Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: On October 11, 2024, in connection with (i) a consulting agreement for
−Removed: services provided, and (ii) the agreements to extend the maturity dates of previously disclosed, outstanding notes payable, as well as
−Removed: the partial repayment of the principal of such notes payable, the Company issued, to unrelated and independent third parties, an aggregate
−Removed: of 1,988,086 shares of Common Stock in consideration for such agreement and the extensions and partial repayment of such notes payables.
−Removed: The issuance of all of such shares of Common Stock were without registration under the Securities Act of 1933, as amended (the “Securities
−Removed: Act”), pursuant to Section 4(a)(2) of the Securities Act.
+Added: unregistered sales of equity securities occurred during the quarter ended March 31, 2025 that were not previously reported.
+Added: April 10, 2025, the Company’s Board of Directors authorized a share repurchase program under which the Company may purchase up
+Added: to $1.0 million of its outstanding common stock.
+Added: As of March 31, 2025, the Company has not repurchased any of its outstanding common
Defaults Upon Senior Securities.
1 unchanged sentence
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.