Aggregate Preferred Liquidation Preference definition
Aggregate Preferred Liquidation Preference means the sum of (i) the product obtained by multiplying (x) $5.6455 by (y) the aggregate number of shares of Series 2 Preferred Stock issued and outstanding immediately prior to the Effective Time and (ii) the product obtained by multiplying (x) $1.10 by (y) the aggregate number of shares of Series 1 Preferred Stock issued and outstanding immediately prior to the Effective Time.
Aggregate Preferred Liquidation Preference shall equal the sum of (A) the product of (1) 0.70 and (2) the number of outstanding shares of Series A Convertible Preferred Stock of the Company immediately prior to the Effective Time, (B) the product of (1) 1.070281 and (2) the number of outstanding shares of Series B Conv▇▇▇▇▇▇▇ ▇▇▇▇erred Stock of the Company immediately prior to the Effective Time, (C) the product of (1) 3.3449 and (2) the number of outstanding shares of Series C Convertible Preferred Stock of the Company immediately prior to the Effective Time, and (D) the product of (1) 5.5937 and (2) the number of outstanding shares of Series D Convertible Preferred Stock of the Company immediately prior to the Effective Time.
Aggregate Preferred Liquidation Preference means the aggregate amount of the relevant Per Preferred Share Consideration (taking into account the variance in the Base Subscription Price) multiplied by each outstanding share of Company Preferred Shares that corresponds with that Base Subscription Price immediately prior to the Closing Date.
Examples of Aggregate Preferred Liquidation Preference in a sentence
For purposes of illustration, as of the date hereof, the Common Cash Ratio is estimated to be $1.111077 per share based on the following assumptions: (A) an Aggregate Preferred Liquidation Preference of $310,803 paid to the holders of Company Preferred Stock, assuming Total Company Preferred Stock of 121,920 shares and no such shares convert into Company Common Stock, and (B) Fully Converted Shares of Company Common Stock Outstanding of 5,175,298.
More Definitions of Aggregate Preferred Liquidation Preference
Aggregate Preferred Liquidation Preference means the product obtained by multiplying (i) Preferred Liquidation Preference Cash Ratio by (ii) the Total Company Preferred Stock.
Aggregate Preferred Liquidation Preference means an amount equal to (A) $0.5105 multiplied by the total number of shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time or issuable upon exercise of any Company Warrants, plus (B) all accrued and unpaid dividends on such shares of Company Preferred Stock.
Aggregate Preferred Liquidation Preference means the sum of the Series A Preferred Liquidation Preference, the Series B Preferred Liquidation Preference, the Series C Preferred Liquidation Preference and the Series D Preferred Liquidation Preference.
Aggregate Preferred Liquidation Preference means the sum of (i) the product obtained by multiplying (x) the Per Share Series 3 Liquidation Preference by (y) the aggregate number of shares of Series 3 Preferred Stock issued and outstanding immediately prior to the Effective Time, (ii) the product obtained by multiplying (x) the Per Share Series 2 Liquidation Preference by (y) the aggregate number of shares of Series 2 Preferred Stock issued and outstanding immediately prior to the Effective Time, and (iii) the product obtained by multiplying (x) the Per Share Series 1 Liquidation Preference by (y) the aggregate number of shares of Series 1 Preferred Stock issued and outstanding immediately prior to the Effective Time.