Threshold Qualifying Offering definition
Threshold Qualifying Offering means any Qualifying Offering which either (i) is at least $2,500,000 in size or (ii) involves the sale to outside investors of at least 25% of the equity securities outstanding after such round on a Fully-Diluted Basis.
Threshold Qualifying Offering means any Qualifying Offering which either is at least [***] in size or (ii) involves the sale to outside investors of at least [***] of the securities outstanding after such round on a Fully-Diluted Basis.
Threshold Qualifying Offering means any Qualifying Offering which [***].