Original Issue Price definition

Original Issue Price means $3.00 per share for the Series A Preferred Stock, $1.50 per share for the Series B Preferred Stock, $2.1351 per share for the Series C Preferred Stock, $3.5898 per share for the Series C-1 Preferred Stock, $2.5983 per share for the Series D Preferred Stock and $2.8597 per share for the Series E Preferred Stock (each subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein).

Original Issue Price means (i) $0.11905 per share for the Series A Preferred Stock (subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein), (ii) $0.81 per share for the Series B Preferred Stock (subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein), (iii) $3.4331 per share for the Series C Preferred Stock (subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein), and (iv) $5.9768 per share for the Series D Preferred Stock (subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein).

Original Issue Price means, as applicable, the Series Seed Original Issue Price, the Series A Original Issue Price, the Series B Original Issue Price, the Series B-1 Original Issue Price, or the Series C Original Issue Price.

Examples of Original Issue Price in a sentence

• The rate per annum of the Accruing Dividends shall increase by 2% of the Original Issue Price each year on the date of issuance of such shares of Series A Preferred Stock, provided that such rate per annum shall in no event exceed 12% of the Original Issue Price per annum.

• The conversion rate in effect at any time for conversion of the Series A-1 Preferred (the “Series A-1 Preferred Conversion Rate”) shall be the quotient obtained by dividing the Series A-1 Original Issue Price by the Series A-1 Preferred Conversion Price, calculated as provided in Section IV.D.5(c).

• The conversion rate in effect at any time for conversion of the Series A Preferred (the “Series A Preferred Conversion Rate”) shall be the quotient obtained by dividing the Series A Original Issue Price by the Series A Preferred Conversion Price, calculated as provided in Section IV.D.5(c).

• The conversion price for the Series A Preferred shall initially be the Series A Original Issue Price, subject to adjustment as provided in this Section IV.D.5 (the “Series A Preferred Conversion Price”).

• The conversion price for the Series B Preferred shall initially be the Series B Original Issue Price, subject to adjustment as provided in this Section IV.D.5 (the “Series B Preferred Conversion Price”).

More Definitions of Original Issue Price

Original Issue Price means $1.119 per share for the Series A Preferred Stock, $1.6634 per share for the Series A-1 Preferred Stock, $2.7563 per share for the Series B Preferred Stock, $2.7817 per share for the Series C Preferred Stock, $5.5351 per share for the Series D Preferred Stock, $9.1949 per share for the Series E Preferred Stock, $12.2962 per share for the Series F Preferred Stock and $13.5312 per share for the Series F-1 Preferred Stock (as adjusted for any stock splits and combinations, stock dividends, recapitalizations or the like, with respect to each such series of Preferred Stock).

Original Issue Price means $1.10 per share for the Series A Preferred Stock, $1.78 for the Series B Preferred Stock, $2.58 per share for the Series C Preferred Stock, $2.80 per share for the Series D Preferred Stock, and $4.00 per share for the Series E Preferred Stock (each subject to adjustment from time to time as set forth elsewhere herein).

Original Issue Price means $1,000.00 per share for the Series A Convertible Preferred Stock.

Original Issue Price means $1.00 per share for the Series A Preferred Stock (subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein).

Original Issue Price means $1.00 per share for the Series A Convertible Preferred Stock.

Original Issue Price means $1,000.00 per share for each Series B Preferred Share (as adjusted for any stock dividends, stock splits, combinations, recapitalizations, reclassifications or other similar events with respect to the Series B Preferred Shares).

Original Issue Price means, as applicable, the Series A-l Original Issue Price or the Series A-2 Original Issue Price.