Stated Value definition

Stated Value means $1,000 per share of Preferred Stock.

Stated Value means $1,000 per share, subject to adjustment for stock splits, stock dividends, recapitalizations, reorganizations, reclassifications, combinations, subdivisions or other similar events occurring after the Initial Issuance Date with respect to the Preferred Shares.

Stated Value means $1,000.

Examples of Stated Value in a sentence

• On the Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to issue to the Purchaser an aggregate of 12,800 Series G Convertible Preferred Shares with the aggregate Stated Value of US$12,800,000.

• The Company and the Purchaser have previously entered into a securities purchase agreement dated as of February 22, 2024 (the “Original Securities Purchase Agreement”), pursuant to which the Company agreed to issue 7,000 Series G Convertible Preferred Shares with a total Stated Value of $7,000,000 to the Purchaser as part of the Equity Transfer Transaction.

• Each Holder may, at its option, at any time and from time to time, elect to convert each share of Preferred Stock plus accrued, but unpaid dividends thereon, into such number of fully paid and non-assessable shares of Common Stock as is determined by dividing the Stated Value by the Conversion Price in effect on the Conversion Date.

More Definitions of Stated Value

Stated Value shall have the meaning set forth in Section 2, as the same may be increased pursuant to Section 3.

Stated Value means $1,000.00 per share of Series AA Preferred Stock.

Stated Value means $1,200, subject to increase set forth in Section 3 and/or elsewhere in this Certificate of Designation.

Stated Value shall have the meaning set forth in Section 2.

Stated Value means $100 per share of Preferred Stock.

Stated Value shall have the meaning set forth in the Certificate of Designations.

Stated Value means the figure used by the Company as the value for each Asset it owns to assist in determining the AUM. The Stated Value of each individual Company Asset shall be determined on the last day of each calendar quarter by the Manager in its sole discretion. The Manager, however, shall establish and follow a methodology for determining the Stated Value and may modify, alter, or improve the methodology from time to time in its sole discretion.