Equity Financing Transaction means an equity issuance of common shares of the Borrower for net cash proceeds of at least $8,000,000.00.
Equity Financing Transaction has the meaning set forth in Section 3.4(d)(i).
Equity Financing Transaction means the issuance and/or sale by the Company of shares of Ordinary Common Stock for cash in a bona fide financing transaction with a third party investor, the primary purpose of which is to raise funds for the Company, but excluding (a) any offering of shares which constitute less than five percent (5%) of the then outstanding number of shares of the Ordinary Common Stock, (b) any issuance of shares to, or issuance of shares upon exercise of options granted to, employees, officers or directors of the Company or any Affiliate of the Company, (c) any issuance of shares as an “equity kicker” in a debt financing, or upon conversion of debt securities or upon exercise of warrants issued in connection with any such debt financing, or (d) any issuance of shares in connection with a transaction, the primary purpose of which is not to raise funds for the Company, including but not limited to a merger or share-for-share exchange or an acquisition of a business.
Examples of Equity Financing Transaction in a sentence
As informed by GCL System Integration, on 8 August 2022, Nantong Zhongjin (being an Independent Third Party to the Company) entered into the Equity Financing Transaction Agreements with the Hefei GCL System, GCL System Integration and GCL System Integration (Suzhou) to subscribe for the registered capital of RMB115.74 million in Hefei GCL System at a consideration of RMB150 million.
More Definitions of Equity Financing Transaction
Equity Financing Transaction means the stock purchase transaction under the Series B-1 Preferred Stock Purchase Agreement dated as of July 17, 2017 by and among Winc, Inc. and the purchasers party thereto. Multiplier Capital II, LP Schedule to Loan and Security Agreement
Equity Financing Transaction the meaning assigned to such term in the first paragraph of this Agreement.
Equity Financing Transaction is defined in Section 3.1.2.
Equity Financing Transaction means any transaction in which the Company issues or sells any of its equity securities for cash to one or more third party investors. For the avoidance of doubt, an Equity Financing Transaction does not include (i) issuances of securities upon the exercise of any options or warrants outstanding as of the date of this Agreement, (ii) issuances of stock bonuses or grants of stock awards under any plan to issue securities as compensation to employees, officers, directors or consultants of the Company duly adopted for such purpose by the Company’s board of directors, (iii) issuances of securities in connection with a merger, acquisition or other business combination or (iv) issuances of securities in connection with any stock split, stock dividend, recapitalization or similar event.
Equity Financing Transaction means any financing transaction in which the Parent issues any equity security or instruments convertible into any equity security of the Parent with net proceeds of more than Three Million Dollars ($3,000,000); provided, that an Equity Financing Transaction shall not include (i) the issuance of any securities of the Parent conditioned on a strategic alliance or non-financing transaction that reasonably makes the financing transaction alone an inaccurate measure of the value of the Parent, (ii) any bridge loan to the Parent of not more than Five Million Dollars ($5,000,000) with a repayment term of not more than two (2) years, (iii) the issuance of any securities of the Parent to its officers, directors, employees or consultants pursuant to the Parent’s compensation plans in effect from time to time or (iv) the formal extension of the expiration date (by way of the issuance of replacement warrants) of outstanding warrants through December 31, 2005.
Equity Financing Transaction has the meaning set forth in Section 4(a).
Equity Financing Transaction means an underwritten public offering of Common Units, including any issuance of additional shares to the underwriters pursuant to provisions in the underwriting agreement allowing for such issuance at the original offering price following the initial offering, on terms and conditions reasonably acceptable to the Partnership.