Examples of Series Seed Original Issue Price in a sentence
The “Series Seed Conversion Price” shall initially be equal to the Series Seed Original Issue Price.
Each share of Series Seed Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into such number of fully paid and non-assessable shares of Common Stock as is determined by dividing the Series Seed Original Issue Price by the Series Seed Conversion Price (as defined below) in effect at the time of conversion.
The "Series Seed Original Issue Price" shall mean $2.30769 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series Seed Preferred Stock.
The initial Conversion Price per share for the Series Seed Preferred Stock shall be the Series Seed Original Issue Price, the initial Conversion Price per share for the Series A Preferred Stock shall be the Series A Original Issue Price, and the initial Conversion Price per share for the Series B Preferred Stock shall be the Series B Original Issue Price (as applicable, the “Conversion Price”).
The "Applicable Original Issue Price" shall mean the Series Seed Original Issue Price and the Series A Original Issue Price, as applicable.