Valuation Cap definition
Valuation Cap means $8,000,000.
Valuation Cap means US$20,000,000.
Valuation Cap means a pre-money valuation of US $27,500,000.
Examples of Valuation Cap in a sentence
Either the Valuation Cap or the Discount Rate applies when converting this safe into shares of Safe Preferred Stock.
If this calculation results in a greater number of shares of Safe Preferred Stock for the investor, the price per share based on the Valuation Cap is disregarded (and vice versa).
In a “change of control” transaction, a safe holder can convert a safe into shares of common stock, calculated based on the Valuation Cap, or have its investment returned.
The price per share of Safe Preferred Stock is determined by dividing the Valuation Cap in a safe by the company’s fully diluted outstanding capitalization (the “Company Capitalization,” described below).
This is a safe with a negotiated Valuation Cap and Discount Rate.
More Definitions of Valuation Cap
Valuation Cap means US$ ,000,000.
Valuation Cap means $12,000,000.00.
Valuation Cap means USD $120,000,000.00;
Valuation Cap means $60,000,000.
Valuation Cap means [ ] (if no number is included, then no Valuation Cap shall apply).
Valuation Cap has the meaning given to it in paragraph 9. In this Agreement, unless otherwise specified:
Valuation Cap. – means the applied value of the capital stock of the Company when determining the per share price for holders of SAFE Notes in the event of a future Non-Voting Common Stock financing.