Conversion Price

Conversion Price. The conversion price shall be equal to the per share price attributable to the Company's Common Stock in a Qualified Financing, or if no Qualified Financing shall have been consummated, the per share price in the Fundamental Transaction as determined in good faith by the Board of Directors of the Company (the "Conversion Price").

Conversion Price. Shall have the meaning ascribed to such term in the PubCo Senior Secured Convertible Debenture.

Conversion Price. Shall mean: (i) with respect to a conversion pursuant to Section 2.2(a) or 2.2(b) the VWAP for the Conversion Shares as reported on the Trading Market on the Trading Day on the last trading day prior to the date of conversion; and (ii) with respect to a conversion pursuant to Section 2.2(c) below, the VWAP for the Conversion Shares as reported on the Trading Market on the last trading day prior to the public announcement of the execution of the definitive documents with respect to the... Corporate Transaction. View More

Conversion Price. (i) an amount that is equal to the price per share of the Company's most senior series of Preferred Stock issued to investors in the Company' next equity financing following the date hereof, provided, that, if no subsequent equity financing resulting in the issuance of Preferred Stock occurs after the date hereof, then (ii) 41.3104.

Conversion Price. Will mean that as set forth in Section ‎4(a) hereof.

Conversion Price. Means the price per share for the Company's Common Stock determined by reference to the purchase price payable in connection with such Business Combination, multiplied by the Discount Rate, where the price per share of the Common Stock is determined by reference to the 30-day volume weighted average price of the Surviving Company Securities on the Public Exchange immediately prior to conversion and the exchange ratio (the "Exchange Ratio") used in the Business Combination.

Conversion Price. Means the per share closing price of the Common Stock on the Principal Market as of the immediately preceding Trading Day.

Conversion Price. Means (rounded to the nearest 1/100th of one cent) (i) with respect to a conversion pursuant to Section 3(a), the public offering price per share of the Common Stock in such Initial Public Offering (before underwriting discounts and commissions (in the case of an underwritten initial public offering)); (ii) with respect to a conversion pursuant to Section 3(b), the closing price (which in the case of NASDAQ-listed securities, will be the NASDAQ official closing price) of the Listed Securities... as of the Trading Day immediately prior to the date that such de-SPAC Transaction or Reverse Public Merger, as applicable, is consummated (subject to adjustment for any subsequent reverse stock split, stock split, stock dividend, or the like effected prior to consummation of the de-SPAC Transaction or Reverse Public Merger); (iii) with respect to a conversion upon consummation of a Corporate Transaction pursuant to Section 3(c), the price per share payable per share of Common Stock in such Corporate Transaction (after giving effect to the issuance of the aggregate number of shares of Common Stock issuable upon conversion of all of the Notes at such Conversion Price); and (iv) with respect to a conversion upon consummation of a Qualified Equity Financing pursuant to Section 3(c), the effective price per share of Common Stock as determined based on the per-share price paid for the Equity Securities sold in such Qualified Equity Financing. View More

Conversion Price. Means, as of any Conversion Date or other date of determination, $0.05, subject to adjustment as provided herein.

Conversion Price. (in each case rounded to the nearest 1/100th of one cent): (a) if this Note is converted pursuant to Section 5.1, $5.00 per share; (b) if this Note is converted pursuant to Section 5.2, the price per share equal to the product of the price per Equity Security sold in the Next Equity Financing multiplied by eighty percent (80%); or (c) if this Note is converted pursuant to Section 5.3, the lesser of (i) the Corporate Transaction Price or (ii) the quotient resulting from dividing (x)... the Valuation Cap by (y) the fully diluted capitalization immediately prior to the closing of the Corporate Transaction. View More