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).

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Series A Financing means Avro’s Series A financing dated as of July 21, 2016.

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.

Examples of Series A Financing in a sentence

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”).
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.
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.
Such employment agreement is to commence after expiration of the consulting agreement and upon the closing of at least the minimum Series A Financing.
In the event the Series A Financing exceeds its maximum of three million dollars ($3,000,000), Cardiotech shall be obligated to only contribute Cardiotech Investment Shares equal to seven hundred fifty thousand dollars ($750,000) in value.

More Definitions of Series A Financing

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 funding of ▇▇▇▇▇ through the sale of Series A Preferred Shares (as defined in the Financing Agreements) raising not less than [***].

Series A Financing shall have the meaning ascribed to it in the recitals.

Series A Financing means the series A round of financing of the Company.

Series A Financing means the non-brokered private placement offering of Neural Shares, at a price of $0.03 per Neural Share;

Series A Financing means the issuance by Borrower of its Series A Redeemable Convertible Preferred Shares and related rights offering in accordance with the Series A Purchase Agreement.

Series A Financing means the non-brokered private placement of Common Shares at a price of $0.10 per Common Share for gross proceeds $4,056,095, which the Company closed in three tranches – first on May 22, 2020, second on June 1, 2020 and third on July 31, 2020;