Qualified IPO definition

Qualified IPO means the issuance by Holdings or any direct or indirect parent of Holdings of its common Equity Interests in an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission in accordance with the Securities Act (whether alone or in connection with a secondary public offering).
Qualified IPO means an underwritten public offering of the Equity Interests of the Borrower, Holdings or any Parent Entity which generates (individually or in the aggregate together with any prior underwritten public offering) gross cash proceeds of at least $70,000,000.
Qualified IPO means a firm commitment underwritten public offering of Class A Common Stock for cash pursuant to a registration statement under the Securities Act where the aggregate proceeds to the Company prior to deducting any underwriters' discounts and commissions from such offering and any similar prior public offerings exceed $200 million.

Examples of Qualified IPO in a sentence

  • Amend any of its Organization Documents in a manner materially adverse to the Lenders; provided that amendments of its Organization Documents in connection with a Qualified IPO shall not be deemed materially adverse to the Lenders.


More Definitions of Qualified IPO

Qualified IPO shall have the meaning set forth in the Restated Certificate.
Qualified IPO has the meaning given to such term in the Memorandum and Articles.
Qualified IPO means a firm commitment underwritten public offering by the Company of shares of its Common Stock prior to or in connection with which all the then-outstanding shares of Preferred Stock are converted automatically into shares of Common Stock pursuant to the Company’s Restated Certificate of Incorporation as such Restated Certificate of Incorporation may be amended from time to time (the “Restated Certificate”);
Qualified IPO means a sale by the Company of shares of Common Stock in an initial underwritten (firm commitment) public offering registered under the Securities Act of 1933, with gross proceeds to the Company of not less than $300 million, resulting in the listing of the common stock on a nationally recognized stock exchange, including without limitation the Nasdaq National Market System.
Qualified IPO means the closing of the first firm commitment underwritten public offering of Ordinary Shares of the Company with a listing on an Eligible Exchange; provided that a Qualified IPO shall be conducted at a public offering price per share that values the Company at a total post-money market capitalization of no less than US$450 million and shall result in minimum gross proceeds to the Company of US$45 million (before deduction of underwriting discounts and registration expenses).
Qualified IPO means any transaction or series of related transactions (including any merger with a special purpose acquisition company or a Subsidiary thereof) after which the common Capital Stock of Holdings or any Parent Holding Company constitutes publicly traded Capital Stock on any U.S. securities exchange or over-the-counter market or any analogous exchange in any jurisdiction.
Qualified IPO means the first underwritten public offering of the Company pursuant to an effective registration statement under the Securities Act, covering the offer and sale by the Company of not less than $10,000,000 of its equity securities, as a result of or following which the Company shall be a reporting issuer under the Exchange Act and its Common Stock is listed on the Nasdaq Stock Market.