The San Bernardino California Warrant Agreement is a legally binding contract between Immunomedics, Inc. and the holders of warrants issued by the company. This agreement gives the warrant holders the right, but not the obligation, to purchase a specified number of shares of Immunomedics' common stock at a predetermined price. The purpose of this agreement is to provide a mechanism for warrant holders to exercise their rights and acquire ownership in the company. There are several types of San Bernardino California Warrant Agreement of Immunomedics, Inc. to purchase shares of common stock: 1. Incentive Warrants: These warrants are typically issued to company insiders, such as executives or employees, and are intended to incentivize them to contribute to the company's growth and success. Incentive warrants often come with certain vesting provisions and may have a lower exercise price compared to other types of warrants. 2. Investor Warrants: These warrants are typically issued to investors, such as venture capital firms or angel investors, who provide funding to the company. Investor warrants are often included as part of a larger investment agreement and serve as a way for investors to potentially generate additional returns by purchasing shares at a discount. 3. Convertible Warrants: Convertible warrants provide the holder with the right to convert their warrants into shares of the company's common stock at a predetermined ratio. These warrants are commonly used in financing arrangements, allowing both the investor and the company to benefit from any potential appreciation in the company's stock price. 4. Publicly Traded Warrants: In some cases, Immunomedics, Inc. may choose to issue publicly traded warrants, which can be bought and sold on open exchanges, similar to stocks. These warrants enable individual investors to speculate on the future stock price of Immunomedics and potentially profit from any increase in its value. It is important to note that the specific terms and conditions of the San Bernardino California Warrant Agreement may vary depending on the type of warrant being issued. Investors and warrant holders should carefully review the agreement and consult with legal and financial professionals before making any decisions regarding the purchase or exercise of warrants.