Qualifying IPO

Example Definitions of "Qualifying IPO"
Qualifying IPO. Means the sale in an underwritten initial public offering registered under the Securities Act of shares of Common Stock of the Company.
Qualifying IPO. Means the sale in an underwritten initial public offering registered under the Securities Act of shares of Common Stock common equity securities of the Company.
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Qualifying IPO. Means the sale in an underwritten initial public offering registered under the Securities Act of shares of common equity securities of the Company which results in the listing of shares of equity securities of the Company on the New York Stock Exchange or the Nasdaq Stock Market Inc. National Market System or on another exchange in an Approved Jurisdiction (it being understood that an Approved Jurisdiction means any member nation of the European Union).
Qualifying IPO. An initial public offering of the Company (a) in which not more than 40% of the value (as of the IPO Effective Date calculated by reference to the IPO Price) of all issued and outstanding common shares (of all classes, treated as a single class) of the Company are sold; (b) if immediately following such initial public offering and the application of the net proceeds thereof, common shares (of all classes, treated as a single class) of the Company having not less than 55% of the value (as of the... IPO Effective Date calculated by reference to the IPO Price) of all issued and outstanding common shares (of all classes treated as a single class) of the Company are held (directly or indirectly) by the Parent, free and clear of all liens, other than liens in favor of the lenders under the Convertible Facility and subordinated liens in favor of Value City Department Stores, LLC (which liens shall automatically be released by the terms of the relevant documentation to the extent necessary to permit an exercise by the holders of the Warrants or the Conversion Warrants for Common Shares if such holders so elect); (c) in which the sale price of the shares of Class A Common Shares of the Company sold in the initial public offering shall reflect the fair market value of such Common Shares at the time of the initial public offering as determined in good faith by the Board of Directors of Parent; (d) from which the net proceeds are sufficient to repay in full all obligations outstanding under the Financing Agreement and $25,000,000 of the principal amount under the Convertible Facility; and (e) which is consummated on or prior to December 31, 2005. View More
Qualifying IPO. Shall have the meaning set forth in the Restated Certificate; provided that the offering price per share must be not less than the Warrant Price (as adjusted pursuant to Section 3 and in effect immediately prior to such offering) to constitute a Qualifying IPO for purposes of Section 3.1 hereof.
Qualifying IPO. The closing of a firm commitment underwritten public offering pursuant to an effective Registration Statement under the Securities Act covering the offer and sale of Common Stock for the account of the Company to the public with aggregate proceeds to the Company of not less than $50,000,000 (before deduction for underwriters commissions and expenses) and a per share price not less than $10.00 per share (equitably adjusted for any stock splits, subdivisions, stock dividends, changes,... combinations or the like) View More
Qualifying IPO. A firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933, as amended, on the NASDAQ Global Market, the NASDAQ Capital Market or the New York Stock Exchange, at a per share price of not less than $6.50 (as adjusted for any stock dividends, combinations, splits, recapitalizations and the like with respect to such shares after the filing date of the Company's Third Amended and Restated Certificate of Incorporation) and... resulting in at least $50,000,000 of gross proceeds, prior to underwriting discounts, commissions and expenses, to the Company View More
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