as is necessary, in accordance with the formula set forth in subsection 2(c), to exercise this Warrant with respect to the maximum number of Warrant ADSs purchasable pursuant to the cashless exercise procedure set forth in subsection 2(c).
(3) Please register issue said Warrant ADSs in the name of the undersigned or in such other name as is specified below.
The Warrant ADSs shall be delivered to the following DWAC Account Number:
[SIGNATURE OF HOLDER]
Name of Investing Entity: |
Signature of Authorized Signatory of Investing Entity: |
Name of Authorized Signatory: |
Title of Authorized Signatory: |
Date: |
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EXHIBIT B
ASSIGNMENT FORM
(To assign the foregoing Warrant, execute this form and supply required information. Do not use this form to purchase Warrant ADSs.)
FOR VALUE RECEIVED, the foregoing Warrant and all rights evidenced thereby are hereby assigned to
Name: | ||
(Please Print) | ||
Address: | ||
(Please Print) | ||
Phone Number: | ||
Email Address: | ||
Dated: ________________ __, ______ | ||
Holder’s Signature: ___________________ | ||
Holder’s Address: ____________________ |
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