Common use of Qualified Equity Financing Clause in Contracts

Qualified Equity Financing. The term “Qualified Equity Financing” means an equity financing pursuant to which the Company sells shares of its Preferred Stock with an aggregate sales price of at least $2 million ($2,000,000), excluding any and all convertible bridge notes (including Notes issued pursuant to Schedule 1 of the Convertible Promissory Note) which are converted into preferred stock and with the principal purpose of raising capital.

Qualified Equity Financing. The term “Qualified Equity Financing” means an is the Company’s next equity financing pursuant to which the Company sells shares of its Preferred Stock capital stock with an aggregate sales price of at least not less than $2 million ($2,000,000)5,000,000, excluding any and all convertible bridge notes (including Notes issued in the Convertible Note Financing (as defined in the Note) pursuant to Schedule 1 of the Convertible Promissory Note) which are converted into preferred stock and this Warrant is issued), with the principal purpose of raising capital.

Qualified Equity Financing. The term “Qualified Equity Financing” means an the first equity financing transaction after the Sales Agreement Date pursuant to which the Company sells raises at least $17,000,000 from persons and/or entities other than the Holder by selling and issuing, in one or more closings, one new series of its shares of its Preferred Stock with an aggregate sales price capital stock or instruments convertible into or exchangeable for, in one or more steps, one new series of at least $2 million ($2,000,000), excluding any and all convertible bridge notes (including Notes issued pursuant to Schedule 1 shares of the Convertible Promissory Note) which are converted into preferred stock and with the principal purpose of raising capitalits capital stock.

Qualified Equity Financing. The term “Qualified Equity Financing” means an equity financing shall mean a transaction or series of related transactions pursuant to which the Company issues and sells shares of its Preferred Stock with an aggregate sales price of at least $2 million ($2,000,000)capital stock, excluding any and all convertible bridge notes (including Notes issued pursuant to Schedule 1 of the Convertible Promissory Note) which are converted into preferred stock and with the principal purpose of raising capital, for aggregate proceeds of at least $100,000 (excluding all amounts received upon conversion or cancellation of indebtedness).

Qualified Equity Financing. The term “Qualified Equity Financing” means an equity financing shall mean a transaction or series of related transactions pursuant to which the Company issues and sells shares of its Preferred Stock with an aggregate sales price of at least $2 million ($2,000,000)capital stock, excluding any and all convertible bridge notes (including Notes issued pursuant to Schedule 1 of the Convertible Promissory Note) which are converted into preferred stock and with the principal purpose of raising capital, for aggregate proceeds of at least $2,000,000 (excluding all amounts received upon conversion or cancellation of indebtedness).

Qualified Equity Financing. The term “Qualified Equity Financing” means is an equity financing pursuant to which the Company sells shares of its Series FF Preferred Stock (or other series of preferred stock) with an aggregate sales price of at least not less than $2 million ($2,000,000)15,000,000, excluding any and including all convertible bridge notes (including Notes issued pursuant to Schedule 1 of under the Convertible Promissory Note) Note Purchase Agreement which are converted into preferred stock capital stock, and with the principal purpose of raising capital.

Qualified Equity Financing. The term For purposes of this Agreement, “Qualified Equity Financing” means an equity financing pursuant for the Buyer at a minimum company pre-money valuation of US $100,000,000, with proceeds to which the Company sells shares of its Preferred Stock with an aggregate sales price Buyer of at least US $2 million ($2,000,000), excluding any and all convertible bridge notes (including Notes issued pursuant to Schedule 1 of the Convertible Promissory Note) which are converted into preferred stock and with the principal purpose of raising capital30,000,000.