PIPE Offering definition

PIPE Offering means the private investment offering consummated by the Company in connection with the Merger.

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PIPE Offering means a private placement offering by the Company of shares of its Common Stock primarily for working capital purposes that is consummated after the filing of a Form 10 registration statement by the Company with the SEC and before the Trading Date and in connection with which the Company agrees to use its reasonable best efforts to file, in a defined period following such offering, a resale registration statement registering such shares.

PIPE Offering means the transactions contemplated by the amended and restated securities purchase agreement dated September 15, 2021 between Communications Systems and the PIPE Investors that are the purchasers party to the securities purchase agreement pursuant to which CSI has agreed to sell and the PIPE Investors have agreed to purchase $32.0 million in newly authorized CSI Series A convertible preferred stock convertible at a price of $3.40 per share into CSI common stock, with five-year warrants to purchase an additional $32.0 million of common shares at that same price.

Examples of PIPE Offering in a sentence

The Company received a subpoena from the U.S. Securities and Exchange Commission (“SEC”) requesting certain information pertaining to the Company’s 2014 PIPE Offering.
Penalties agreed to by the Company, if any, with regard to the timing of filing and effectiveness of a Registration Statement covering the securities issued in the PIPE Offering for the benefit of any investors in the PIPE Offering shall be deemed to have been agreed to, and shall apply on the same basis for the benefit of the Investors.
Any proposed Optional Redemption shall be, at the option of the Company, (i) in cash (a “Repayment in Cash”) or (ii) for a period of six months following the closing of the PIPE Offering, in kind by the transfer of ownership of Collateral with a fair market value (the “Fair Market Value”) equal to the amount being repaid (a “Repayment in Kind”).
The Company shall at all times reserve and keep available out of its authorized and unissued capital stock, solely for the purpose of providing for the exercise of the conversion rights provided for under the Note and Warrant, such number of shares of Common Stock and other securities as may be issued in the PIPE Offering, as shall, from time to time, be sufficient for issuance upon conversion of such Note and Warrant in full.
The Company shall cause notice of the closing of the PIPE Offering to be mailed to the Holder in accordance with the notice provisions of the Purchase Agreement at least five (5) days prior to the closing of such PIPE Offering.

More Definitions of PIPE Offering

PIPE Offering means a private placement offering by the Company of shares of its Common Stock or Preferred Stock, in each case, at a price per share not less than $3.40, primarily for working capital purposes that is consummated in connection with which the Company agrees to use its reasonable best efforts to file, in a defined period following such offering, a resale registration statement registering such shares.

PIPE Offering means a series of private financings, issuing the PIPE Note, the Commitment Shares, and PIPE Warrants in a private placement to the PIPE Investor; “PIPE Warrants” means warrants to purchase 136,110 Ordinary Shares at an exercise price of $11.50 per share;

PIPE Offering means the issuance by the Borrower prior to the Closing Date of equity securities to a group of private investors and Energy Transfer Equity, L.P. in a private investment in public equity offering.

PIPE Offering means the first sale of the Public Company’s equity securities after the closing date of a Reverse Merger Transaction in a private placement of the Public Company’s equity securities in conjunction with a Reverse Merger Transaction.

PIPE Offering has the meaning assigned thereto in the Securities Purchase Agreement.

PIPE Offering has the meaning set forth in the Recitals.

PIPE Offering means the Company’s offering of $10,000,000 of Units, comprised of $10,000,000 of 10% Subordinated Notes and Warrants to Purchase 1,500,000 shares of Common Stock, as described in the Company’s Confidential Private Placement Memorandum dated July 2009.