PIPE Offering definition

PIPE Offering means the private investment offering consummated by the Company in connection with the Merger.

PIPE Offering means a private placement offering by the Company of shares of its Common Stock primarily for working capital purposes that is consummated after the filing of a Form 10 registration statement by the Company with the SEC and before the Trading Date and in connection with which the Company agrees to use its reasonable best efforts to file, in a defined period following such offering, a resale registration statement registering such shares.

PIPE Offering means the transactions contemplated by the amended and restated securities purchase agreement dated September 15, 2021 between Communications Systems and the PIPE Investors that are the purchasers party to the securities purchase agreement pursuant to which CSI has agreed to sell and the PIPE Investors have agreed to purchase $32.0 million in newly authorized CSI Series A convertible preferred stock convertible at a price of $3.40 per share into CSI common stock, with five-year warrants to purchase an additional $32.0 million of common shares at that same price.

Examples of PIPE Offering in a sentence

• The Company received a subpoena from the U.S. Securities and Exchange Commission (“SEC”) requesting certain information pertaining to the Company’s 2014 PIPE Offering.

• The Company has reserved from its duly authorized capital stock such number of securities for issuance of upon conversion or exercise of the Note and Warrant, as applicable, as well as any securities issuable in the PIPE Offering.

• The Company shall at all times reserve and keep available out of its authorized and unissued capital stock, solely for the purpose of providing for the exercise of the conversion rights provided for under the Note and Warrant, such number of shares of Common Stock and other securities as may be issued in the PIPE Offering, as shall, from time to time, be sufficient for issuance upon conversion of such Note and Warrant in full.

• Penalties agreed to by the Company, if any, with regard to the timing of filing and effectiveness of a Registration Statement covering the securities issued in the PIPE Offering for the benefit of any investors in the PIPE Offering shall be deemed to have been agreed to, and shall apply on the same basis for the benefit of the Investors.

• Elimination follows first order kinetics and other pharmacokinetic parameters such as volume of distribution, clearance, and half-life are independent of bumetanide dose [106].

More Definitions of PIPE Offering

PIPE Offering means the issuance by the Borrower prior to the Closing Date of equity securities to a group of private investors and Energy Transfer Equity, L.P. in a private investment in public equity offering.

PIPE Offering means a private placement offering by the Company of shares of its Common Stock or Preferred Stock, in each case, at a price per share not less than $3.40, primarily for working capital purposes that is consummated in connection with which the Company agrees to use its reasonable best efforts to file, in a defined period following such offering, a resale registration statement registering such shares.

PIPE Offering means a private placement offering by the Company of shares of its Common Stock primarily for working capital purposes that is consummated after the filing of a Form 10 registration statement by the Company with the SEC and before the Trading Date and in

PIPE Offering means the first sale of the Public Company’s equity securities after the closing date of a Reverse Merger Transaction in a private placement of the Public Company’s equity securities in conjunction with a Reverse Merger Transaction.

PIPE Offering has the meaning assigned thereto in the Securities Purchase Agreement.

PIPE Offering means the Company’s offering of $10,000,000 of Units, comprised of $10,000,000 of 10% Subordinated Notes and Warrants to Purchase 1,500,000 shares of Common Stock, as described in the Company’s Confidential Private Placement Memorandum dated July 2009.

PIPE Offering has the meaning set forth in the Recitals.