Valuation Cap means a pre-money valuation of US $27,500,000.
Valuation Cap means US$ ,000,000.
Valuation Cap means USD $120,000,000.00;
Examples of Valuation Cap in a sentence
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).
Either the Valuation Cap or the Discount Rate applies when converting this safe into shares of Safe Preferred Stock.
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.
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).
This is a safe with a negotiated Valuation Cap and Discount Rate.
More Definitions of Valuation Cap
Valuation Cap means $60,000,000.
Valuation Cap means [ ] (if no number is included, then no Valuation Cap shall apply).
Valuation Cap means $8,000,000.
Valuation Cap means $5,000,000.00.
Valuation Cap means $5,000,000.
Valuation Cap has the meaning given to it in paragraph 9. In this Agreement, unless otherwise specified:
Valuation Cap is $US7,000,000. The “Discount Rate” is 80%. See Section 2 for certain additional defined terms.