Offering Price definition
Examples of Offering Price in a sentence
For purposes of clarity, if the Qualified Public Offering Price is $4.00 per share of Common Stock, the Conversion Price would be $3.60 per Share and the holder of the Series C Preferred Stock would receive one point eleven (1.11) shares of Common Stock for each Share held.
Each of the Company and the Selling Shareholders is further advised by the Representative that the Shares are to be offered to the public initially at US$[●] per Share (the “Public Offering Price”) and to certain dealers selected by the Representative at a price that represents a concession not in excess of US$[●] per Share under the Public Offering Price.
Each Substituted Purchaser shall purchase the Offered Shares at the Offering Price, and to the extent that Substituted Purchasers purchase such Offered Shares, including any Substituted Purchaser that settles a purchase of Offered Shares directly with the Company (an “Issuer Direct Subscriber”), the obligations of the Underwriters to do so will be reduced by the number of such Offered Shares purchased by the Substituted Purchasers, including the Issuer Direct Subscribers, from the Company.