Series Seed Original Issue Price definition

Series Seed Original Issue Price means $0.2740 per share,
Series Seed Original Issue Price means $1.00 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series Seed Preferred Stock. The termSeries A Original Issue Price” shall mean $13.7347 per share of Series A Preferred Stock, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series A Preferred Stock. The term “Series B Original Issue Price” shall mean $20.4646 per share of Series B Preferred Stock, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series B Preferred Stock. The applicable “Original Issue Price” shall mean (i) with respect to the Series Seed Preferred Stock, the Series Seed Original Issue Price, (ii) with respect to the Series A Preferred Stock, the Series A Original Issue Price, and (iii) with respect to the Series B Preferred Stock, the Series B Original Issue Price.
Series Seed Original Issue Price means $0.62397500.

Examples of Series Seed Original Issue Price in a sentence

  • Each share of Series Seed Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into such number of fully paid and non-assessable shares of Common Stock as is determined by dividing the Series Seed Original Issue Price by the Series Seed Conversion Price (as defined below) in effect at the time of conversion.

  • The “Series Seed Conversion Price” shall initially be equal to the Series Seed Original Issue Price.

  • The “ Series Seed Conversion Price” shall, as of the date of these Articles of Incorporation be equal to the Series Seed Original Issue Price.

  • The "Applicable Original Issue Price" shall mean the Series Seed Original Issue Price and the Series A Original Issue Price, as applicable.

  • The initial Conversion Price per share for the Series Seed Preferred Stock shall be the Series Seed Original Issue Price, the initial Conversion Price per share for the Series A Preferred Stock shall be the Series A Original Issue Price, and the initial Conversion Price per share for the Series B Preferred Stock shall be the Series B Original Issue Price (as applicable, the “Conversion Price”).


More Definitions of Series Seed Original Issue Price

Series Seed Original Issue Price means $0.2351 per share, the “Series A Original Issue Price” shall mean $0.7779 per share, the “Series B Original Issue Price” shall mean $1.1996 per share, the “Series C Original Issue Price” shall mean $1.7460 per share, the “Series D Original Issue Price” shall mean $3.2833 per share, the “Series E Original Issue Price” shall mean $4.8617 per share and the “Series F Original Issue Price” shall mean $12.0614 per share, each subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to such shares of Preferred Stock. The “Applicable Original Issue Price” shall mean (a) in the case of a share of Series Seed Preferred Stock, the Series Seed Original Issue Price, (b) in the case of a share of Series A Preferred Stock, the Series A Original Issue Price, (c) in the case of a share of Series B Preferred Stock, the Series B Original Issue Price, (d) in the case of a share of Series C Preferred Stock, the Series C Original Issue Price, (e) in the case of a share of Series D Preferred Stock, the Series D Original Issue Price, (f) in the case of a share of Series E Preferred Stock, the Series E Original Issue Price and (g) in the case of a share of Series F Preferred Stock, the Series F Original Issue Price.
Series Seed Original Issue Price means $0.25.
Series Seed Original Issue Price means $1.00 per share for the Series Seed Preferred Stock, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series Seed Preferred Stock.FOURTH: The nature of the business or purposes to be conducted or promoted is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law.FIFTH: The total number of shares of all classes of stock which the Corporation shall have authority to issue is 30,000,000 consisting of (i) 22,500,000 shares of Common Stock, $0.0001 par value per share (“Common Stock”) and (ii) 7,500,000 shares of Preferred Stock, $0.0001 par value per share (“Preferred Stock”). The Preferred Stock may be issued from time to time in one or more series, each of such series to consist of such number of shares and to have such terms, rights, powers and preferences, and the qualifications and limitations with respect thereto, as stated or expressed herein. 1,000,000 shares of the authorized Preferred Stock of the Corporation are hereby designated “Series Seed Preferred Stock” and 6,500,000 shares of Preferred Stock are hereby designated “Series A Preferred Stock.”The following is a statement of the designations and the powers, privileges and rights, and the qualifications, limitations or restrictions thereof in respect of each class of capital stock of the Corporation.
Series Seed Original Issue Price means $2.0822 per share for the Series Seed Preferred Stock, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series Seed Preferred Stock.
Series Seed Original Issue Price means $0.132 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series Seed Preferred Stock. The “Series A Original Issue Price” shall mean $0.284 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series A Preferred Stock. The “Series B Original Issue Price” shall mean $0.541 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series B Preferred Stock. The “Series C Original Issue Price” shall mean $0.922 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series C Preferred Stock. The “Series D Original Issue Price” shall mean $1.43 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series D Preferred Stock. The “Series E-1 Original Issue Price” shall mean $1.43 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series E-1 Preferred Stock. The “Series E-2 Original Issue Price” shall mean $1.34 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series E-2 Preferred Stock. The “Series E-3 Original Issue Price” shall mean $1.68 per share, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Series E-3 Preferred Stock.
Series Seed Original Issue Price means $1.00 per share of Series Seed Preferred Stock.
Series Seed Original Issue Price means $0.5686 per share for the Series Seed Preferred Stock (subject to adjustment from time to time for Recapitalizations as set forth elsewhere herein).