VWAP Definition Example

This example VWAP definition appears in 6 contracts from 1 company

VWAP. Means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market (or, if the Principal Market is not the principal trading market for such security, then on the principal securities exchange or securities market on which such security is then traded), during the period beginning at 9:30 a.m., New York time, and ending at 4:00 p.m., New York time, as reported by Quotestream or other similar quotation service provider designated by the... Holder through its "VAP" function (set to 09:30 start time and 16:00 end time) or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30 a.m., New York time, and ending at 4:00 p.m., New York time, as reported by Quotestream or other similar quotation service provider designated by the Holder, or, if no dollar volume-weighted average price is reported for such security by Quotestream or other similar quotation service provider designated by the Holder for such hours, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in The Pink Open Market (or a similar organization or agency succeeding to its functions of reporting prices). If the VWAP cannot be calculated for such security on such date on any of the foregoing bases, the VWAP of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 15. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, recapitalization or other similar transaction during such period. View More Arrow
Avalon GloboCare Corp. Contracts

First Warrant, dated May 23, 2023, between Avalon Globocare Corp. and Mast Hill Fund, L.P (Filed With SEC on May 26, 2023)

First Warrant, dated July 6, 2023, between Avalon Globocare Corp. and Firstfire Global Opportunities, LLC (Filed With SEC on July 10, 2023)

Second Warrant, dated July 6, 2023, between Avalon Globocare Corp. and Firstfire Global Opportunities, LLC (Filed With SEC on July 10, 2023)

First Warrant, dated October 9, 2023, between Avalon Globocare Corp. and Mast Hill Fund, L.P (Filed With SEC on October 13, 2023)

Second Warrant, dated October 9, 2023, between Avalon Globocare Corp. and Mast Hill Fund, L.P (Filed With SEC on October 13, 2023)

First Warrant, dated October 9, 2023, between Avalon Globocare Corp. and Firstfire Global Opportunities Fund, LLC (Filed With SEC on October 13, 2023)

All Definitions