What changed 10-K

Item 2. Properties

2022-03-31 compared with 2021-03-15 · 8 added, 13 removed, 0 unchanged (100% of the section changed)

Our executive office is located at 250

West 57 th Street, Suite 415, New York, NY 10107.

Effective June 30, 2020, the Hydra sponsor agreed to stop charging

us the $10,000 monthly administrative fee that we had agreed to pay for office space, utilities and general office, receptionist

and secretarial and administrative support, following our initial public offering.

We consider our current office space adequate

for our current operations.

Legal Proceedings

We are not currently subject to any material

legal proceedings, nor, to our knowledge, is any material legal proceeding threatened against us or any of our officers or directors

in their corporate capacity.

Mine Safety Disclosures

Not applicable.

principal executive office is located at 7946 Ivanhoe Ave., Suite 201 in La Jolla, California, where we lease a total of 850 square feet

of office space that we use for our administrative activities.

The lease expires in October 2022.

All other development activities are

undertaken at contract research organizations.

believe that all of our facilities are in good condition and are well maintained and that our current arrangements will be sufficient

to meet our needs for the foreseeable future, and that, should it be needed, suitable additional space will be available to accommodate

any such expansion of our operations.

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.