Titan Medical Inc (TMDIF)

[SPORT19]

The Agent has been granted the option to offer for sale additional Units (the “Over-Allotment Units”) at the price issued under the Offering and/or additional Warrants (the “Over-Allotment Warrants”) at a price of US $0.36 per Over-Allotment Warrant, exercisable in whole or in part at any time and from time to time from the date of the agency agreement up to 30 days following the first Closing Date, so long as the aggregate number of Over-Allotment Units and Over-Allotment Warrants does not exceed 15% of the number of Units issued under the Offering