PUBLIC FLOAT DATE definition

PUBLIC FLOAT DATE means the first date on which shares of Common Stock shall have been sold pursuant to one or more Public Offerings in which the aggregate proceeds (before deducting underwriter discounts and commissions) to the Company and the selling stockholders, if any, of such shares equal or exceed $25 million.
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PUBLIC FLOAT DATE means the date on which shares of Common Stock ----------------- shall have been sold pursuant to one or more Public Offerings in which the aggregate gross proceeds to the Company of such shares equal or exceed $50 million.
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PUBLIC FLOAT DATE means the first date on which shares of Common Stock shall have been sold pursuant to one or more Public
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Examples of PUBLIC FLOAT DATE in a sentence

  • If at any time prior to the Public Float Date, any Other Holder shall receive a bona fide written offer (a "Third Party Offer") from a Third Party (the "Third Party Offeror") to purchase any Subject Securities and such Other Holder desires to accept such Third Party Offer, such Other Holder shall, prior to accepting the Third Party Offer, offer (the "First Refusal Offer") to sell such Subject Securities (the "Offered Securities") in accordance with the procedures, and upon the terms, set forth below.

  • Firstly however the photos of the public, outlined in 3.0, are displayed, illustrating feelings about what the space is, who it is for.

  • Any time prior to the Public Float Date, Xxxxx shall have the right to require the proposed purchaser to purchase from him a number of whole shares of Common Stock up to the number of shares equal to the total number of shares to be sold to the proposed purchaser multiplied by a fraction, the numerator of which is the number of shares of Common Stock held by him and the denominator of which is the total number of shares of Common Stock held by him and UAG (or an Affiliate thereof).

  • The Company covenants that it shall not issue or cause to be issued at any time prior to the Public Float Date any shares of capital stock of the Company to any Person in any transaction not involving a Public Offering of such shares, unless as a condition to such issuance such Person agrees to become a party to this Agreement and to be bound by all the obligations of a Shareholder under this Agreement.


More Definitions of PUBLIC FLOAT DATE

PUBLIC FLOAT DATE means the date on which (a) shares of Common Stock shall have been sold pursuant to one or more Public Offerings in which the aggregate proceeds (before deducting underwriter discounts and commissions) to the Company and the selling stockholders, if any, of such shares equal or exceed $50 million or (b) the Company shall have merged into or consolidated or entered into another business combination transaction with a Person in which the Company is not the surviving person, and the surviving person (the "Successor") from such merger, consolidation or other transaction shall (i) have a class of common stock (or similar equity securities of a limited liability company or partnership) that is registered under Xxxxxxx 00 xx xxx 0000 Xxx, (xx) have sold shares of such common stock (or similar equity securities) pursuant to one or more public offerings and, (iii) as of the close of business on the date such merger, consolidation or other business combination transaction becomes effective, the aggregate fair market value of all of the issued and outstanding shares of such common stock (or similar equity securities) of the Successor, excluding all such shares that are received in such merger, consolidation or other transaction by any Person who was a beneficial owner of shares of Common Stock immediately prior to the consummation of such merger, consolidation or other transaction, shall be at least $50 million. For purposes of this definition, "fair market value" of such common stock (or similar equity securities) of the Successor, on any date specified herein, shall mean (A) the last reported sales price, regular way, or, in the event that no sale takes place on such day, the average of the reported closing bid and asked prices, regular way, in either case (I) as reported on the New York Stock Exchange Composite Tape, or (II) if such security is not listed or admitted to trading on the New York Stock Exchange, on the principal national securities exchange on which such security is listed or admitted to trading, or (III) if not then listed or admitted to trading on any national securities exchange, on the NASDAQ National Market System; or (B) if such security is not quoted on such National Market System, (I) the average of the closing bid and asked prices on each such day in the over-the-counter market as reported by NASDAQ, or (II) if bid and asked prices for such security on each such day shall not have been reported through NASDAQ, the average of the bid and aske...
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PUBLIC FLOAT DATE means the first date on which shares
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PUBLIC FLOAT DATE means the date on which shares of Common Stock shall have been sold pursuant to one or more Public Offerings in which the aggregate gross proceeds to the Company of such shares equal or exceed $50 million.
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PUBLIC FLOAT DATE means the date on which shares of Common Stock shall have been sold by the Company or its shareholders pursuant to a Public Offering.
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Related to PUBLIC FLOAT DATE

  • Public Float means the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a “control person”), or any affiliates thereof, or any immediate family members of officers, directors and control persons.

  • Current Date means any day during the 20-day period ending on the date of the Closing.

  • Investment Date means the date of the Investment Commitment Closing.

  • Sunset Date means the first date following the date upon which the Significant Stockholder ceases to be the beneficial owner of at least 15% of the outstanding shares of common stock of the Corporation, determined in accordance with, and subject to, paragraph (iv) of Article II, Section 2(b) hereof.

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

  • Trading Date means the closing of the first sale to the general public of the Shares pursuant to a registration statement filed with and declared effective by the U.S. Securities and Exchange Commission under the Securities Act.

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Private Placement Lock-up Period means, with respect to Private Placement Warrants that are held by the initial purchasers of such Private Placement Warrants or their Permitted Transferees, and any of the Ordinary Shares issued or issuable upon the exercise or conversion of the Private Placement Warrants and that are held by the initial purchasers of the Private Placement Warrants or their Permitted Transferees, the period ending 30 days after the completion of the Company’s initial Business Combination.

  • Consent Date has the meaning set forth in Section 2.09(a) hereof.

  • Par Call Date means July 1, 2030.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Event Date shall have the meaning set forth in Section 2(d).

  • Applicable Par Call Date means with respect to the 2024 Notes, March 2, 2024, and with respect to the 2029 Notes, July 1, 2029.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Public Trading Date means the first date upon which Common Stock is listed (or approved for listing) upon notice of issuance on any securities exchange or designated (or approved for designation) upon notice of issuance as a national market security on an interdealer quotation system.

  • Issuer Call Date means the day specified as such in the notice delivered by the Issuer in accordance with Product Condition 3, and if such day is not a Trading Day, means the first succeeding Trading Day unless, in the determination of the Calculation Agent, a Market Disruption Event has occurred on that day in which case, the Issuer Call Date shall be the first succeeding Trading Day on which the Calculation Agent determines that there is no Market Disruption Event, unless the Calculation Agent determines that there is a Market Disruption Event occurring on each of the five Trading Days immediately following the original date which (but for the Market Disruption Event) would have been the Issuer Call Date. In that case (i) the fifth Trading Day shall be deemed to be the Issuer Call Date (regardless of the Market Disruption Event); and (ii) the Calculation Agent shall determine the Final Reference Price having regard to the then prevailing market conditions, the last reported trading price of the Shares and such other factors as the Calculation Agent deems relevant;

  • Policy Issuance Date means the date of first issuance of these Terms and Benefits.

  • First Call Date means the date falling 36 months after the Issue Date or, to the extent such day is not a Business Day, the Business Day following from an application of the Business Day Convention.

  • Public event means any event that can be attended by the

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.