Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
(a) There
were no unregistered sales of equity securities for the six months ended June 30, 2025.
a. On
April 7, 2025, we entered into a pre-funded warrant (“Pre-Funded Warrant”) with
Yield Point NY LLC (the “Investor”) for up to 4,500,000 shares of Common Stock
issuable to the Investor upon exercise of the Pre-Funded Warrant. We chose to issue the Pre-Funded
Warrant in consideration for the Investor’s execution and delivery of the Equity Purchase
Agreement, dated April 7, 2025, between us and the Investor in lieu of paying the Investor
$1,800,000 in cash.
(b) None.
(c) None.
Item
3. Defaults Upon Senior Securities
(a) None.
(b) None.
Item
4. Mine Safety Disclosures
Not
applicable.
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