Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: March 22, 2024, the Company approved the issuance to an investor relations firm it had engaged a three-year option to acquire 100,000
−Removed: shares of the Company’s common stock, with an exercise price of $1.50 per share.
−Removed: The option vests in two equal installments on
−Removed: May 31, 2024 and August 31, 2024.
−Removed: The offer and sale of the option and the underlying shares of common stock is exempt from the registration
−Removed: requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) of the Securities
−Removed: Act, as a transaction not involving a public offering.
−Removed: as set forth above and as previously disclosed in our current reports on Form 8-K filed prior to the date of this Form 10-Q and in
−Removed: the Annual Report, we did not sell any unregistered securities or repurchase any of our securities during the three months ended
−Removed: March 31, 2024.
−Removed: Part I, Item 2 under the caption “ Liquidity and Capital Resources ” for a description of limitations on the payment of dividends.
+Added: May 29, 2024, the Company approved the issuance to an investor relations firm it had engaged 150,000 unregistered shares of the Company’s
+Added: common stock.
+Added: The offer and sale of the shares of common stock is exempt from the registration requirements of the Securities Act of
+Added: 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) of the Securities Act, as a transaction not involving
+Added: a public offering.
+Added: as set forth above and as previously disclosed in our current reports on Form 8-K filed prior to the date of this Form 10-Q and in the
+Added: Annual Report, we did not sell any unregistered securities or repurchase any of our securities during the three months ended June 30,
+Added: Part I, Item 2 under the caption “ Liquidity and Capital Resources ” for a description of limitations on the payment
+Added: of dividends.
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.