Next Equity Financing

Example Definitions of "Next Equity Financing"
Next Equity Financing. The sale (or series of related sales) by the Borrower of Equity Securities in one or more bona fide offerings to third parties relying on Section 4(a)(2) of the Securities Act or Regulation D thereunder for exemption from the registration requirements of Section 5 of the Securities Act, which sale or series of related sales yields aggregate gross proceeds to the Borrower of not less than Ten Million Dollars ($10,000,000), excluding, for the avoidance of doubt, the Convertible Amount (except to... the extent such Convertible Amount is utilized in respect of the Lender's entitlement, if applicable, to participate in a Next Equity Financing pursuant to Section 6(b)(i) hereof) and any proceeds from the exercise of warrants issued by the Borrower to the Lender. View More
Next Equity Financing. The next sale (or series of related sales) by the Company of its Equity Securities following the date of this Agreement, in one or more offerings relying on Section 4(a)(2) of the Securities Act or Regulation D thereunder for exemption from the registration requirements of Section 5 of the Securities Act, from which the Company receives purchase commitments of not less than $5 million and actual gross cash proceeds at an initial closing of not less than $3 million (not including the aggregate... principal amount of any Notes that convert into such Equity Securities) View More
Next Equity Financing. Has the meaning ascribed to it in the Note.
Next Equity Financing. The next sale (or series of related sales) by the Company of its Common Stock following the date of issuance of this SAFE, in one or more offerings relying on Section 4(a)(2) of the Securities Act or Regulation D thereunder for exemption from the registration requirements of Section 5 of the Securities Act, or pursuant to an effective registration statement filed under the Securities Act, from which the Company receives gross proceeds of not less than US$500,000.
Next Equity Financing. The next sale by the Company of its Equity Securities following the date of issuance of this SAFE that is supported by the Company’s Secured Lender
All Definitions