7 unchanged sentences
and results of operations.
−Removed: The risks set forth in the following additional risk factors have the potential to materially affect our financial
−Removed: condition and results of operations.
+Added: The risks set forth in the following additional risk factors have the potential to materially affect
+Added: our financial condition and results of operations.
+Added: need to raise additional capital to repay Investor Notes issued under a Securities Purchase Agreement dated October 23, 2023 and support
+Added: our operations.
+Added: If we are unable to raise capital in subsequent offerings, the assets we pledged to secure the lending may be taken.
+Added: believe that current cash on hand is insufficient to repay the Investor Notes and to fund operations through the end of the first quarter
+Added: If we are unable to repay the Investor Notes issued under a Securities Purchase Agreement dated October 23, 2023, the lenders
+Added: have various recourse against us, including the ability to take control of the collateral pledged to them, which constitutes substantially
+Added: all of our tangible and intangible assets, including our intellectual property.
+Added: The report of our independent registered public accounting
+Added: firm on our financial statements for the years ended December 31, 2022 and 2021 contains explanatory language that substantial doubt
+Added: exists about our ability to continue as a going concern.
+Added: We have reduced expenses because we do not have access to sufficient cash and
+Added: liquidity to finance our business operations as currently contemplated and may be compelled to reduce further general and administrative
+Added: expenses and delay clinical trials until we are able to obtain sufficient financing.
+Added: We may find it difficult to raise money on terms
+Added: favorable to us or at all.
+Added: The failure to obtain sufficient capital to support our operations would have a material adverse effect on
+Added: our business, financial condition and results of operations.
+Added: If sufficient financing is not received timely, we would then need to pursue
+Added: a plan to license or sell assets, seek to be acquired by another entity, cease operations and/or seek bankruptcy protection.
+Added: we are unable to maintain compliance with the listing standards of Nasdaq, our common stock may become delisted, which could have a material
+Added: adverse effect on our ability to raise funding, which could negatively impact our business, capital and financial condition.
+Added: were not in compliance with Nasdaq listing standards and requirements for our common stock for approximately a one-year period ending
+Added: in June 2023 and had been granted an exception through June 12, 2023 to meet a number of obligations before June 12, 2023 that had been
+Added: imposed by Nasdaq.
+Added: By letter dated June 13, 2023, Nasdaq advised us that we had regained compliance.
+Added: Nasdaq requires that our common
+Added: stock have a minimum bid price of at least $1 per share (the “Minimum Bid Price”).
+Added: At the end of October 2023 and the beginning
+Added: of November 2023, the bid price for our common stock was below the Minimum Bid Price.
+Added: There can be no assurance that we will be able
+Added: to maintain compliance with all of Nasdaq’s listing requirements and standards in the future.
+Added: If we do not continue to meet all
+Added: of those obligations, our common stock could be delisted by Nasdaq.
+Added: If delisting occurs, it could be more difficult to buy or sell our
+Added: securities and to obtain accurate quotations, and the price of our common stock could suffer a material decline.
+Added: In addition, a delisting
+Added: would impair our ability to raise capital through the public markets, could deter broker-dealers from making a market in or otherwise
+Added: seeking or generating interest in our securities and might deter certain institutions and persons from investing in our securities.
+Added: of these could negatively impact our financial condition or our ability to operate our business and maintain adequate capital.
Unregistered Sales of Equity Securities and Use of Proceeds.
2 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.