Qualified Offering means an offering of Common Stock (and other securities potentially) resulting in the listing for trading of the Common Stock on the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).
Qualified Offering in Section 1.1 of the Securities Purchase Agreements is deleted and replaced with the following:
Qualified Offering means an offering of equity or debt securities for gross proceeds to the Company of not less than $5.0 million.
Examples of Qualified Offering in a sentence
The exercise price per Warrant Share shall be at the Qualified Offering price of $[__], subject to adjustment hereunder (the “Exercise Price”).
Commencing with the first fiscal quarter ending immediately after the issuance of a Qualified Offering, permit, as of the last day of any fiscal quarter, the Senior Secured Net Leverage Ratio for any period of four consecutive fiscal quarters of the Parent Borrower, in each case taken as one accounting period, to be greater than 2.00:1.00.
More Definitions of Qualified Offering
Qualified Offering means a public or nonpublic offering of Covered Securities for cash, and, for the avoidance of doubt, shall include all Covered Securities issued in respect of such offering pursuant to the exercise of preemptive rights.
Qualified Offering means the first occurrence of an offering of the Company’s Common Stock which closes in one or more closings in connection with which the Company receives not less than $5,000,000 of gross cash proceeds from the sale of Common Stock on or before November 15, 2016 by Palladium Capital Advisors, LLC pursuant to the terms of an investment banking agreement between the Company and Palladium Capital Advisors, LLC, and thereafter by the Company or other placement agent until the Maturity Date (as defined in the Note) accelerated or otherwise.”
Qualified Offering means a registered offering of Common Stock (or units consisting of Common Stock and warrants to purchase Common Stock) for aggregate gross proceeds to the Company of at least $5,000,000 resulting in the listing for trading of the Common Stock on the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).
Qualified Offering means (a) any registered offering of Common Stock and/or Common Stock Equivalents that occurs after the Original Issue Date or (b) any financing (registered or private placement) (or series of financings) of Common Stock and/or Common Stock Equivalents with gross proceeds of, in the aggregate following the Original Issue Date, $4,000,000 or more that occurs after the Original Issue Date. As used herein, the term “Trigger Date” means the date the Company consummates a Qualified Offering.
Qualified Offering means the closing of the sale of the securities of the Company, whether in a private placement or pursuant to an effective registration statement under the Securities Act resulting in at least $2,500,000.00 of gross proceeds to the Company.
Qualified Offering means an offering pursuant to an effective registration statement in which Registrable Securities are sold to an underwriter on an underwritten firm commitment basis for reoffering and resale to the public.
Qualified Offering means an offering of the Company’s securities, in one or a series of financings, in which the Company receives gross proceeds of at least $7,000,000.