Qualified Offering Price definition
Qualified Offering Price means the price per share (or unit, if units are offered in the Qualified Offering) at which the Qualified Offering is made. For the avoidance of doubt, if a unit includes more than one share of Common Stock, “Qualified Offering Price” shall mean the unit price divided by the number of shares of Common Stock contained in a unit.
Qualified Offering Price means the unit price divided by the number of shares of Common Stock contained in a unit.
Qualified Offering Price means the price per share (or price per unit, if units are offered in the Qualified Offering) at which the Qualified Offering is made. For the avoidance of doubt, if a unit includes more than one share of Common Stock, “Qualified Offering Price” shall mean the unit price divided by the number of shares of Common Stock contained in a unit.
Examples of Qualified Offering Price in a sentence
All references in the Transaction Documents to a “30% discount” to the Qualified Offering Price (or similar language) are hereby amended and replaced with a “50% discount” to the Qualified Offering Price.
More Definitions of Qualified Offering Price
Qualified Offering Price shall be defined as the price at which the Qualified Offering is consummated.
Qualified Offering Price means the effective price per share paid by investors per share of Common Stock that is sold to the public. By way of two non-exhaustive examples, among other similar offering structures: (a) if the stated public offering price of the Qualified Offering is $10.00, but is sold as a unit consisting of two (2) shares of Common Stock, the “Qualified Offering Price” is $5.00 or (b) if the stated public offering price of the Qualified Offering is $10.00, but is sold as a unit consisting of one (1) share of Common Stock and a warrant structured as an exchange warrant or a special cashless exercise warrant wherein the holder of such warrant may exercise such warrant on a cashless basis, in whole or in part, for a whole number of shares, equal to the same number of shares that would have been issued to the holder, if such holder had, instead, elected to exercise by paying the aggregate exercise price, in cash, without having to pay such aggregate exercise price, then the “Qualified Offering Price” is $5.00.
Qualified Offering Price means (i) in the case of an IPO, the price per share at which the Qualified Offering is made or (ii) in the case of a SPAC Transaction, the per share merger consideration received by the Company in the Qualified Offering.
Qualified Offering Price means the price per share at which shares of Common Stock are sold in the Qualified Offering.
Qualified Offering Price means (A) the sum of (I) the pre-money valuation of Seragen US as of the Issuance Date, as indicated by the terms upon which Seragen US securities are to be issued in the Qualified Offering, plus (II) the amount that would be received by Seragen US in the event that all Relevant Stock Rights (as hereinafter defined) were to be exercised immediately prior to the Qualified Offering, divided by (B) the sum of (I) the number of shares of Common Stock issued and outstanding immediately prior to the Qualified Offering, plus (II) the number of shares of Common Stock that would be issuable immediately prior to the closing of the Qualified Offering were all Relevant Stock Rights and Free Stock Rights (as hereinafter defined) to be exercised as of such time.
Qualified Offering Price has the meaning set forth in Section 2.2.
Qualified Offering Price means the price per share (or unit, if units are offered in the Qualified Offering) at which the Qualified Offering is made. For the avoidance of doubt, if a unit includes more than one share of Common Stock, “Qualified Offering Price” shall mean the effective price per share paid by investors per share of Common Stock that is sold to the public. By way of two non-exhaustive examples, among other similar offering structures: (a) if the stated public offering price of the Qualified Offering is $10.00, but is sold as a unit consisting of two (2) shares of Common Stock, the “Qualified Offering Price” is $5.00 or (b) if the stated public offering price of the Qualified Offering is $10.00, but is sold as a unit consisting of one (1) share of Common Stock and a warrant structured as an exchange warrant or a special cashless exercise warrant wherein the holder of such warrant may exercise such warrant on a cashless basis, in whole or in part, for a whole number of shares, equal to the same number of shares that would have been issued to the holder, if such holder had, instead, elected to exercise by paying the aggregate exercise price, in cash, without having to pay such aggregate exercise price, then the “Qualified Offering Price” is $5.00.