Conversion Price

Example Definitions of "Conversion Price"
Conversion Price. Shall mean the lesser of (a) $1.275 and (b) eighty-three percent (83%) of the Average Closing Price. Notwithstanding the foregoing, the Conversion Price shall not be less than the minimum conversion price or, if applicable, adjustment price related to any financings in excess of US$1 million by the Company pursuant to which the Company issues securities that (i) are convertible into Common Stock or (ii) subject to reset and/or adjustment by issuance of Common Stock based on the... market price of Common Stock (the "Floor Price"). In no event shall the Floor Price be greater than $1.00. If the Company completes a subsequent financing of securities convertible into Common Stock at a price per share less than the Floor Price, the Floor Price with respect to any outstanding balance under the Debenture shall be readjusted to the lower price per share of Common Stock of such financing. View More Arrow
Conversion Price. Shall be _______ [TO BE INSERTED] as may be adjusted in accordance herewith.
Conversion Price. $___[the average Closing Price for the 24 Trading Days beginning on the 11th Trading Day prior to the giving of a Second Tranche Notice as contemplated by Section 2.3 of the Purchase Agreement]*, as adjusted pursuant to Section 15 hereof.
Conversion Price. Shall be 50% of the average of the Per Share Market Values during the three (3) Trading Days immediately preceding a Conversion Date; provided, however, that the Conversion Price shall not be lower than $1.00 per Share (subject to adjustment pursuant to Section 5 hereof), unless the Registration Statement is not declared effective one hundred twenty (120) days following the Closing Date, in which case the Conversion Price may be lower than $1.00 per Share (subject to adjustment pursuant to... Section 5 hereof), and shall not be higher than $2.00 per Share (subject to adjustment pursuant to Section 5 hereof). View More Arrow
Conversion Price. Means the lowest per share selling price of shares of Series A Preferred Stock.
Conversion Price. Shall be $0.759 per share of the Common Stock.
Conversion Price. Shall mean, initially, $8.75 per share of Class A Common Stock, subject to adjustment from time to time as set forth in Section 9.
Conversion Price. Means initially [.53566616], as such price may be subsequently adjusted as provided herein.
Conversion Price. Is $5.6644, subject to adjustment for stock splits, recombinations, stock dividends and the like.
Conversion Price. 125% of the average of the closing bid prices of Common Stock on The Nasdaq SmallCap Market (or if different, the principal trading market for the Company's Common Stock) for the thirty (30) consecutive trading days ending on the day prior to the Closing Date.
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