Qualified IPO Price definition
Qualified IPO Price means the price per share at which the shares of Common Stock are sold to the public pursuant to the Qualified IPO.
Qualified IPO Price means the price per share to the public in a Qualified IPO.
Qualified IPO Price means the per share public offering price of the Common Stock sold in the Qualified IPO. If units of Common Stock and other securities are issued in the Qualified IPO, the Board of Directors of the Company shall allocate value to the Common Stock based on the relative historical values of similar unit offerings conducted by the same and/or similar underwriters.
Examples of Qualified IPO Price in a sentence
In connection with a Qualified IPO, up to 25%, in 5% increments, of the outstanding principal balance on the Loans (including PIK Loans) may be converted, at Borrower’s option and subject to terms specified herein, into Common Stock (the “Conversion Shares”) at a conversion price per share equal to the Qualified IPO Price (the “Conversion”).
For purposes of determining a price in the left hand column of the Post-IPO Make-Whole Premium Table entitled "Share Price" such price shall be the product of the percentage set forth in such column multiplied by the Qualified IPO Price.
More Definitions of Qualified IPO Price
Qualified IPO Price means, if the Qualified IPO is completed in a single underwritten initial public offering, the public offering price per share in such offering, exclusive of any underwriting discounts or commissions or, if the Qualified IPO is completed in a series of underwritten public offerings, the weighted average (by percentage of ownership sold in each such public offering) public offering price per share in the public offerings pursuant to which the gross aggregate offering prices of all such public offerings came to equal or exceed $1.0 billion, exclusive of any underwriting discounts or commissions.