Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: the period covered by this report, we have not sold any equity securities in transactions that were not reported on a Current Report
−Removed: The Company did not repurchase any of its shares during the quarter ended March 31, 2023.
−Removed: (b) On September 14, 2021, our Registration Statement, as amended, and
−Removed: originally filed on Form S-1 (file No.
−Removed: 333-256691) was declared effective by the SEC for our initial public offering of 7,187,500 shares
−Removed: of common stock, including 937,500 shares of common stock purchased by the underwriters pursuant to the exercise of the over-allotment
−Removed: option each at an offering price of $4.00 per share, for aggregate gross proceeds of approximately $28.75 million.
−Removed: After deducting underwriting
−Removed: discounts, commissions and offering costs incurred by us of approximately $3.50 million, the net proceeds from the offering were approximately
−Removed: $25.3 million.
−Removed: ThinkEquity LLC acted as sole book-running manager of the initial public offering.
−Removed: No offering costs were paid or are payable,
−Removed: directly, or indirectly, to our directors or officers, to persons owning 10% or more of any class of our equity securities, or to any
−Removed: of our affiliates.
−Removed: Shares of common stock and the offering price in this section are pre-reverse split numbers.
−Removed: There has been no material change in the expected use of the net proceeds
−Removed: from our IPO as described in our final prospectus filed with the SEC on September 16, 2021.
−Removed: Upon receipt, the net proceeds from our IPO
−Removed: were held in cash, cash equivalents and short-term investments.
−Removed: As of March 31, 2023, we have used the entire amount of the net proceeds
−Removed: from the IPO.
+Added: On September 14, 2021, our Registration Statement, as amended, and originally filed on Form S-1 (file No.
+Added: 333-256691) was declared effective
+Added: by the SEC for our initial public offering of 7,187,500 shares of common stock, including 937,500 shares of common stock purchased by
+Added: the underwriters pursuant to the exercise of the over-allotment option each at an offering price of $4.00 per share, for aggregate gross
+Added: proceeds of approximately $28.75 million.
+Added: After deducting underwriting discounts, commissions and offering costs incurred by us of approximately
+Added: $3.50 million, the net proceeds from the offering were approximately $25.3 million.
+Added: ThinkEquity LLC acted as sole book-running manager
+Added: of the initial public offering.
+Added: No offering costs were paid or are payable, directly, or indirectly, to our directors or officers, to
+Added: persons owning 10% or more of any class of our equity securities, or to any of our affiliates.
+Added: has been no material change in the expected use of the net proceeds from our IPO as described in our final prospectus filed with the
+Added: SEC on September 16, 2021.
+Added: Upon receipt, the net proceeds from our IPO were held in cash, cash equivalents and short-term investments.
+Added: As of June 30, 2023, we have used the entire amount of net proceeds from the IPO.
Defaults Upon Senior Securities .
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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.