Major Investor
Major Investor. Means any Investor that, individually or together with such Investor's Affiliates, holds at least 1,207,859 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof). Notwithstanding the foregoing, Novartis Institutes for Biomedical Research, Inc. ("Novartis") shall cease to be a Major Investor at such time as Novartis, individually or together with its Affiliates, holds less than...
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Found in
Third Harmonic Bio, Inc. contract
Major Investor. Means (a) prior to the Second Tranche Closing (as defined in the Purchase Agreement), any Investor that, individually or together with such Investor's Affiliates, holds at least 2,815,507 shares of Preferred Stock (or an equivalent number of shares of Common Stock issued upon conversion of the Preferred Stock, but excluding Common Stock issued upon conversion of the Preferred Stock pursuant to the "Special Mandatory Conversion" provisions of the Restated Certificate), (b) immediately following...
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Major Investor. Each Investor that is purchasing at least $250,000 in principal amount of Notes at the First Closing
Found in
APRICUS BIOSCIENCES, INC. contract
Major Investor. Means Pacific Continental Insurance Co., Shining, Bessemer Ventures, Wahoowa Ventures LLC, 15 Angels II LLC, GoBlue Ventures, LLC, CrossCut Ventures 2, L.P., Kukac Limited, CJF, Kestrel Flight Fund LLC and Thomas Wetherald, and for purposes of Sections 3.1 and 3.2 only, Guild Capital – Club W LLC, in each case, for so long as each of such Investors (together with its Affiliates) continues to hold at least fifty percent (50.0%) of the shares of Preferred Stock held by such Investor (together...
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Found in
Winc, Inc. contract
Major Investor. Means (i) Bessemer Venture Partners IX, L.P., Bessemer Venture Partners IX Institutional L.P., Bessemer Venture Partners Century Fund L.P., Bessemer Venture Partners Century Fund Institutional L.P. and any of their Affiliates that own Preferred Stock (together, "Bessemer Venture Partners"), for so long as such entities own, in the aggregate, at least 20% of the shares of Preferred Stock owned by such entities in the aggregate at the Initial Closing (as defined in the Purchase Agreement); (ii)...
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Found in
Toast, Inc. contract
Major Investor. Means (i) any Investor that, individually or together with such Investor's Affiliates, holds at least 1,500,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof) and (ii) for so long as [Corporate Stockholder]and its Affiliates collectively hold at least 1,480,079 shares of the Company's Founder Series Preferred Stock (as adjusted for any stock split, stock dividend,...
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Found in
iBio, Inc. contract
Major Investor. Means any Investor that, together with its Affiliates, has agreed to a Subscription Amount of $30 million or more.
Found in
Rafael Holdings, Inc. contract
Major Investor. Means any Investor that, individually or together with such Investor's Affiliates, holds shares representing an investment of at least $100,000 in the Preferred Stock
Found in
COGNITION THERAPEUTICS INC contract
Major Investor. Any Investor that, individually or together with such Investor's Affiliates, holds at least 750,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof), (b) Blackwell Partners LLC – Series A for so long as Blackwell Partners LLC – Series A, individually or together with its Affiliates, holds at least 100,000 shares of Registrable Securities (as adjusted for any stock split,...
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Eliem Therapeutics, Inc. contract
Major Investor. Any Investor that, individually or together with such Investor's Affiliates, holds at least $4,999,990 of shares of Registrable Securities, based on the original purchase prices of such securities, and solely for purposes of Section 4 hereof, University of Washington ('UW').
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Found in
Icosavax, Inc. contract