Last Financing definition
Last Financing means the investment agreement between the Company and the investors listed on Schedule A thereto, dated March 25, 2003 (the “SPA”), pursuant to which the Company issued Series C Preferred Shares at a price per share of $1.65005. The Last Financing Price per Share shall be $1.65005 (subject to adjustment in the event of share splits, share consolidations, issuances of bonus shares, and other recapitalizations of the Series C Preferred Stock).
Last Financing means the last equity investment entered into or consummated prior to the Effective Date, i.e. those certain Subscription Agreements entered into by and among the Company and the Investors (all terms as defined therein), dated November 6, 2021, December 1, 2021, December 22, 2021, and January 28, 2022 (collectively, the “SPA”).
Last Financing means the investment agreement between the Company and AccelMed, signed June 24, 2009. 1.14 “Articles” shall mean the Certificate of Incorporation of the Company. 1.15 “Authorized Issuance” shall mean any issuance of the Company’s shares and/or convertible securities in each of the following events: (i) to a strategic investor who together with its investment in the Company effects a significant transaction with the Company in regards to its business other than a transaction which is primarily of a financial nature; (ii) to employees, consultants or directors of the Company (including, but not limited to, any issuance of shares pursuant to exercise of options granted under the Company’s share option plans) up to 15% of the issued capital; (iii) any exercise of any and/or all of the Company’s current outstanding convertible securities or warrants; (iv) securities issued in connection with any stock split, stock dividend, recapitalization or similar transaction by the Company; and (v) any issuance of Company’s shares and/or convertible securities which the parties to this Warrant agree ad-hoc to include under the definition of an “Authorized Issuance”. 2. Warrant Period. The Warrant may be exercised, in whole or in part, and on one or more occasions, during the period commencing from the Effective Date and ending on the earliest to occur of (i) 3 (three) years following the Effective Date; (ii) 12 (twelve) months after the consummation of an Exit Transaction, provided however, that if the underwriter, in a Public Offering, or the buying party(ies) in the Liquidity Event, require that all outstanding warrants and options of the Company, including this Warrant (but excluding warrants and options granted to employees, directors and consultants of the Company), be exercised prior to or as part of the Public Offering or the Liquidity Event, as the case may be, then the period for exercise of the Warrant shall terminate upon the consummation of the Public Offering or the Liquidity Event, subject to compliance by the Company with the provisions of Section 4.1. 4. Notice of Events. 4.1 In the event that the Company (i) files a prospectus (including draft prospectus) for a Public Offering, or (ii) receives written terms and a bona fide offer for a Liquidity Event, subject to the provisions of any applicable law the Company shall within 7 (seven) days thereof provide written notice of such filing or offer to the Holder (the “Company Notice”) and at least 30 (thirty) d...
Examples of Last Financing in a sentence
The exercise price of each Warrant Share shall be at the discretion of the Holder (i) the Minimum Equity Raising Share Price or (ii) the Last Financing Price per Share.
Sellers shall agree to cooperate with Buyer to complete affidavit requests in a shorter time on an occasional basis.
No financing has been received by the Company since the Last Financing.
More Definitions of Last Financing
Last Financing means the investment agreement between the Company and AccelMed, signed June 24, 2009.