Series A Financing definition

Series A Financing means an investment of at least Two Million Dollars ($2,000,000.00) from a venture capital firm through the sale of equity securities of Licensee or documentation that sufficient funds have been raised from any source to meet all the development milestones set forth up to Paragraph 6.3(e).
Series A Financing means Avro’s Series A financing dated as of July 21, 2016.
Series A Financing means the funding of XXXXX through the sale of Series A Preferred Shares (as defined in the Financing Agreements) raising not less than [***].

Examples of Series A Financing in a sentence

  • For instance, certain affiliates and family members of the directors have participated in the Series Seed Financing, the Bridge Financing, and the Series A Financing (each as defined below).

  • In addition to your base salary, you may be eligible to earn, for each fiscal year of the Company commencing with the fiscal year in which a Qualifying Series A Financing occurs and ending during the term of your employment with the Company, an annual cash performance bonus under the Company’s bonus plan, as approved from time to time by the Board.

  • Your bonus for the fiscal year in which a Qualifying Series A Financing occurs will be prorated to reflect the portion of the year that elapses following such financing.

  • Specifically, you will receive severance pay in the form of continuation of your final monthly base salary for three (3) months if your termination occurs prior to the Series A Financing and for six (6) months if your termination occurs subsequent to the Series A Financing, less standard payroll deductions and tax withholdings (the “Severance Payments”).

  • On December 17, 2015, Genecast Biotechnology and its then shareholders entered into an investment agreement with five new investors (the “Series A Investors”), pursuant to which the Series A Investors agreed to subscribe for approximately 20.8% of the enlarged registered capital of Genecast Biotechnology immediately upon completion of the Series A Financing for an aggregated consideration of RMB26 million.


More Definitions of Series A Financing

Series A Financing means the financing transaction in which the Company will issue to Investors shares of its Series A Preferred Stock, resulting in at least $[ *** ] in gross proceeds to the Company, all as provided in the Preferred Stock Purchase Agreement.
Series A Financing means SutroVax’s raise of a cumulative total of at least Six Million Five Hundred Thousand U.S. dollars ($6.5 million) (whether in the form of cash raised in connection with equity financings, government or private grants, or payments from partners or collaborators, provided, however, that at least Two Million U.S. dollars ($2 million) shall be raised in consideration for the sale of equity securities to venture capital or other institutional investors, or Strategic Investors) through one transaction or a series of transactions, excluding for such purpose the One Million
Series A Financing means the round of preferred equity financing consummated by Marinus on September 30, 2005.
Series A Financing means any series A financing of the Group Companies (taken as a whole), with a pre-money valuation of no more than RMB10,000,000,000 (or its US$ equivalents).
Series A Financing means the offer and sale by the Company of Units consisting of shares of Series A Preferred Stock and Unit Warrants.
Series A Financing means the series A round of financing of the Company.
Series A Financing means a transaction or series of transactions consummated on or prior to the First Amendment Effective Date, pursuant to which Parent shall have received net cash proceeds from the sale issuance of Parent’s Equity Securities of not less than $23,500,000; and (15) “UCC” or “Uniform Commercial Code”: the Uniform Commercial Code as in effect in the State or in any other applicable jurisdiction; and any reference to an article (including Article 2A) or section thereof shall mean the corresponding article or section (however termed) of any such applicable version of the Uniform Commercial Code.