SAFE Price definition

SAFE Price means the price per share equal to the Valuation Cap divided by the CompanyCapitalization.

Examples of SAFE Price in a sentence

  • The Conversion Price means either the SAFE Price or the Discount Price, whichever calculation results in a greater number of shares of Safe Preferred Stock.

  • The SAFE Price means the price per share equal to the Valuation Cap or Post–Money Valuation Cap divided by the Company Capitalization.

  • CABHI’s pro rata share is equal to the ratio of (A) the number of shares of SAFE Shares issued or issuable to CABHI pursuant to this Agreement (which, in the absence of a Qualified Financing, shall be determined based on the SAFE Price), divided by (B) the Company Capitalization.

  • The Company is currently accepting subscriptions at the SAFE Price.

  • If, prior to the third-year anniversary of the execution of this instrument, the SAFE has not converted, terminated or expired, the Company will automatically issue to the Investor a number of Class ‘B’ Units equal to the Purchase Amount divided by the SAFE Price.


More Definitions of SAFE Price

SAFE Price means the price per unit equal to the Valuation Cap divided by the Company Capitalization.
SAFE Price means the price per share equal to the Valuation Cap divided by the Company Capitalization. Accessed by
SAFE Price means the price per unit equal to the Valuation Cap divided by the Company Capitalization. “Standard Preferred Units” means the units of a series of Preferred Units issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.
SAFE Price means the price per share equal to (x) the Valuation Cap (determined with respect to whether or not the Subscriber is an Early Investor) divided by (y) the Fully Diluted Capitalization.
SAFE Price means the price per share of Common Stock sold in the Equity Financing.