Public Token Offering definition

Public Token Offering means the opening of the Token Developer’s first public sale of its Tokens to be used on an established decentralized blockchain protocol created by the Token Developer or its affiliates. For the avoidance of doubt, a public sale will be considered one in which the existence of the offering is made public and Tokens can be purchased by some or all segments of the general public (e.g., accredited investors or US residents).
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Examples of Public Token Offering in a sentence

  • Upon the earlier of a (i) Network Launch or a (ii) Public Token Offering following the Reg CF Offering, Token Sponsor agrees to sell Tokens to Company, for solely the consideration of the Net CF Proceeds.

  • Public Token Offering shall be an event, whereby Token Sponsor publicly advertises the sale of its Tokens, regardless of who can purchase them.

  • Next the parties will find the product of (x) the Adjusted CF Proceeds multiplied by (y) the interest rate for the period between the CF Offering and the earlier of the i) Network Launch of the ii) Public Token Offering identified in the Token Interests the (“Final Securities Value”).

  • Finally, the parties will divide the Final Securities Value by (z) the initial undiscounted price set by the Token Sponsor for purposes of the Public Token Offering.

  • To enable Company’s delivery of its Services, Token Sponsor shall collaborate with Company in good faith to (i) provide materials deemed necessary or appropriate by the Company to complete the Reg CF Offering; (ii) communicate any material changes in its Network Launch and/or Public Token Offering logistics and timing; (iii) provide reasonable support to ensure that the Issuer can provide education materials about the Token Sponsor.

  • This Public Token Offering, approved by the AMF*, will create the primary market for GreenTokens.

Related to Public Token Offering

  • Underwritten Offering means a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

  • Pending Underwritten Offering means, with respect to any Holder forfeiting its rights pursuant to this Section 4.5(l), any underwritten offering of Registrable Securities in which such Holder has advised the Company of its intent to register its Registrable Securities either pursuant to Section 4.5(a)(ii) or 4.5(a)(iv) prior to the date of such Holder’s forfeiture.

  • Marketed Underwritten Offering means any Underwritten Offering (including a Marketed Underwritten Shelf Take-Down, but, for the avoidance of doubt, not including any Shelf Take-Down that is not a Marketed Underwritten Shelf Take-Down) that involves a customary “road show” (including an “electronic road show”) or other substantial marketing effort by the Company and the underwriters over a period of at least 48 hours.

  • Underwritten Offering Notice has the meaning set forth in Section 2(b).

  • Shelf Underwritten Offering shall have the meaning given in subsection 2.1.3.

  • Piggyback Offering has the meaning set forth in Section 8(a).

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Rule 415 Offering means an offering on a delayed or continuous basis pursuant to Rule 415 (or any successor rule to similar effect) promulgated under the Securities Act.

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Public Offering means the sale in an underwritten public offering registered under the Securities Act of equity securities of the Company or a corporate successor to the Company.

  • Shelf Offering has the meaning set forth in Section 1(d)(i).

  • Piggyback Registration shall have the meaning given in subsection 2.2.1.

  • Initial Offering means the Company’s first firm commitment underwritten public offering of its Common Stock registered under the Securities Act.

  • Underwritten Takedown means an underwritten public offering of Registrable Securities pursuant to the Resale Shelf Registration Statement, as amended or supplemented.

  • Underwritten Registration or Underwritten Offering A registration in which securities of the Company are sold to an underwriter for reoffering to the public.

  • Initial Public Offering means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Secondary Offering means an offering of securities of a publicly traded company that prior to the offering were not registered under the Securities Act of 1933, as amended.

  • Shelf Takedown means an Underwritten Shelf Takedown or any proposed transfer or sale using a Registration Statement, including a Piggyback Registration.

  • Qualified Initial Public Offering means a public offering of the securities of Parent pursuant to an effective registration statement filed under the Securities Act, that is fully underwritten pursuant to a firm commitment contract and with respect to which the product of (a) the price to the public per share multiplied by (b) the aggregate number of offered shares will yield Net Offering Proceeds of at least $50,000,000.

  • Initial Public Offering” or “IPO means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of Sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Piggy-Back Registration is defined in Section 2.2.1.

  • Piggyback Registrations has the meaning set forth in Section 3(a).

  • Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.

  • Primary Offering means the portion of an Offering other than the Shares offered pursuant to the Company’s distribution reinvestment plan.

  • Piggyback Registration Statement has the meaning set forth in Section 3(a).

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.