2 unchanged sentences
Issuances of Common Stock
−Removed: In June 2021, six holders of warrants to purchase common stock exercised warrants to purchase a total of 137,446 shares of common stock at an exercise price of $4.47 per share, for aggregate consideration of approximately $0.6 million.
−Removed: The issuance of such shares of common stock was exempt from registration under Section 4(a)(2) of the Securities Act (and Regulation D promulgated thereunder).
−Removed: Issuances of Preferred Stock
−Removed: In June 2021, we issued 7,908,027 shares of our Series B convertible preferred stock to 31 individual and institutional accredited investors for $3.80 per share, for aggregate consideration of $30.0 million.
−Removed: Also in June 2021, an accredited institutional investor exercised a warrant to purchase 447,426 shares of our Series A-1
−Removed: preferred stock at a per-share
−Removed: exercise price of $2.794 per share, for aggregate consideration of approximately $1.3 million.
−Removed: The issuance of such shares of Series A-1
−Removed: and Series B convertible preferred stock was exempt from registration under Section 4(a)(2) of the Securities Act (and Regulation D promulgated thereunder).
−Removed: Issuances Pursuant to our Equity Plan
−Removed: On June 30, 2021, we issued options to purchase an aggregate of 183,423 shares of common stock at an exercise price equal to the initial public offering price of $16.00 per share.
−Removed: The recipients of these securities were employees, directors or bona fide consultants of the Company and received the securities under the 2021 Equity Incentive Plan.
−Removed: The issuance of such options was exempt from registration under Rule 701 promulgated under Section 3(b) of the Securities Act.
+Added: On July 6, 2021, upon the closing of our initial public offering, we issued 178,847 shares of our common stock upon the automatic net exercise of warrants to purchase 248,247 shares of our common stock.
+Added: The offer, sale, and issuance of these securities were deemed to be exempt from registration under Section 4(a)(2) of the Securities Act (and Regulation D promulgated thereunder) as transactions by an issuer not involving any public offering.
+Added: On July 6, 2021, upon the closing of our initial public offering, all shares of our then outstanding convertible preferred stock were automatically converted into 28,232,672 shares of common stock.
+Added: The issuance of such shares of common stock was exempt from registration under Section 3(a)(9) of the Securities Act.
+Added: In September 2021, a holder of options to purchase common stock exercised options to purchase a total of 2,236 shares of common stock at an exercise price of $0.7152 per share, for aggregate consideration less than $0.1 million.
+Added: These issuances were exempt from registration under the Securities Act pursuant to the exemption provided in Rule 701 of the Securities Act.
(b) Use of Proceeds
14 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.