Equity Float definition

Equity Float means the market value of the outstanding publicly-traded shares of AOPP or the Resulting Entity, excluding shares held by Affiliates, and "Affiliates" shall include all executive officers, directors, and beneficial owners (within the meaning of Rule 13d-3 of the Exchange Act) of more than 10% of the outstanding shares of the publicly-traded stock of the Company.
Equity Float shall have the meaning set forth in Section 6.7 hereof.
Equity Float means the market value of the outstanding publicly-traded shares of AOP (or PSP11 after the Merger), excluding shares held by Affiliates, and "Affiliates" shall include all executive officers, directors, and beneficial owners (within the meaning of Rule 13d-3 of the Exchange Act) of more than 10% of the outstanding shares of the Capital Stock of AOP (or PSP11 after the Merger). A "Permitted Issuance" shall mean any issuance of AOP Common Stock, PSP11 Common Stock or securities convertible into, exercisable for or exchangeable for AOP Common Stock or PSP11 Common Stock (i) upon the conversion, exercise or exchange of any convertible or exchangeable security or any option, warrant or the like, (ii) as a dividend or distribution payable to all holders of AOP Common Stock or PSP11 Common Stock or by reason of a stock split of AOP Common Stock or PSP11 Common Stock or (iii) to employees or directors of, or consultants to, AOP or PSP11 pursuant to a plan adopted by the Board of Directors and approved by the stockholders of AOP or PSP11, as the case may be.

Related to Equity Float

  • 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.

  • Next Equity Financing means the next sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale (or series of related sales)).

  • First Equity Financing Price means (x) if the pre-money valuation of the Company immediately prior to the First Equity Financing is less than or equal to the Valuation Cap, the lowest price per share of the Equity Securities sold in the First Equity Financing or (y) if the pre-money valuation of the Company immediately prior to the First Equity Financing is greater than the Valuation Cap, the SAFE Price.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.