20 unchanged sentences
Effective, February 15, 2019, The Company’s Common Stock began trading on the NASDAQ Capital Market.
−Removed: On January 6, 2021, the Company received a notice of deficiency related to Nasdaq’s required annual shareholder meeting standards which was cleared on April 26, 2021.
Recent Sales of Unregistered Securities.
8 unchanged sentences
Based on an analysis of the above factors, we believe we have met the requirements to qualify for exemption under section 4(a)(2) of the Securities Act of 1933 for this transaction.
−Removed: On March 17, 2021, 425,000 of restricted common shares were sold.
−Removed: Gross proceeds to the Company amounted to $1,275,000.
−Removed: On June 9, 2021, the Company issued 8,600,000 shares of Class A Common Stock.
−Removed: Net proceeds to the Company after offering expenses amounted to $27,943,000.
During 2022, the Company issued 1,587,916 share of Class A Common Stock pursuant to warrant conversions.
2 unchanged sentences
During 2022, the Company re-purchased 86,410 shares of Class A Common Stock pursuant to stock re-purchase program.
−Removed: During 2022, the Company issued 1,587,916 share of Class A Common Stock pursuant to warrant conversions.
During 2023, the Company issued 9,420,230 shares of Class A Common Stock pursuant to debt conversions.
−Removed: During 2022, the Company issued 137,250 shares of Class A Common Stock pursuant to various consulting arrangements.
+Added: During 2023, the Company issued 49,020 shares of Class A Common Stock pursuant to consulting arrangements.
During 2023, the Company re-purchased 86,410 shares of Class A Common Stock pursuant to stock re-purchase program.
37 unchanged sentences
OPTIONS AND WARRANTS
−Removed: On June 18, 2020, the Board issued a total of 750,000 options to 2 employees of the Company under the 2018 Plan.
−Removed: The options have an expiration date of June 17, 2027 and have an exercise price of $2.630.
−Removed: The options vested equally over the course of seven years, subject to restrictions regarding the employee’s continued employment by the Company.
−Removed: On July 16, 2020, the Board issued a total of 50,000 options to a director of the Company under the 2018 Plan as amended.
−Removed: The options have an expiration date of March 15, 2021 and vest immediately.
−Removed: On November 23, 2020, the Board issued a total of 302,439 options to 3 employees and 4 directors.
−Removed: The options have an expiration of November 22, 2027 and vest immediately.
−Removed: On January 26, 2021, the Company issued Common Stock Purchase Warrant “A-10” for rare earth capture advisory.
−Removed: The warrant provides the option to purchase 10,000 Class A Common Shares at a price of $2.05.
−Removed: The warrants expire on January 26, 2024.
−Removed: On February 2, 2021, the Company issued Common Stock Purchase Warrant “C-37” in conjunction with the issuance of $600,000 convertible note.
−Removed: The warrant provides the option to purchase 60,000 Class A Common Shares at a price of $1.50.
−Removed: The warrants expire on February 2, 2023.
−Removed: On February 7, 2021, the Company issued Common Stock Purchase Warrant “A-11” for rare earth processing advisory.
−Removed: The warrant provides the option to purchase 50,000 Class A Common Shares at a price of $4.25.
−Removed: The warrants expire on February 7, 2026.
−Removed: On March 11, 2021, the Company issued Common Stock Purchase Warrant “C-38” in conjunction with a restricted stock purchase.
−Removed: The warrant provides the option to purchase 42,500 Class A Common Shares at a price of $5.00.
−Removed: The warrants expire on March 11, 2023.
−Removed: On March 12, 2021, the Company issued Common Stock Purchase Warrant “C-39” in conjunction with a restricted stock purchase.
−Removed: The warrant provides the option to purchase 42,500 Class A Common Shares at a price of $5.00.
−Removed: The warrants expire on March 12, 2023.
−Removed: On March 15, 2021, the Company issued Common Stock Purchase Warrant “C-39” in conjunction with consulting services.
−Removed: The warrant provides the option to purchase 75,000 Class A Common Shares at a price of $4.59.
−Removed: The warrants expire on March 15, 2026.
−Removed: On March 16, 2021, the Company issued Common Stock Purchase Warrant “C-40” in conjunction with a restricted stock purchase.
−Removed: The warrant provides the option to purchase 21,250 Class A Common Shares at a price of $5.00.
−Removed: The warrants expire on March 16, 2023.
−Removed: On June 9, 2021, the Company issued Common Stock Purchase Warrant “C-38” in conjunction with a common stock offering.
−Removed: The warrant provides the option to purchase 2,150,000 Class A Common Shares at a price of $3.50.
−Removed: The warrants expire on June 9, 2026.
−Removed: On June 9, 2021, the Company issued Common Stock Purchase Warrant “C-39” in conjunction with a common stock offering.
−Removed: The warrant provides the option to purchase 2,150,000 Class A Common Shares at a price of $3.50.
−Removed: The warrants expire on June 9, 2026.
−Removed: On July 20, 2021, the Company issued 150,000 Employee Stock options under the current plan.
−Removed: The options vest over their 7-year life.
−Removed: On September 3, 2021, the Company issued 100,000 Employee Stock options under the current plan.
−Removed: The options vest over their 7-year life.
−Removed: During December 2021, the Company issued 1,020,000 Employee Stock options under the current plan.
−Removed: The individual option awards vest over a period of 1 to 9 years.
During July and September 2022, the Company issued 2,675,000 Employee Stock options under the current plan.
10 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.