PIPE Offering definition

PIPE Offering means the private investment offering consummated by the Company in connection with the Merger.

PIPE Offering means a private placement offering by the Company of shares of its Common Stock primarily for working capital purposes that is consummated after the filing of a Form 10 registration statement by the Company with the SEC and before the Trading Date and in connection with which the Company agrees to use its reasonable best efforts to file, in a defined period following such offering, a resale registration statement registering such shares.

PIPE Offering means the transactions contemplated by the amended and restated securities purchase agreement dated September 15, 2021 between Communications Systems and the PIPE Investors that are the purchasers party to the securities purchase agreement pursuant to which CSI has agreed to sell and the PIPE Investors have agreed to purchase $32.0 million in newly authorized CSI Series A convertible preferred stock convertible at a price of $3.40 per share into CSI common stock, with five-year warrants to purchase an additional $32.0 million of common shares at that same price.

Examples of PIPE Offering in a sentence

• Increase the programmatic, financial and social sustainability of local health programs.As a key partner in activities to support the SO, PCI agreed to extend services in maternal health, child survival, reproductive health and family planning, as well as community and household prevention activities in the geographic areas noted above.

• The Company shall at all times reserve and keep available out of its authorized and unissued capital stock, solely for the purpose of providing for the exercise of the conversion rights provided for under the Note and Warrant, such number of shares of Common Stock and other securities as may be issued in the PIPE Offering, as shall, from time to time, be sufficient for issuance upon conversion of such Note and Warrant in full.

• The Company has reserved from its duly authorized capital stock such number of securities for issuance of upon conversion or exercise of the Note and Warrant, as applicable, as well as any securities issuable in the PIPE Offering.

• The Principal Amount outstanding hereunder shall be payable in cash on the earlier of (a) six (6) months from the date hereof and (b) the closing date of the PIPE Offering (such earlier date being the “Maturity Date”).

• Any proposed Optional Redemption shall be, at the option of the Company, (i) in cash (a “Repayment in Cash”) or (ii) for a period of six months following the closing of the PIPE Offering, in kind by the transfer of ownership of Collateral with a fair market value (the “Fair Market Value”) equal to the amount being repaid (a “Repayment in Kind”).

More Definitions of PIPE Offering

PIPE Offering means the issuance by the Borrower prior to the Closing Date of equity securities to a group of private investors and Energy Transfer Equity, L.P. in a private investment in public equity offering.

PIPE Offering means a private placement offering by the Company of shares of its Common Stock or Preferred Stock, in each case, at a price per share not less than $3.40, primarily for working capital purposes that is consummated in connection with which the Company agrees to use its reasonable best efforts to file, in a defined period following such offering, a resale registration statement registering such shares.

PIPE Offering means the Company’s offering of $10,000,000 of Units, comprised of $10,000,000 of 10% Subordinated Notes and Warrants to Purchase 1,500,000 shares of Common Stock, as described in the Company’s Confidential Private Placement Memorandum dated July 2009.

PIPE Offering means that certain securities offering of February 6, 2001 pursuant to which one million seven hundred ten thousand (1,710,000) of BORROWER'S common shares were sold in a private placement under the Securities Act of 1933, the net proceeds of which were Twenty-Eight Million Seven Hundred Six Thousand DOLLARS ($28,706,000). The term "long term indebtedness" as used in this definition shall include, but not be limited to, those items shown on Schedule 1.01C.

PIPE Offering means shares of Common Stock issued to investors in a private placement financing transaction with net proceeds to the Company of at least $7,500,000, of which $5,000,000 is applied to reduce the indebtedness under the Credit Agreement, and which include registration rights with respect thereto.

PIPE Offering has the meaning assigned thereto in the Securities Purchase Agreement.

PIPE Offering has the meaning set forth in the Recitals.