11 unchanged sentences
We intend to use the remaining proceeds raised from the July Offering in the manner disclosed in our registration statement on Form S-1 (File Number 333-280743).
+Added: To support our overall liquidity, the Company strategically deployed a portion of the July offering proceeds through short-term loan arrangements, which are recorded as loan receivables.
+Added: These financing activities are intended to optimize cash utilization by generating interest income while preserving capital flexibility for future operational needs or strategic initiatives.
The May Offering
7 unchanged sentences
The net proceeds raised from the May Offering were approximately $7.4 million after offering expenses.
−Removed: As of the date of this quarterly report, we have used approximately $7.2 million for working capital and other general corporate purposes in support of our current business.
−Removed: We intend to use the remaining proceeds from the May Offering in the manner disclosed in our registration statement on Form S-1, as amended (File Number 333-276300).
+Added: As of the date of this quarterly report, we have fully used the May Offering proceeds for working capital and other general corporate purposes in support of our current business, consistent with the intended use of proceeds disclosed in our registration statement on Form S-1, as amended (File Number 333-276300).
Defaults Upon Senior Securities
3 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.