Next Equity Financing

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