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in this report, you should carefully consider the factors discussed in the section entitled “Risk Factors” in our 2021 Annual
−Removed: Report on Form 10-K, filed with the SEC, which are incorporated herein by reference.
−Removed: The risks described in such reports are not
−Removed: the only risks facing our Company.
−Removed: Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial
−Removed: also may materially adversely affect our business, financial condition and/or operating results.
+Added: Report on Form 10-K, filed with the SEC, which are incorporated herein by reference, as well as the additional risk factors set forth
+Added: The risks described in such reports are not the only risks facing our Company.
+Added: Additional risks and uncertainties not currently
+Added: known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating
+Added: We may be required to complete a reverse stock split to regain
+Added: compliance with Nasdaq listing rules and we cannot predict the effect that any reverse stock split will have on the market price for shares
+Added: of our common stock.
+Added: On February 18, 2022, we received a deficiency
+Added: letter from Nasdaq notifying us that for the last 30 consecutive business days the bid price for our common stock had closed below the
+Added: minimum $1.00 per share requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the
+Added: “Bid Price Rule”).
+Added: We have until February 13, 2023 to regain compliance with the Bid Price Rule.
+Added: We may complete a reverse stock split in order
+Added: to regain compliance with the Bid Price Rule.
+Added: We cannot predict the effect that a reverse stock split will have on the market price for
+Added: shares of our common stock, and the history of similar reverse stock splits for companies in like circumstances has varied.
+Added: Some investors
+Added: may have a negative view of a reverse stock split.
+Added: Even if a reverse stock split has a positive effect on the market price for shares
+Added: of our common stock, performance of our business and financial results, general economic conditions and the market perception of our business,
+Added: and other adverse factors which may not be in our control could lead to a decrease in the price of our common stock following the reverse
+Added: Furthermore, even if the reverse stock split does
+Added: result in an increased market price per share of our common stock, the market price per share following the reverse stock split may not
+Added: increase in proportion to the reduction of the number of shares of our common stock outstanding before the implementation of the reverse
+Added: Accordingly, even with an increased market price per share, the total market capitalization of shares of our common stock
+Added: after a reverse stock split could be lower than the total market capitalization before the reverse stock split.
+Added: Also, even if there is
+Added: an initial increase in the market price per share of our common stock after a reverse stock split, the market price many not remain at
+Added: If the market price of shares of our common stock
+Added: declines following a reverse stock split, the percentage decline as an absolute number and as a percentage of our overall market capitalization
+Added: may be greater than would occur in the absence of the reverse stock split due to decreased liquidity in the market for our common stock.
+Added: Accordingly, the total market capitalization of our common stock following the reverse stock split could be lower than the total market
+Added: capitalization before the reverse stock split.
Unregistered Sales of Equity Securities and Use of Proceeds
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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.