1 unchanged sentence
Recent Sales of Unregistered Equity
+Added: During the quarter ended
+Added: January 31, 2022, we issued 1,000,000 shares of Common Stock upon the exercise of stock options.
+Added: During the quarter ended January 31,
+Added: 2022, we issued 252,265 shares of Common Stock upon the conversion of $378,373 of principal and
+Added: accrued interest of a convertible promissory note previously issued.
Use of Proceeds from
Initial Public Offering
−Removed: On June 15, 2021, the Company issued and sold 2,875,000 shares of Common
−Removed: Stock in the IPO at a public offering price of $5.00 per share, resulting in net proceeds of $12.9 million after deducting underwriting
−Removed: discounts and commissions and offering expenses paid by the Company.
+Added: On June 15, 2021, the Company
+Added: issued and sold 2,875,000 shares of Common Stock in the IPO at a public offering price of $5.00 per share, resulting in net proceeds of
+Added: $12.9 million after deducting underwriting discounts and commissions and offering expenses paid by the Company.
There has been no material
1 unchanged sentence
the Securities Act with the SEC.
−Removed: As of October 31, 2021, we have used $3.4 million of the net proceeds from the IPO.
+Added: As of January 31, 2022, we have used $5.0 million of the net proceeds from the IPO.
DEFAULTS UPON SENIOR SECURITIES
2 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.