Next Round Price definition

Next Round Price means the lowest effective price per share (on a common stock equivalent basis and taking into account any securities issued together with the preferred stock) at which shares of the Company’s convertible preferred stock are sold in the Next Round.

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Next Round Price means the price per share of the equity securities sold in the Company’s next Qualified Financing occurring after the Warrant Date.

Next Round Price means the lowest price per share paid by an investor in the Next Round for Next Round Shares.

Examples of Next Round Price in a sentence

If the Class of Stock is Series B Preferred then $1.20 per share, but if the Class of Stock is Next Round Stock then the Next Round Price.
Series B Preferred; provided that if a Next Round occurs and the Next Round Price (as defined below) is less than the Warrant Price, this Warrant shall, instead, to the extent not previously exercised, automatically be exercisable for Next Round Stock at the Next Round Price.
Effective immediately upon the initial closing of the Next Round, automatically and without the requirement for further action by any Person: (a) the Warrant Price shall be adjusted to equal the Next Round Price, (b) the series and class of Shares for which this Warrant is exercisable shall be changed from the Initial Class to the Next Round Class, and (c) the number of Shares for which this Warrant is exercisable shall be adjusted to the Adjusted Number of Shares.
Series E Preferred ; provided, however, that if a Next Round occurs and the Next Round Price (as defined below) is less than the Warrant Price in effect as of immediately prior thereto, this Warrant shall, instead, to the extent not previously exercised, automatically be exercisable for Next Round Stock at the Next Round Price.
If the Class of Stock is Series B Preferred then $1.00 per share, but if the Class of Stock is the Next Round Stock then the Next Round Price.

More Definitions of Next Round Price

Next Round Price means the lowest price per share paid to the Company by cash investors for the Company’s Common Stock issued in the Next Round (hereinafter defined). “Next Round” means the next bona fide round of equity financing after the Date of Issuance and on or prior to March 31, 2022, in which Company sells or issues shares of its Common Stock (excluding any option grants, shares issued in an acquisition, shares issued to vendors, and the like).

Next Round Price means the price per share at which shares of the Company’s convertible preferred stock are sold in the Next Round.

Next Round Price means the price per share paid in cash by purchasers of Next Round Securities issued in the Next Round. For example, if the Company issues Next Round Securities at a Next Round Price of $20.00 and the Warrant is then currently outstanding in whole, the number of Exercise Shares shall be increased from 225,579 to 285,715 ($5,714,300 / $20 = 285,715). In the event this Warrant has been exercised in part prior to the Next Round, the increase in the number of Exercise Shares shall be reduced by the number of Exercise Shares previously issued upon partial exercise of this Warrant. No more than one adjustment shall be made pursuant to this Section 5.2.

Next Round Price means the price per share paid by the lead investor for the Next Round Stock in connection with the Next Round. Issue Date: June 28, 2013 Expiration Date: June 28, 2023 See also Section 5.1(b).

Next Round Price means the price per share of Preferred Stock paid by the investors in the Next Equity Financing (excluding, if applicable, any discounts applied to the purchase price of any Preferred Stock issued in the Next Equity Financing upon conversion or cancellation of indebtedness).

Next Round Price means the lowest Effective Price per share of Common Stock at which Securities are sold in the Company’s next Qualified Financing after the Date of Grant.

Next Round Price means the price per share of preferred stock issued in the Next Round. This Warrant shall be exercisable at any time or from time to time during the period beginning on the date of the closing of the Next Round and ending on the first to occur of (i) March 4, 2006, and (ii) three (3) years from the date on which the Company consummates an initial public offering of its capital stock registered under the Securities Act of 1933, as amended (the "Term of this Warrant"). This Warrant remains subject to the terms and provisions of the Subscription Agreement, dated March 4, 1999 (the "Subscription Agreement"), between the Company and the Subscriber.