Series E Financing definition

Series E Financing means the issuance and sale of shares of Series E Preferred Stock resulting in gross proceeds to ▇▇▇▇.▇▇▇ of at least $50,000,000.
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Series E Financing has the meaning set forth in the Recitals.
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Series E Financing means the equity financing of the Company pursuant to which the Company shall issue preferred stock, expected to be designated as Series E Preferred Stock.
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Examples of Series E Financing in a sentence

  • The Company has made available and free of any Liens (i) the Purchased Shares for issuance and sale under the Series E Financing; (ii) such number of Class A Ordinary Shares equal to the total number of authorized Preferred Shares, representing the Conversion Shares, (iii) 249,234,508 Class A Ordinary Shares reserved for issuance under the Employee Share Option Plan; and (iv) 39,859,783 Series C Preferred Shares reserved for issuance of warrants.

  • The “Reduced Valuation” shall be equal to a pre-money valuation of the Company (i.e. before the Series E Financing Round) less the amount of all Losses.

  • Provided the Series E Financing Round is closed, the Company shall pay the reasonable fees and out-of-pocket expenses of counsel for the several Investors, in an aggregate amount not to exceed USD 100’000 including any taxes.

  • The Company shall also bear all Swiss issuance and stamp taxes arising out of the Series E Financing Round.

  • Prior and after completion of the Series E Financing Round, the ownership structure of the Company shall be as specified in the capitalization table set forth in Annex 4.

  • Prior and after completion of the initial closing of the Series E Financing Round, the ownership structure of the Company shall be as specified in the capitalization table set forth in Annex 4.

  • This Warrant, the Series E Financing Documents and the Reorganization Documents, constitute the entire agreement between the Company and the Holder with respect to the Warrant and supersedes all prior agreements and understanding with respects to the subject matter of this Warrant.

  • For clarity, this Agreement shall not be effective unless and until the First Closing of the Series E Financing is completed.

  • The closing of the Series E Financing (“Closing”) shall take place on or around October 21, 2015, at 11.a.m. Swiss time at the offices of ▇▇▇▇▇▇▇ ▇▇, Aeschenvorstadt 4, 4010 Basel, Switzerland, or such other date or place as the Company and V-Sciences mutually agree.

  • The Company has made available and free of any Liens (i) the Purchased Shares for issuance and sale under the Series E Financing; (ii) such number of Class A Ordinary Shares equal to the total number of authorized Preferred Shares, representing the Conversion Shares, and (iii) 435,472,880 Class A Ordinary Shares reserved for issuance under the Employee Share Option Plan.


More Definitions of Series E Financing

Series E Financing means the issuance and sale by Purchaser of $25 million in shares of Series E1 Stock to investors pursuant to that certain Series E Convertible Preferred Stock Purchase Agreement of even date herewith attached hereto as Exhibit A (the “Series E Purchase Agreement”). The number of shares of Common Stock to be issued to Seller at Closing shall be determined by dividing (x) $13.3 million by (y) the purchase price per share of the Series E1 Stock issued in the Series E Financing. In addition, in the event that the dollar value of purchase orders received by the Seller and/or its Subsidiaries during the period from March 1, 2004 to the Closing from Huawei Technologies Co., Ltd. in relation to the IP Cable Business Unit is, in the aggregate, an amount equal to or greater than $1 million, then (i) the number of Series E2 Stock shares shall be increased to include the number of shares determined by dividing (x) $2.5 million by (y) the purchase price per share of the Series E1 Stock in the Series E Financing; and (ii) number of Common Stock shares shall be increased to include the number of shares determined by dividing (x) $2.5 million by (y) the purchase price per share of the Series E1 Stock in the Series E Financing.
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Related to Series E Financing

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • New Financing means the Indebtedness incurred or to be incurred by Holdings and its Subsidiaries under the Credit Documents (assuming the full utilization of the Revolving Commitments) and all other financings contemplated by the Credit Documents, in each case after giving effect to the Transaction and the incurrence of all financings in connection therewith.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.