Pre-IPO Value means the product of (a) the quotient obtained by dividing (i) the net proceeds to the IPO Issuer from a Qualified IPO (less the reasonably estimated expenses of such Qualified IPO to the IPO Issuer) by (ii) a fraction (expressed as a percentage), the numerator of which is the number of Publicly Offered Securities to be sold to the public in the Qualified IPO and the denominator of which is the total number of securities of the same class or series as the Publicly Offered Securities (including the Publicly Offered Securities) that will be outstanding immediately after the Qualified IPO and (b) the difference between 100% and the percentage described in clause (a)(ii) of this definition.
Pre-IPO Value means the per share price at which the common stock of the IPO Entity is reasonably and in good faith expected by the Board of Directors to be offered by the underwriters of the initial public offering of the IPO Entity.
Pre-IPO Value means the product of (i) the total number of Units, as determined by the board of directors of Jagged Peak LLC, outstanding at Jagged Peak LLC following the recapitalization described in Section 1.2 and (ii) the IPO Price.
Examples of Pre-IPO Value in a sentence
Id. § 5.4. To calculate the amount of IPO Securities that each member is entitled to receive, EnCap must determine the aggregate Pre-IPO Value, if any, that such holder would have received if all of [Caiman II s] cash and other property had been distributed by [Caiman II] in complete liquidation pursuant to the rights and preferences set forth in Section 10.2(h) See id.
More Definitions of Pre-IPO Value
Pre-IPO Value means the total equity value of all membership interests of Holdco immediately prior to the Form 8-A Effective Time that is implied by the IPO Price Per Share.
Pre-IPO Value means the gross equity valuation of Holdings immediately prior to the IPO Date determined based on the IPO Price, but without any reduction to reflect the Company’s or Holdings’ liability for the payment of the IPO Stock Bonus or any similar cash or stock bonus payable to any other employee of the Company on account of an IPO. Notwithstanding the foregoing, if there is a substantial new equity financing or acquisition that results in the issuance of at least $5 million in equity securities of Holdings (or in securities that are convertible into equity securities of Holdings) on or after the Agreement Date, the Pre-IPO Value shall be reduced by the amount raised in such equity financing or the value (determined at the time of such acquisition) of the equity securities (including securities that are convertible into equity securities) issued in such acquisition.
Pre-IPO Value means the product of (i) the quotient obtained by dividing (A) the gross proceeds from the IPO by (B) a fraction (expressed as a percentage), the numerator of which is the number of Publicly Offered Securities to be sold to the public in the IPO by the Company and the Contributors and the denominator of which is the total number of securities of the same class or series as the Publicly Offered Securities (including the Publicly Offered Securities) that will be outstanding immediately after the IPO and (ii) the difference between 100% and the percentage described in clause (i)(B) of this definition.
Pre-IPO Value shall have the meaning set forth in Section 5.9(a).
Pre-IPO Value means the product of (a) the quotient obtained by dividing (i) the proceeds to the IPO Corporation from a Qualified Public Offering (less the reasonably estimated expenses of such Qualified Public Offering required to be paid by the IPO Corporation) by (ii) a fraction (expressed as a percentage), the numerator of which is the number of shares of common stock to be sold to the public in the Qualified Public Offering and the denominator of which is the total number of shares of common stock of the IPO Corporation that will be outstanding immediately after the Qualified Public Offering and (b) the difference between 100% and the fraction described in clause (a)(ii) of this definition expressed as a percentage.
Pre-IPO Value means the quotient obtained by dividing (i) the expected proceeds to the IPO Issuer from a Qualified Public Offering based on the mid-point of the pricing range for such Qualified Public Offering (less the reasonably estimated expenses of such Qualified Public Offering to the IPO Issuer) by (ii) a fraction (expressed as a percentage), the numerator of which is the number of Publicly Offered Securities to be sold to the public in the Qualified Public Offering and the denominator of which is the total number of securities of the same class or series as the Publicly Offered Securities (including the Publicly Offered Securities) that will be outstanding immediately after the Qualified Public Offering.
Pre-IPO Value means the product of (i) the total number of Units, as determined by the board of directors of Jagged Peak LLC, outstanding at Jagged Peak LLC following the recapitalization described in S ection 1.2 and (ii) the IPO Price.