Common use of Completion of Equity Offering Clause in Contracts

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Million Dollars ($24,000,000.00) in gross cash proceeds to the Company in exchange for Company Common Stock.

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Forty-Five Million Dollars ($24,000,000.0045,000,000) in gross cash proceeds to the Company in exchange for Company Common Stock and Series A Preferred Stock and such Company Common Stock and Series A Preferred Stock shall have been offered and sold at a price not greater than $0.10 per share of Company Common Stock and Series A Preferred Stock.

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Twenty-Two Million Five Hundred Thousand Dollars ($24,000,000.0022,500,000.00) in gross cash proceeds to the Company in exchange for Company Common Stock.

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Thirty Seven Million Five Hundred Thousand Dollars ($24,000,000.0037,500,000) in gross cash proceeds to the Company in exchange for Company Common StockStock and such Company Common Stock shall have been offered and sold at a price equal to $10.00 per share of Company Common Stock (after giving effect to a 1-for-100 reverse stock split).

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Eighty-Six Million Dollars ($24,000,000.0086,000,000) in gross cash proceeds to the Company in exchange for Company Common Stock.

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Seven Million Dollars ($24,000,000.007,000,000.00) in gross cash proceeds to the Company in exchange for Company Common Stock and such Company Common Stock shall have been offered and sold at a price not greater than $0.05 per share of Company Common Stock.

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Two Million Dollars One Hundred Thousand ($24,000,000.002,100,000) in gross cash proceeds to the Company in exchange for Company Common Stock and Series C Preferred Stock and such Company Common Stock and Series C Preferred Stock shall have been offered and sold at a price not greater than $1.50 per share of Company Common Stock and $1.50 per share of Series C Preferred Stock.

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Seven Million Dollars ($24,000,000.0027,000,000.00) in gross cash proceeds to the Company in exchange for shares of Company Common Stock and a new series of preferred stock of the Company and at least Nineteen Million Dollars ($19,000,000) of such proceeds shall have been provided in exchange for Company Common Stock at a price equal to $0.14 per share of Company Common Stock.

Completion of Equity Offering. The Company shall have closed one or more transactions in which investors have collectively provided a minimum aggregate amount of Twenty Four Nine Million Nine Hundred Seventy Three Thousand Eight Hundred Fifty Seven Dollars ($24,000,000.009,973,857.00) in gross cash proceeds to the Company in exchange for shares of Company Common Stock at a price equal to $1.00 per share of Company Common Stock.