Equity Raise definition
Equity Raise means the proceeds received by the Borrower from the SPAC Merger or other capital contributions or investments in the equity of the Borrower or a direct or indirect parent of the Borrower.
Equity Raise means the Company’s private offering of Ordinary Shares to “accredited investors,” as defined in Rule 501(a) of Regulation D promulgated under the Securities Act, in a transaction that is, or a series of transactions that are (including the subscription and issuance of the Shares pursuant hereto) exempt from registration under the Securities Act and occur on or prior to the consummation of the Debt Restructuring, for an aggregate amount of no more than US $90,000,000 (which, for the avoidance of doubt, excludes the proceeds received in connection with the issuance of the Secured Convertible Notes).
Equity Raise means the Company’s private offering of Ordinary Shares to “accredited investors,” as defined in Rule 501(a) of Regulation D promulgated under the Securities Act, in a transaction that is, or a series of transactions that are (including the subscription and issuance of the Shares pursuant hereto) exempt from registration under the Securities Act and occur on or prior to the consummation of the Debt Restructuring, for an aggregate amount of no more than US$90,000,000 (which, for the avoidance of doubt, excludes the proceeds received in connection with the issuance of the Hoche Secured Convertible Notes).
Examples of Equity Raise in a sentence
After giving effect to the Equity Raise and the other Transactions, the Total Net Leverage Ratio shall not be more than 4.00 to 1.00.
More Definitions of Equity Raise
Equity Raise means the issuance of new Shares in connection with one or more potential offerings of Shares, or any securities or financial instruments representing such Shares, on any internationally recognised stock exchange;
Equity Raise means cash actually received by Borrower from contributions from its existing and/or future direct or indirect equity holders pursuant to the issuance by Borrower of shares of its capital stock and provided that no Change of Control shall occur as a result thereof.”
Equity Raise has the meaning set forth in Section 5.02(r).
Equity Raise means the offering and sale by the Company pursuant to a private sale between the Company and prospective investors of certain ADSs representing newly issued Ordinary Shares at a purchase price of U.S.$7.25 per ADS and newly issued Ordinary Shares at a purchase price of U.S.$3.625 and with total gross proceeds of approximately U.S.$8.8 million as described in an announcement made by the Company on 31 March 2022.
Equity Raise has the meaning specified in the recitals of the Exchange Agreement.
Equity Raise is defined in Section 6.4.
Equity Raise means the sale by Parent of units consisting of warrants for Common Stock and convertible preferred stock of Parent for not less than $10,000,000, pursuant to the Equity Raise Documents.