SAFE Price definition

SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

SAFE Price means the price per share equal to the Valuation Cap divided by the Company Capitalization.

SAFE Price means the price per share equal to the Post-Money Valuation Cap divided by the Company Capitalization.

Examples of SAFE Price in a sentence

• The Conversion Price means either the SAFE Price or the Discount Price, whichever calculation results in a greater number of shares of Safe Preferred Stock.

• The Company is currently accepting subscriptions at the SAFE Price.

• The SAFE Price means the price per share equal to the Valuation Cap or Post–Money Valuation Cap divided by the Company Capitalization.

• If, prior to the third-year anniversary of the execution of this instrument, the SAFE has not converted, terminated or expired, the Company will automatically issue to the Investor a number of Class ‘B’ Units equal to the Purchase Amount divided by the SAFE Price.

• In the event of a Company Transaction prior to the conversion of this SAFE pursuant to Section 2.1, at the closing of such Company Transaction, the Company shall pay the Holder an amount equal to the proceeds the Holder would have received in such Company Transaction, if the SAFE had converted into Conversion Units at the SAFE Price (or Discounted SAFE Price for the first $750,000 of investment received) immediately prior to the Company Transaction.

More Definitions of SAFE Price

SAFE Price means the price per share equal to the Valuation Cap divided by the CompanyCapitalization.

SAFE Price means the price per share equal to the Valuation Cap divided by the Company Capitalization. “Standard Preferred Stock” means the shares of a series of Preferred Stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.

SAFE Price means the price per share equal to the Valuation Cap divided by the Company Capitalization. Accessed by

SAFE Price means the price per unit equal to the Valuation Cap divided by the Company Capitalization. “Standard Preferred Units” means the units of a series of Preferred Units issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.

SAFE Price means the price per share equal to (x) the Valuation Cap for Early Investors or Standard Investors, as applicable to Investor, divided by (y) the Fully Diluted Capitalization.

SAFE Price means the price per share equal to (x) the Valuation Cap (determined with respect to whether or not the Subscriber is an Early Investor) divided by (y) the Fully Diluted Capitalization.

SAFE Price means the same price per share at which Qualified Convertible Securities having the lowest post-money valuation cap (or calculated equivalent) convert in the Equity Financing.