1 unchanged sentence
following disclosures set forth certain information with respect to all securities sold by the Company during the three months ended
−Removed: June 30, 2021 without registration under the Securities Act:
−Removed: June 1, 2021, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor
−Removed: (the “Purchaser”), pursuant to which the Company sold and issued:
−Removed: (i) a senior secured redeemable debenture (the “Debenture”)
−Removed: in the aggregate principal amount of $15,000,000.00 (the “Aggregate Principal Amount”), and (ii) warrants to purchase up
−Removed: to an aggregate of 1,500,000 shares of the Company’s common stock at an exercise price of $12.00 per share (the “Warrant”).
−Removed: The Warrant has a term of three years.
−Removed: The Company received gross proceeds of $15,000,000 and intends to use such proceeds for working
−Removed: capital and general corporate purposes.
−Removed: the three months ended June 30, 2021, the Company issued an aggregate of 30,000 shares of common stock for services expensed
−Removed: in prior periods.
−Removed: On April 2, 2021, in connection
−Removed: with Juan Manuel Piñeiro Dagnery’s resignation from his position as Chief Revenue Officer of the Company, the Company and
−Removed: Dagnery entered into a resignation and release agreement pursuant to which Mr.
−Removed: Dagnery received on June 2, 2021 a single lump sum
−Removed: of 10,000 shares of common stock of the Company.
+Added: September 30, 2021 without registration under the Securities Act:
+Added: July 19, 2021 , the Company issued an aggregate of 30,000
+Added: shares of common stock for approximately $220 thousand of services expensed in prior periods.
above transactions did not involve any underwriters, underwriting discounts or commissions, or any public offering.
The Company relied
−Removed: upon the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Act”) by virtue of
−Removed: Section 4(a)(2) thereof and/or Regulation D promulgated by the SEC under the Act.
+Added: upon the exemption from the registration requirements of the Securities Act by virtue of Section 4(a)(2) thereof and/or Regulation D
+Added: promulgated by the SEC under the Securities Act.
DEFAULTS UPON SENIOR SECURITIES
1 unchanged sentence
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.