Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securitie s and Use of Proceeds
In July 2020, we executed the first amendment to the 2019 Credit Facility with SVB. For additional information about the first amendment to the 2019 Credit Facility, see Part II, Item 5 of this report. In conjunction with entering into the amendment, on July 15, 2020, we issued a warrant to SVB to purchase 21,500 shares of our common stock at an exercise price of $0.01 per share. The warrant expires on July 15, 2025. The warrant was issued in reliance on Section 4(a)(2) of the Securities Act in that it was issued to one sophisticated investor in a transaction not involving a public offering.
Item 3. Defaults Upon Senior Securities .
None.
Item 4. Mine Safety Disclosures .
Not applicable.
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