Daily Dollar Trading Volume definition
Daily Dollar Trading Volume for each Trading Day during any period, means the Volume-Weighted Average Daily Price for such Trading Day multiplied by the aggregate number of shares of Common Stock traded on such Trading Day; (ii) “Final Average Trading Price” means the Weighted Average Period Price of the Common Stock for the period of 10 Trading Days ending immediately prior to the date that is two business days prior to the Put Option Closing Date or the Warrant Share Delivery Date, as the case may be; (iii) “Trading Day” means a day during which trading in securities generally occurs on the Trading Market; (iv) “Weighted Average Period Price” of the Common Stock for any period means the quotient of (A) the sum of the Daily Dollar Trading Volume for each day during such period divided by (B) the aggregate number of shares of Common Stock traded during such period; and (v) “Volume-Weighted Average Daily Price,” on any Trading Day, means the volume-weighted average price for the Common Stock on the Trading Market, during the period beginning at 9:30:01 a.m., Eastern Time (or such other time as is the official open of trading at the Trading Market), and ending at 4:00:00 p.m., Eastern time (or such other time as is the official close of trading at the Trading Market), as reported by Bloomberg through its “Volume at Price” function (or any successor function, or if there is no such function or such successor function, then as calculated by a nationally recognized investment bank selected by the Company). The volume-weighted average price shall be rounded to the nearest whole cent.
Daily Dollar Trading Volume means, on any date of determination, the product of (i) the daily trading volume of the Common Stock as reported by Bloomberg on such Trading Day and (ii) the Weighted Average Price of the Common Stock on such Trading Day.
Daily Dollar Trading Volume means the number of shares of Common Stock traded on the Trading Market on a particular Trading Day multiplied by the VWAP for such day.
More Definitions of Daily Dollar Trading Volume
Daily Dollar Trading Volume means, on any date of determination, the product of (i) the daily trading volume of the Common Stock as reported by Bloomberg (as defined in the Warrants) on such Trading Day and (ii) the Weighted Average Price (as defined in the Warrants) of the Common Stock on such Trading Day.
Daily Dollar Trading Volume means, on any date of determination, the product of (i) the daily trading volume of the Ordinary Shares as reported by Bloomberg on such Trading Day and (ii) the Weighted Average Price of the Ordinary Shares on such Trading Day.