Conversion Price

Conversion Price. The greater of (i) $3.33 and (ii) the 30-Trading Day trailing VWAP ending on the and including the date on which this Note is converted

Conversion Price. Shall mean the lesser of (1) $10.00 and (2) 80% of the price paid per share (a) for Subsequent Round Securities by the cash investors in the Qualified Equity Financing (the "Discount Price"), or (b) set forth in the definitive agreement(s) approved by the Company and the Company's stockholders in connection with such Change of Control; provided, however, in the event Subsequent Round Securities are sold at different prices, the Discount Price shall equal 80% of the weighted average sale price... determined by dividing (x) the gross proceeds raised in the Qualified Equity Financing on or prior to the date that the Note Obligations are converted into Conversion Securities in accordance with the terms of Section 6; by (y) the total number of Subsequent Round Securities sold to raise such gross proceeds and provided further, that if the price is not set forth in the definitive agreement(s) referred to above, then such price shall be the Closing Bid Price or Closing Sales Price on the closing date of such transaction View More

Conversion Price. $1.00 per share of Common Stock

Conversion Price. As of any Conversion Date or other date of determination, US$13.50, subject to adjustment as provided herein

Conversion Price. Means: (a) if the conversion is in connection with a New Financing under Section 5.1, then the Conversion Price shall be an amount equal to the product of (i) the per share selling price of shares of that stock issued in the New Financing and (ii) 0.90; (b) if the conversion is in connection with a QIPO under Section 5.2, then the Conversion Price shall be an amount equal to the product of (i) the price per share to the public of shares of Common Stock sold in the QIPO and (ii) 0.90; (c) if the... conversion is in connection with a DeSPAC Transaction under Section 5.2, then the Conversion Price shall be an amount equal to the product of (i) the price per share of the shares of capital stock of the DeSPAC Entity issued in a private placement in conjunction with the DeSPAC Transaction and (ii) 0.90; or (d) if the conversion is in connection with a Change of Control under Section 5.3 or a Maturity Date Optional Conversion under Section 5.4, then the Conversion Price shall be an amount equal to the Series D Original Issue Price. The Conversion Price is subject to adjustment as provided in Section 6 herein. View More

Conversion Price. $1.75 per share for the Common Shares, subject to adjustment as provided herein

Conversion Price. (a) in the case of a conversion pursuant to Section 6.1 in connection with the Next Financing, an amount equal to the lower of (i) 80% of the lowest per-share selling price of such Conversion Stock sold by the Company at the Next Financing or (ii) the implied per share price determined by dividing $60,000,000 by the total number of Common Stock Equivalents immediately prior to Next Financing Closing, (b) in the case of a conversion pursuant to Section 6.2.1 in connection with a Non-Qualified... Financing, an amount equal to the lowest per share selling price of Nonqualified Preferred Stock sold by the Company for new cash investment in the Non-Qualified Financing, (c) in the case of a conversion pursuant to Section 6.2.2 upon the Maturity Date, an amount equal to the implied per share price determined by dividing $60,000,000 by the total number of Common Stock Equivalents as of the Maturity Date, (d) in the case of a conversion pursuant to Section 6.2.3 in the connection with the Change of Control, an amount equal to the implied per share price determined by dividing $60,000,000 by the total number of Common Stock Equivalents immediately prior to such Change of Control and (e) in the case of a conversion pursuant to Section 6.2.4 in connection with the IPO, an amount equal to the lower of (i) 80% of the lowest per-share selling price of such Conversion Stock sold by the Company in the IPO or (ii) the implied per share price determined by dividing $60,000,000 by the total number of Common Stock Equivalents immediately prior to closing of the IPO. The Conversion Price is subject to adjustment as provided herein. View More

Conversion Price. $0.70, as adjusted ratably for any combinations or divisions (including any reverse split) of the Common Stock effected after date hereof and prior to the Exchange (as defined below)

Conversion Price. As of any date, $1,000 divided by the Conversion Rate as of such date

Conversion Price. (subject in all cases to proportionate adjustment for stock splits, stock dividends, and similar transactions), (i) in the case of an Optional Conversion, 75% of the volume weighted average price of the Common Stock for the 5 trading days prior to the Conversion Date, (ii) in the case of an Automatic Conversion under Section 3.1(b)(i), 75% of the volume weighted average price of the Common Stock for the 20 trading days prior to the Conversion Date, (iii) in the case of an Automatic Conversion... under Section 3.1(b)(ii), 75% of the price per share of Common Stock (or conversion price per share in the event of the sale of Common Stock Equivalents) sold in the Qualified Financing. View More