The California Warrant Agreement of Immunomedics, Inc. is a legally binding contract that allows the company to purchase shares of common stock in California. This agreement outlines the terms and conditions under which the purchase of shares can be made, ensuring transparency and compliance with regulatory requirements. The warrant agreement serves as a financial tool that gives Immunomedics, Inc. the right, but not the obligation, to purchase a predetermined number of shares at a specific price for a given period. This provides the company with the opportunity to increase its ownership in the company and potentially benefit from the future growth and success of the business. There are different types of California Warrant Agreements that Immunomedics, Inc. may enter into, depending on specific circumstances and objectives. Some of these types include: 1. Standard Warrant Agreement: This agreement allows the company to purchase shares at a predetermined price within a defined time frame. It is a common type of warrant agreement that provides flexibility to both the company and the stockholders. 2. Special Purpose Warrant Agreement: Immunomedics, Inc. may enter into this type of agreement to address specific financing needs or strategic initiatives. It may include unique terms or conditions tailored to the specific transaction or investment. 3. Employee Stock Option Warrant Agreement: This type of warrant agreement is typically offered to employees as a part of their compensation package. It allows employees to purchase shares at a predetermined price, providing them with the opportunity to become shareholders and align their interests with the company's success. 4. Convertible Warrant Agreement: In certain cases, Immunomedics, Inc. may enter into a convertible warrant agreement, which gives the option to convert the warrants into shares at a predetermined conversion price. This type of agreement provides additional flexibility to both the company and potential investors. The California Warrant Agreement of Immunomedics, Inc. to purchase shares of common stock is a key instrument that enables the company to obtain additional capital, incentivize employees, and strategically align its stakeholders. It ensures a clear understanding of the terms and conditions of the warrant purchase and protects the rights of both the company and its investors.