Item 2. Unregistered Sales of Equity Securities
ITEM
2. Unregistered Sales of Equity Securities and Use of Proceeds
Recent
Unregistered Sales of Equity Securities
During
the three months ended June 30, 2024, we issued 19,390 shares of common stock upon the exercise of previously issued warrants as follows:
●
18,209
shares were issued pursuant to the exercise of warrants at an exercise price of $9.50 per share, resulting in cash proceeds of approximately
$173,000; and
●
1,181
shares were issued pursuant to the exercise of 3,158 warrants in a cashless exercise whereby 1,977 shares with a value of $15.18
per share were used to settle the exercise price and the remaining 1,181 shares were issued to the warrant holders.
The
shares were issued pursuant to an exemption from registration under Section 4(a)(2) of the Securities Act.
Issuer
Purchases of Equity Securities
None
ITEM
3. Defaults Upon Senior Securities
None.
ITEM
4. Mine Safety Disclosures
None.
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