Nasdaq Minimum Price means the lower of: (i) the Closing Price on the Trading Day immediately preceding the date the Redemption Conversion Price is measured; or (ii) the average Closing Price of the Ordinary Shares for the five (5) Trading Days immediately preceding the date the Redemption Conversion Price is measured.
Nasdaq Minimum Price means (i) with respect to (A) the Conversion Price (as defined in the Amended and Restated Series B Notes), (B) the Exercise Price (as defined in the Amended and Restated Warrants and (C) the Exercise Price (as defined in the New Warrants), $1.09 and (ii) with respect to the Conversion Price (as defined in the New Notes), $2.54.
Nasdaq Minimum Price means the lower of:(X) the Nasdaq Official Closing Price (as reflected on Nxxxxx.xxx) of the Common Stock immediately preceding the issuance of the Payment Shares; or (Y) the average Nasdaq Official Closing Price of the Common Stock (as reflected on Nxxxxx.xxx) for the five trading days immediately preceding the issuance of the Payment Shares. In no event, shall the Company be required to issue in excess of 220,000 Payment Shares.
Examples of Nasdaq Minimum Price in a sentence
As used herein, “Minimum Exercise Price” means 20% of the Nasdaq Minimum Price (as defined in Nasdaq Listing Rule 5635(d) or its successor) calculated as of the date of the Purchase Agreement as proportionately adjusted to reflect any share dividends or splits in the manner set forth in Section 3(a).
More Definitions of Nasdaq Minimum Price
Nasdaq Minimum Price means $1.89, which is the “minimum price” in accordance with Nasdaq Stock Market Rule 5635. “Nasdaq Stockholder Approval” means the receipt by the Company of requisite approval from its stockholders to issueInterest Shares below the Conversion Price or to issue more than 19.99% of its outstanding shares of Common Stock at an issue price belowthe Nasdaq Minimum Price.
Nasdaq Minimum Price means the lower of: (i) the Closing Price on the Trading Day immediately preceding the date the Common Stock Redemption Price is measured; or (ii) the average Closing Price of the Common Stock for the five (5) Trading Days immediately preceding the date the Common Stock Redemption Price is measured.
Nasdaq Minimum Price means, for any conversion hereunder, the lower of: (i) the closing trade price of the Common Stock on the Trading Day immediately preceding the Conversion Date for such conversion; or (ii) the average closing trade price of the Common Stock for the five (5) Trading Days immediately preceding the Conversion Date for such conversion.
Nasdaq Minimum Price means $1.89, which is the “minimum price” in accordance with Nasdaq Stock Market Rule 5635.
Nasdaq Minimum Price means a price that is the lower of: (i) the Nasdaq Official Closing Price (as reflected on Nasdaq.com) immediately preceding the signing of the binding agreement; or (ii) the average Nasdaq Official Closing Price of the common stock (as reflected on Nasdaq.com) for the five trading days immediately preceding the signing of the binding agreement.
Nasdaq Minimum Price means such term as defined in Nasdaq Listing Rule 5635(d).
Nasdaq Minimum Price means the lower of: (i) the Closing Price on the Trading Day immediately preceding the date of measurement; or (ii) the average Closing Price of the Common Stock for the five (5) Trading Days immediately preceding the date of measurement.