CP1 definition
CP1 means the applicable Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock;
CP1 means the Conversion Price in effect immediately prior to such issuance or deemed issuance of Additional Shares of Common Stock;
CP1 means the Conversion Price of such series of Preferred Stock in effect immediately prior to such issue of Additional Shares of Common Stock;
Examples of CP1 in a sentence
B= The total number of Common Stock that would be issued or issuable under the Subsequent Financing if issued at a per share equal to CP1.
CP1= The Conversion Price (as defined in the Convertible Note and as adjusted thereunder).
Any adjustment made pursuant to this Section (A)(2) of Article IX shall become effective as of the time set forth in the definition of CP1 above.
Any adjustment made pursuant to this Section (A)(1) of Article IX shall be effective as of the time set forth in the definition of CP1 above.
B = Aggregate consideration received by the Company with respect to the new issue of Additional Shares divided by CP1.
More Definitions of CP1
CP1 means the applicable Conversion Price of such series of Preferred Stock in effect immediately prior to such issuance or deemed issuance of Additional Shares of Common Stock;
CP1 means the Conversion Price in effect immediately prior to such issue of Additional Stock;
CP1 means the Series A Conversion Price, Series B Conversion Price or Series C Conversion Price, as applicable, in effect immediately prior to such issue of Additional Shares of Common Stock;
CP1 means (1) in the case of an adjustment to the Series A Conversion Price, the Series A Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock, (2) in the case of an adjustment to the Series A-1 Conversion Price, the Series A-1 Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock, (3) in the case of an adjustment to the Series A-2 Conversion Price, the Series A-2 Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock, (4) in the case of an adjustment to the Series A-3 Conversion Price, the Series A-3 Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock, (5) in the case of an adjustment to the Series B Conversion Price, the Series B Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock, and (6) in the case of an adjustment to the Series C Conversion Price, the Series C Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock;
CP1 means the Series B Conversion Price in effect immediately prior to such issue of Additional Ordinary Shares;
CP1 means the Conversion Price in effect immediately prior to such Dilutive Issuance;
CP1 means the Series Seed Conversion Price in effect immediately prior to such issue of Additional Shares of Common Stock;