Proceeds of the IPO Sample Clauses
The 'Proceeds of the IPO' clause defines how the funds raised from an initial public offering (IPO) are to be managed and allocated. Typically, this clause specifies the intended uses of the IPO proceeds, such as repaying debt, funding expansion, or supporting general corporate purposes, and may outline any restrictions or priorities for their application. Its core practical function is to provide transparency and assurance to investors and stakeholders regarding the company's plans for the capital raised, thereby reducing uncertainty and aligning expectations.
Proceeds of the IPO. The IPO will be both a primary and secondary offering of Class A Common Stock, and the net proceeds of the IPO will be retained by the Corporation and the participating selling stockholders as described in the Prospectus.
Proceeds of the IPO. The IPO shall be effected to permit the Equity Underwriters to sell all or a portion of the Class A Common Stock that the Debt-for-Equity Exchange Parties receive in the Debt-for-Equity Exchange. Accordingly, the Debt-for-Equity Exchange Parties will receive any cash proceeds from such sale of Class A Common Stock in the IPO.
Proceeds of the IPO. The IPO will be a primary offering of ATL Common Stock and the net proceeds of the IPO will be retained by ATL, subject to its obligation to pay certain amounts to Odetics pursuant to the Note.
Proceeds of the IPO. The IPO will be a primary offering of uBid Common Stock and the net proceeds of the IPO will be retained by uBid.
Proceeds of the IPO. The IPO shall be effected to permit the Underwriters to sell all or a portion of the SunCoke Common Stock that the Debt Exchange Parties receive in the Exchange, and, accordingly, the Debt Exchange Parties will receive any cash proceeds from such sale of SunCoke Common Stock in the IPO.
Proceeds of the IPO. Except as may be otherwise agreed by the parties, the IPO will be a primary offering of Verigy Ordinary Shares, and the net proceeds of the IPO will be used as described in the IPO Registration Statement in the section entitled "Use of Proceeds".
Proceeds of the IPO. The IPO will be a primary offering of Lucent Common Stock and the net proceeds of the IPO will be retained by Lucent.
Proceeds of the IPO. The IPO will be a primary offering of common stock of Agilent. All of the IPO Net Proceeds will be distributed to HP by means of a dividend declared prior to the IPO, which IPO Net Proceeds HP ultimately intends to use to satisfy obligations to creditors or to repurchase shares of HP common stock within twelve (12) months following the IPO Closing Date.
Proceeds of the IPO. The IPO will be a primary offering of eCOST Common Stock, and eCOST shall use the net proceeds of the IPO in the manner described in the Registration Statement.
Proceeds of the IPO. The IPO will be a primary offering of PFSweb Common Stock and the net proceeds of the IPO will be retained by PFSweb, subject to the payments to be made under the Separation Agreement.