DEFINITION OF QUALIFIED IPO. A Qualified IPO is an initial public offering which yields net proceeds to the Company of at least $30,000,000 at a price per share indicating a total market equity capitalization (post-money) of at least $90,000,000.
Appears in 3 contracts
Samples: Purchase Agreement (Dpec Inc), Purchase Agreement (Mindleaders Com Inc), Convertible Preferred Stock Purchase Agreement (Mindleaders Com Inc)
DEFINITION OF QUALIFIED IPO. A Qualified IPO is an initial public offering which yields net proceeds to the Company of at least $30,000,000 20,000,000 at a price per share indicating a total market equity capitalization (post-money) of at least $90,000,00060,000,000.
Appears in 1 contract
Samples: Convertible Preferred Stock Purchase Agreement (Dpec Inc)
