5 unchanged sentences
This number of holders of record also does not include stockholders whose shares may be held in trust by other entities.
−Removed: Use of Proceeds from the IPO
−Removed: On July 2, 2021, we completed our IPO and issued 8,050,000 shares of our common stock at a public offering price of $18.00 per share, which includes 1,050,000 shares of common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares, for total gross proceeds from the offering, before deducting the underwriting discount and other offering expenses, of approximately $144.9 million.
−Removed: After deducting the underwriting discount of $10.1 million and offering expenses of $1.6 million, we received net proceeds of approximately $133.2 million.
−Removed: No payments for such expenses were made directly or indirectly to (i) any of our officers or directors or their associates, (ii) any persons owning 10% or more of any class of our equity securities or (iii) any of our affiliates.
−Removed: Morgan Securities LLC, Piper Sandler & Co.
−Removed: and William Blair & Company, L.L.C.
−Removed: acted as joint book-running managers of the IPO and Canaccord Genuity LLC acted as a lead manager for the IPO.
−Removed: Shares of our common stock began trading on the Nasdaq Global Select Market on June 30, 2021.
−Removed: The offer and sale of the shares were registered under the Securities Act on a Registration Statement on Form S-1 (File No.
−Removed: 333-256800), which was declared effective on June 29, 2021.
−Removed: There has been no material change in the expected use of the net proceeds from our IPO as described in our final prospectus, dated June 29, 2021, filed with the SEC on July 1, 2021 pursuant to Rule 424(b) of the Securities Act.
+Added: Dividend Policy
+Added: We have never declared or paid, and do not anticipate declaring or paying in the foreseeable future, any cash dividends on our capital stock.
+Added: Any future determination as to the declaration and payment of dividends, if any, will be at the discretion of our Board of Directors, subject to applicable laws, and will depend on then existing conditions, including our financial condition, operating results, contractual restrictions, capital requirements, business prospects, and other factors our Board of Directors may deem relevant.
+Added: Our Loan Agreement with Innovatus restricts us from paying dividends or making other distributions or payments on our capital stock, subject to limited exceptions.
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.