Series D Issue Date definition
Examples of Series D Issue Date in a sentence
M = any cash proceeds received from each of the Series D Redeemed Shares owned due to capital increase, and any other compensation, indemnification or other proceeds (if any) received from the Founder and the Group Companies due to the occurrence of the Series D Redemption Events, which are actually received by the Series D Redemption Party, during the period from the Deemed Series D Issue Date until the date of receipt by the Series D Redemption Party of the full amount of the Series D Redemption Price.
N = a number, the numerator of which is the number of calendar days between the Deemed Series D Issue Date and the date of receipt by the Series D Redemption Party of the full amount of the Series D Redemption Price and the denominator of which is 365.
The Conversion Price per share of Series A Preferred and Series A1 Preferred on the Series D Issue Date shall be $0.21, the Conversion Price per share of the Series B Preferred and Series B1 Preferred on the Series D Issue Date shall be $0.55, the initial Conversion Price per share of the Series C Preferred and Series C1 Preferred on the Series D Issue Date shall be $0.61273, and the initial Conversion Price per share of the Series D Preferred shall be $2.21.
Conversely, if the Corporation shall at any time or from time to time after the Original Series D Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Series D Conversion Price in effect immediately before the combination shall be proportionately increased.
If the Corporation shall at any time or from time to time after the Original Series D Issue Date effect a subdivision of the outstanding Common Stock, the Series A Conversion Price, the Series B Conversion Price, the Series C Conversion Price and the Series D Conversion Price in effect immediately before that subdivision shall be proportionately decreased.