The Massachusetts Warrant Agreement of Immunomedics, Inc. is a legal document that outlines the terms and conditions for the purchase of shares of common stock. This agreement grants the holder the right to acquire a specific number of shares at a predetermined price, referred to as the exercise price. Immunomedics, Inc. is a biopharmaceutical company that specializes in the development and commercialization of targeted antibody-based therapeutics. The company's common stock represents ownership in the company and is traded on public stock exchanges. There are different types of Massachusetts Warrant Agreements offered by Immunomedics, Inc. to purchase shares of common stock. These warrants can be classified based on their expiration date, exercise price, and other specific terms outlined in the agreement. Some common types include: 1. Standard Warrants: These warrants have a fixed expiration date and exercise price. The expiration date signifies the last day on which the warrant can be exercised, while the exercise price represents the predetermined cost per share at which the warrant holder can acquire the shares. 2. Callable Warrants: Callable warrants give Immunomedics, Inc. the right to redeem the warrants before their expiration date. This option enables the company to repurchase the warrants from the holders at a predetermined price. 3. Dilute Warrants: Dilute warrants are issued to existing shareholders and may have anti-dilution provisions, which protect the warrant holder in the event of subsequent stock issuance sat a lower price. These provisions adjust the exercise price or the number of shares the warrant holder is entitled to purchase. 4. Cashless Exercise Warrants: Cashless exercise warrants allow the warrant holder to exercise the warrant without making a cash payment. Instead, the warrant holder surrenders a portion of the shares to cover the exercise price. 5. European Style Warrants: European style warrants can only be exercised on the expiration date, unlike American style warrants that offer the flexibility to exercise at any time before the expiration date. It is crucial to review the specific terms outlined in each Massachusetts Warrant Agreement for Immunomedics, Inc. to ensure a clear understanding of the rights and responsibilities associated with purchasing shares of common stock.