Initial Offering Price definition
Examples of Initial Offering Price in a sentence
In such case, the amount of cash delivered in lieu of the shares of Company Common Stock shall be determined by multiplying the number of shares of Company Common Stock that would have been issued by the Initial Offering Price.
If the amount of (a) the Adjustment Shortfall divided by (b) the Initial Offering Price exceeds the Adjustment Holdback Amount, the Company shall issue no additional Acquisition Shares.
In such case, the amount of cash delivered in lieu of such shares of Common Stock shall be determined by multiplying the number of shares of Common Stock that would have been issued by the Initial Offering Price.
In the event that the initial opening public offering price per share of Common Stock in the Direct Listing (the “Initial Offering Price”) is less than the Acquisition Per Share Value, the Company shall issue to the Contributors, on a pro rata basis, such additional number of shares of Common Stock, valued at the Initial Offering Price, so that the total number of shares of Common Stock issued to the Contributors hereunder shall equal the Acquisition Total Valuation, valued at the Initial Offering Price.
In the event that the opening public offering price per share of Common Stock in the Direct Listing (the “Initial Offering Price”) is less than the Acquisition Per Share Value, the Company shall issue to the Contributors, on a pro rata basis, such additional number of shares of Common Stock, valued at the Initial Offering Price, so that the total number of shares of Common Stock issued to the Contributors hereunder shall equal the Final Adjusted Purchase Price, valued at the Initial Offering Price.