Closing Threshold. For the ten (10) Trading Days immediately preceding the date of the Series C Financing Notice, the average daily trading volume of the Common Stock on the NASDAQ shall be at least $150,000 and the average of the Per Share Market Value for such ten (10) Trading Day period shall be greater than $1.50 (subject to stock splits and similar adjustments);
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Samples: Convertible Preferred Stock Purchase Agreement (Intelidata Technologies Corp), Convertible Preferred Stock Purchase Agreement (Intelidata Technologies Corp)
Closing Threshold. For the ten (10) Trading Days immediately preceding the date of the Series C First Additional Financing Notice, the average daily trading volume of the Common Stock on the NASDAQ shall be at least $150,000 100,000 shares and the average of the Per Share Market Value for such ten (10) Trading Day period shall be greater than $1.50 6.00 (subject to equitable adjustments for stock splits splits, recombinations and similar adjustmentsevents);
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Samples: Securities Purchase Agreement (Viisage Technology Inc)
Closing Threshold. For the ten (10) Trading Days immediately preceding the date of the Series C Financing NoticeFirst Additional Funding Date, the average daily trading volume of the Common Stock on the NASDAQ shall be at least $150,000 shares and the average of the Per Share Market Value for such ten (10) Trading Day period shall be greater than $1.50 2.50 (subject to equitable adjustments for stock splits splits, recombinations and similar adjustmentsevents);; and
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Samples: Convertible Note Purchase Agreement (Universal Broadband Networks Inc)
Closing Threshold. For the ten (10) Trading Days immediately preceding the date of the Series C Additional Financing Notice, the average daily trading volume of the Common Stock on the NASDAQ shall be at least $150,000 50,000 shares and the average of the Per Share Market Value for such ten (10) Trading Day period shall be greater than $1.50 8.00 (subject to equitable adjustments, stock splits and similar adjustments);
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Samples: Securities Purchase Agreement (Brightstar Information Technology Group Inc)
Closing Threshold. For the ten (10) Trading Days immediately preceding the date of the Series C Second Additional Financing Notice, the average daily trading volume of the Common Stock on the NASDAQ shall be at least $150,000 100,000 shares and the average of the Per Share Market Value for such ten (10) Trading Day period shall be greater than $1.50 6.00 (subject to equitable adjustments for stock splits splits, recombinations and similar adjustmentsevents);
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Samples: Securities Purchase Agreement (Viisage Technology Inc)
Closing Threshold. For the ten (10) Trading Days immediately preceding the date of the Series C First Additional Financing Notice, the average daily trading volume of the Common Stock on the NASDAQ shall be at least $150,000 15,000 shares and the average of the Per Share Market Value for such ten (10) Trading Day period shall be greater than $1.50 15.00 (subject to stock splits and similar adjustments);
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Samples: Securities Purchase Agreement (Fidelity Holdings Inc)
Closing Threshold. For the ten (10) Trading Days immediately preceding the date of the Series C Second Additional Financing Notice, the average daily trading volume of the Common Stock on the NASDAQ shall be at least $150,000 15,000 shares and the average of the Per Share Market Value for such ten (10) Trading Day period shall be greater than $1.50 15.00 (subject to stock splits and similar adjustments);
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Samples: Securities Purchase Agreement (Fidelity Holdings Inc)
Closing Threshold. For the ten (10) Trading Days immediately preceding the date of the Series C delivery of the Additional Financing Notice, the average daily trading volume of the Common Stock on the NASDAQ shall be at least $150,000 50,000 shares and the average of the Per Share Market Value for such ten (10) Trading Day period shall be greater than $1.50 10.00 (subject to equitable adjustments for stock splits splits, recombinations and similar adjustmentsevents);
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