1 unchanged sentence
Recent sales of unregistered securities
−Removed: On May 19 , 2022, the Company sold 11,111 shares of common stock at $9.00 per share for gross proceeds of $99,999 with no transaction costs.
−Removed: No underwriters were involved in the foregoing issuance of securities.
−Removed: The securities were issued in reliance upon the exemption from the registration requirements of the Securities Act, as set forth in Section 4(a)(2) under the Securities Act relative to transactions by an issuer not involving any public offering, to the extent an exemption from such registration was required.
−Removed: Between April 22, 2022 and May 3,2022, warrant holders exercised warrants, resulting in the issuance of 153,000 shares of common stock for proceeds of approximately $275,400, another 394,501 warrants were exercised with a cashless exercise assuming the fair market value of $9 per share resulting in the issuance of 315,601 shares of common stock.
Use of Proceeds
7 unchanged sentences
ThinkEquity acted as sole book-running manager for the initial public offering.
+Added: Purchases of equity securities by the issuer and affiliated purchasers.
Defaults Upon Senior Securities
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.