Net Issue Price definition
Net Issue Price means an amount equal to the “Price to Public” (or equivalent term) shown on the cover of the prospectus for the IPO and representing the gross per share purchase price of Common Stock to purchasers in the IPO, less 7% of such Price to Public (or equivalent term).
Net Issue Price means (A) $3.00 per share for the Series A Preferred Stock and (B) the issue price for any other series of Preferred Stock less any fees, commissions or rebates payable to the purchasers of such series of Preferred Stock, in any case as adjusted proportionally to any adjustment in the Conversion Price.