Valuation Cap definition

Valuation Cap means $5,000,000.

Valuation Cap means a pre-money valuation of US $27,500,000.

Valuation Cap means US$20,000,000.

Examples of Valuation Cap in a sentence

• The term "Conversion Price" means an amount equal to the lesser of (i) eighty percent (80%) of the per share price paid in the Financing or (ii) the price equal to the quotient of the Valuation Cap (as defined below) divided by the aggregate number of outstanding shares of the Company's Common Stock as of immediately prior to the initial closing of the Financing (assuming full conversion or exercise of all convertible and exercisable securities then outstanding other than the Series Notes).

• As a result, the safe holder will receive a greater number of shares than was originally estimated using the Post-Money Valuation Cap.

• The founders decide to raise money using a safe with a Post-Money Valuation Cap of $5 million.

• Either the Valuation Cap or the Discount Rate applies when converting this safe into shares of Safe Preferred Stock.

• The price per share of Safe Preferred Stock is determined by dividing the Valuation Cap in a safe by the company’s fully diluted outstanding capitalization (the “Company Capitalization,” described below).

More Definitions of Valuation Cap

Valuation Cap means US$ ,000,000.

Valuation Cap means [ ] (if no number is included, then no Valuation Cap shall apply).

Valuation Cap means USD $120,000,000.00;

Valuation Cap means $60,000,000.

Valuation Cap has the meaning given to it in paragraph 9. In this Agreement, unless otherwise specified:

Valuation Cap. – means the applied value of the capital stock of the Company when determining the per share price for holders of SAFE Notes in the event of a future Non-Voting Common Stock financing.

Valuation Cap means $5,000,000.00.