IPO Conversion Price

IPO Conversion Price. A price per share equal to 70% of the price per share (prior to underwriting discounts and commissions) of the Company's common stock sold in the Initial Public Offering -4-

IPO Conversion Price. Shall mean either (i) the average annual EBITDA for the two fiscal years ended immediately prior to the date the Registration Date TIMES the IPO Multiple, and that amount LESS the total consolidated Indebtedness of the NASDI Group and that amount times the percentage that the Berardi Shares being sold represent of the total issued and outstanding Shares; or (ii) in the event the Registration Date occurs prior to December 31, 2002, then the IPO Conversion Price shall be the value of the Berardi... Shares (without a discount for being non-voting, a minority interest or for saleability restrictions) determined by an investment banking firm, national accounting firm or appraisal firm with experience in the industry and mutually acceptable to GLD Corporation and the Former Owners (such value is referred to herein as "Appraisal Value"). In the event GLD Corporation and the Former Owners are unable to agree on a mutually satisfactory appraisal firm within twenty (20) days after the Registration Date then GLD Corporation's independent auditors shall select one of the five (5) firms listed on Exhibit B by random. View More

IPO Conversion Price. A price per share equal to 80% of the price per share paid by the other purchasers of the Common Stock sold in the IPO, provided, however, [February 2015 provision: that upon an election to extend the Maturity Date by a Majority in Interest of Investors pursuant to Section 1(b) hereof,][May 2015, June 2015 and July 2015 provision: if the IPO is consummated after December 31, 2015,] "IPO Conversion Price" shall mean a price per share equal to 70% of the price per share paid by the other... purchasers of the Common Stock sold in the IPO. View More