UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: On January 5, 2022, the Company
−Removed: issued 2,229,950 shares of common stock pursuant to a private placement offering at a per share price of $3.24, resulting in gross proceeds
−Removed: of $7,225,038.
+Added: January 5, 2022, the Company issued 2,229,950 shares of common stock pursuant to a private placement offering at a per share price of
+Added: $3.24, resulting in gross proceeds of $7,225,038.
Legal and registration fees amounted to $220,000, resulting in net proceeds of $7,005,038.
−Removed: Prior to the private placement
−Removed: close, proceeds of $1,400,000, were received and recorded as a stock subscription payable, for the year ended December 31, 2021.
−Removed: 21, 2022, the Company issued 10,000 shares of common stock in connection with restricted stock awards, with a fair market value of $3.48
−Removed: per share, on the date of issuance.
+Added: Prior to the private placement close, proceeds of $1,400,000, were received and recorded as a stock subscription payable, for the year
+Added: ended December 31, 2021.
+Added: January 21, 2022, the Company issued 10,000 shares of common stock, pursuant to a restricted stock award, “RSA” granted on January
+Added: 7, 2022 and effective on January 20, 2022.
+Added: The award is for 20,000 restricted shares of common, which vest in two equal installments,
+Added: the first on effective date and the remaining on the one year anniversary of the effective date, with a fair market value
+Added: of $3.48 per share, on the date of issuance.
All shares were fully vested and upon issuance resulted in stock-based compensation of $34,800.
1 unchanged sentence
as there was no general solicitation, and the transaction did not involve a public offering.
−Removed: On February 15, 2022, the Company
−Removed: filed Form S3, to register 2,269,950 shares of common stock.
−Removed: On March 22, 2022 and April 22, 2022, the Company filed a Form S-3/A Amendment
+Added: February 15, 2022, the Company filed Form S-3, to register 2,269,950 shares of common stock.
+Added: On March 22, 2022, April 22, 2022, May 25,
+Added: 2022 and June 14, 2022, the Company filed a Form S-3/A Amendment No.
1, 2, 3 and 4, respectively.
DEFAULTS UPON SENIOR SECURITIES
−Removed: OTHER INFORMATION
−Removed: Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
−Removed: Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
−Removed: Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: XBRL Instance Document
−Removed: XBRL Taxonomy Schema Document
−Removed: XBRL Taxonomy Calculation Document
−Removed: XBRL Taxonomy Linkbase Document
−Removed: XBRL Taxonomy Label Linkbase Document
−Removed: XBRL Taxonomy Presentation Linkbase Document
−Removed: accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned,
−Removed: thereunto duly authorized.
−Removed: and Chief Executive Officer
−Removed: executive officer)
−Removed: Financial Officer
−Removed: financial officer)
+Added: MINE SAFETY DISCLOSURES
+Added: Not applicable.
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.