Next Round Price definition

Next Round Price means the lowest effective price per share (on a common stock equivalent basis and taking into account any securities issued together with the preferred stock) at which shares of the Company’s convertible preferred stock are sold in the Next Round.
Next Round Price means the price per share of the equity securities sold in the Company’s next Qualified Financing occurring after the Warrant Date.
Next Round Price means the lowest price per share paid by an investor in the Next Round for Next Round Shares.

Examples of Next Round Price in a sentence

  • Series B Preferred; provided that if a Next Round occurs and the Next Round Price (as defined below) is less than the Warrant Price, this Warrant shall, instead, to the extent not previously exercised, automatically be exercisable for Next Round Stock at the Next Round Price.

  • If the Class of Stock is Series B Preferred then $1.20 per share, but if the Class of Stock is Next Round Stock then the Next Round Price.

  • Effective immediately upon the initial closing of the Next Round, automatically and without the requirement for further action by any Person: (a) the Warrant Price shall be adjusted to equal the Next Round Price, (b) the series and class of Shares for which this Warrant is exercisable shall be changed from the Initial Class to the Next Round Class, and (c) the number of Shares for which this Warrant is exercisable shall be adjusted to the Adjusted Number of Shares.

  • Toxin assays for tetanospasmin may be useful, but are only available in a few laboratories.

  • Currently the proposed discharge rate is too high for all storm events and as per national guidance should be close to as reasonable practical the equivalent greenfield rates.


More Definitions of Next Round Price

Next Round Price means the price per share at which shares of the Company’s convertible preferred stock are sold in the Next Round.
Next Round Price means the price per share paid by the lead investor for the Next Round Stock in connection with the Next Round. Issue Date: June 28, 2013 Expiration Date: June 28, 2023 See also Section 5.1(b).
Next Round Price means the lowest price per share paid to the Company by cash investors for the Company’s Common Stock issued in the Next Round (hereinafter defined). “Next Round” means the next bona fide round of equity financing after the Date of Issuance and on or prior to March 31, 2022, in which Company sells or issues shares of its Common Stock (excluding any option grants, shares issued in an acquisition, shares issued to vendors, and the like).
Next Round Price means the price per share of Preferred Stock paid by the investors in the Next Equity Financing (excluding, if applicable, any discounts applied to the purchase price of any Preferred Stock issued in the Next Equity Financing upon conversion or cancellation of indebtedness).
Next Round Price means the price per share at which the next bona fide issuance of preferred stock of Borrower is made in an offering in which not less than $5,000,000 is raised by Borrower (the "Next Round"). Silicon Valley Bank Loan and Security Agreement --------------------------------------------------------------------------------
Next Round Price means the lower of (i) the lowest price per share paid to the Company by cash investors for the Company’s preferred equity securities issued in the Next Round (hereinafter defined) (the “Next Round Stock”), including for this purpose the value of all consideration given by an investor for such preferred equity securities and specifically including any discounts afforded to investors and stockholders of Company upon conversion of any convertible securities held by such investors and stockholders in connection with the Next Round or otherwise and (ii) the lowest conversion price, as defined in any convertible note issued by the Company since December 31, 2019 and prior to the Next Round. “Next Round” means the next bona fide round of equity financing if any, after the date hereof in which Company sells or issues shares of its preferred equity securities, and includes (and Holder shall be entitled to receive (as calculated in relation to the Coverage Amount)) any options, warrants, or other convertible securities or similar consideration issued or delivered to investors in connection with the Next Round; provided that the term Next Round excludes any additional sales of Company’s Series D Preferred Stock.
Next Round Price means the lowest price per share at which the Company sells and issues shares of the Next Round Shares. Beamr – SVB Warrant Issue Date: February 19, 2017 Expiration Date: 15th anniversary of the Issue Date subject to Section 5.1(b) and Section 1.6(b).