This BSA AIR Investment Agreement is a legal template for a company to issue warrants (BSA AIR) to an investor. It grants the investor the right to subscribe to a variable number of new shares upon the occurrence of specific "Triggering Events," such as a new equity financing round, a merger, or an IPO. The document details the terms for the warrant's issuance, subscription, exercise, and the calculation of the number of shares based on valuation caps, floors, and discount rates.