FORM OF PRE-FUNDED WARRANT
AKANDA CORP.
FORM OF PRE-FUNDED WARRANT
TO PURCHASE COMMON SHARES
AKANDA CORP.
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| Warrant Shares: [●] | Initial Exercise Date: [●] |
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THIS PRE-FUNDED WARRANT TO PURCHASE COMMON SHARES (the “Warrant”) certifies that, for value received, [●] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) until this Warrant is exercised in full (the “Termination Date”), but not thereafter, to subscribe for and purchase from Akanda Corp., a Canadian corporation incorporated under the *Business Corporations Act *(Ontario) (the “Company”), up to [●] common shares, no par value per share (the “Common Shares”) (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Common Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
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