Qualified Financing

Qualified Financing. A fundraising by the Company, other than in connection with the sale of notes on substantially similar terms as this Note, after the date of this Note, for the principal purpose of raising capital.

Qualified Financing. Shall mean the initial closing of an equity financing of $50.0 million or more, excluding the aggregate principal and accrued interest of any indebtedness converted into securities in such financing, and with a price per share of at least the Series F original issue price, as adjusted for recapitalizations and the like.

Qualified Financing. Means the Company's next financing occurring during the Exercise Period, in which the Company raises $10,000,000 or more in cash (excluding amounts received upon exercise of Warrants) through the sale and issuance of Common Stock in a private offering of securities. Notwithstanding the foregoing, a Qualified Financing shall not include an equity financing that is made for non-cash consideration.

Qualified Financing. Means the earliest to occur of the completion of the sale and issuance of the Company's preferred stock, whether pursuant to the Stock Purchase Agreement or otherwise, that results in the aggregate amount of gross proceeds received from all sales of preferred stock completed by the Company since its incorporation (including, for the avoidance of doubt, all sales of preferred stock in connection with any extensions and add-ons to Series A financing, whether or not contemplated as of the date... hereof) to equal or exceed $149,300,000 (excluding the principal and interest of any convertible notes converting into the Company's preferred stock in connection with such sale and issuance of such preferred stock). View More

Qualified Financing. Shall mean the first sale of equity to an unaffiliated party yielding gross proceeds to the Company of at least $500,000.

Qualified Financing. Means a financing in a single or a series of related transactions with the principal purpose of raising capital, pursuant to which the Company sells Preferred Stock to one or more cash purchasers for proceeds of not less than five million dollars ($5,000,000) in the aggregate (exclusive of any amounts converted under this Note and the other Notes and any other convertible notes or other monetary obligations which are converted in connection with the Qualified Financing, including the issuance... of Other Debt to Mastec (both as defined below)). View More

Qualified Financing. Means the sale by the Company of equity securities in a bona fide financing or bona fide financings following the date of this Agreement resulting in gross proceeds to the Company, in the aggregate, of at least $2,000,000 (not including, for purposes of such calculation, the conversion of any Convertible Notes into Next Equity Securities or the conversion of any other convertible securities), which is primarily for investment purposes and not made primarily in connection with a... strategic arrangement. View More

Qualified Financing. Means a Qualified Debt Financing or a Qualified Equity Financing.

Qualified Financing. Means a private placement by the Company of its Equity Securities to one or more accredited investors (a majority of which (by dollars invested) are not affiliates of the Company or of any Holder) pursuant to which the Company receives gross proceeds of at least $10 million.

Qualified Financing. Means the Company's sale of its Common Stock in an initial public offering pursuant to a registration statement filed with and declared effective by the SEC and the listing of the Common Stock on a "national securities exchange" as defined in Section 6 of the Securities Exchange Act of 1934, as amended.