Qualified IPO

Qualified IPO. Shall mean a firm commitment underwritten public offering of shares of Common Stock of the Company at a per share price not less than $7.00 per share (as appropriately adjusted for stock splits, dividends, reclassifications, etc.) and for total net proceeds (after deduction of Selling Expenses) of at least $50 million.

Qualified IPO. Means a bona fide public offering of the Company's Common Stock on either The NASDAQ Global Market, the New York Stock Exchange or another major stock exchange that results in gross proceeds to the Company of at least $50 million.

Qualified IPO. The Company's first Public Offering underwritten by an approved underwriter that is effected pursuant to a registration statement filed with, and declared effective by, the SEC under the Securities Act which results in net cash proceeds to the Company or any security holder of the Company of at least Fifty Million Dollars ($50,000,000).

Qualified IPO. Means the closing of the sale of shares of Common Stock in a firm commitment underwritten public offering pursuant to an effective registration statement under the Securities Act, in which the gross aggregate cash proceeds to the Company (before deduction of underwriting discount, commissions and expenses of sale) are at least $50,000,000.

Qualified IPO. An IPO with gross cash proceeds to the Company of not less than US$85,000,000.00 and a per share offering price of at least US$4.00 (as adjusted for Recapitalizations and prior to underwriting commission and expense) and a pre-offering valuation of the Company of at least US$450,000,000 (calculated as the offering price to the public multiplied by the number of Ordinary Shares outstanding immediately following the offering, on a fully diluted basis) and in connection with which the Company has... satisfied the listing requirements of an internationally recognized stock exchange or quotation system View More

Qualified IPO. For purposes of this Agreement, the term "Qualified IPO" shall mean a bona fide, firmly underwritten public offering of shares of Common Stock of the Company at a public offering price which was not less than $3.15 per share (as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations or the like) and greater than $30,000,000 in the aggregate.

Qualified IPO. The Company's firmly underwritten public offering of the Company's shares of Common Stock in connection with which all outstanding shares of Preferred Stock of the Company are converted to Common Stock

Qualified IPO. Shall mean the first firm commitment underwritten registered public offering by the Company of its Ordinary Shares for its own account that results in such securities being listed or registered on an internationally recognized stock exchange; provided that (i) such offering results in gross cash proceeds to the Company (before underwriting discounts, commissions and fees) of at least US$100,000,000 and (ii) the market capitalization of the Company immediately prior to such public offering... (determined based on the per share value equal to the minimum amount of the price range set forth in the preliminary prospectus with respect to such offering) is at least US$600,000,000. View More

Qualified IPO. The consummation of one or more underwritten public offerings of the Company's Common Stock which results in aggregate gross proceeds to the sellers in such offerings of not less than U.S. $30,000,000 (excluding proceeds received in such offerings from "affiliates" of the Company, within the meaning of Rule 12b-2 of SEC under the 1934 Act (other than any holder of Notes) or the ESOP) and pursuant to which the Company obtains a listing for its shares on a United States national securities... exchange, the Nasdaq Market System, or an automated quotation system of nationally recognized standing View More

Qualified IPO. Means an initial underwritten public offering by the Company of its Shares pursuant to an effective registration statement under the US Securities Act of 1933, as amended or any equivalent law of another jurisdiction including the Israeli law (pertaining to public offering at TASE) at a Company valuation of at least US$25,000,000 (Twenty Five Million Dollars);