SAFE Price definition
SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.
SAFE Price means the price per share equal to the Valuation Cap divided by the Company Capitalization.
SAFE Price means the price per share equal to the Valuation Cap divided by the Company
Examples of SAFE Price in a sentence
If there is an Equity Financing before the termination of this Safe, on the initial closing of such Equity Financing, this Safe will automatically convert into the greater of: (1) the number of shares of Standard Preferred Stock equal to the Purchase Amount divided by the lowest price per share of the Standard Preferred Stock; or (2) the number of shares of Safe Preferred Stock equal to the Purchase Amount divided by the Safe Price.
More Definitions of SAFE Price
SAFE Price means the price per share equal to (x) the Pre-Money Valuation Cap divided by (y) the Fully Diluted Capitalization.
SAFE Price means the price per unit equal to the Post-Money Valuation Cap divided by the Company Capitalization.
SAFE Price means the price per share equal to the Valuation Cap divided by the Company Capitalization. “Standard Preferred Stock” means the shares of a series of Preferred Stock issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.
SAFE Price means the price per unit equal to the Valuation Cap divided by the Company Capitalization. “Standard Preferred Units” means the units of a series of Preferred Units issued to the investors investing new money in the Company in connection with the initial closing of the Equity Financing.
SAFE Price means the same price per share at which Qualified Convertible Securities having the lowest post-money valuation cap (or calculated equivalent) convert in the Equity Financing.
SAFE Price means the price per share equal to (x) the Valuation Cap for Early Investors or Standard Investors, as applicable to Investor, divided by (y) the Fully Diluted Capitalization.
SAFE Price means the price per unit equal to (x) the Pre-Money Valuation Cap divided by (y) the Fully Diluted Capitalization.