definiens: means [COMPANY] ’s securities on the same terms and conditions issued to [COMPANY] ’s institutional investors ( includingall the same rights, preferences and privileges including anti - dilution rights ) in the most recent venture capital financing prior to the applicable [ * * * ] Certain information in this document has been excluded pursuant to Regulation S - K, Item 601(b)(10 ) . Such excluded information is notmaterial and would likely cause competitive harm to the registrant if publicly disclosed.payment due with net proceeds to [COMPANY] of at least $ [ * * * ] . [COMPANY] Securities includes ( A ) common shares or any other security ofDynacure that carries the residual right to participate in the earnings of [COMPANY] and, on liquidation, dissolution or winding - up, in the assetsof [COMPANY], whether or not the security carries voting rights ; ( B ) any warrants, options or rights entitling the holders thereof to purchase oracquire any such common shares or other securities ; or ( C ) any securities issued by [COMPANY] which are convertible or exchangeable intosuch common shares or other securities