9 unchanged sentences
that do not meet the financial and other listing requirements of a regional or national stock exchange.
−Removed: August 9, 2021, we effected a one-for-nine reverse stock split of our common stock pursuant to which holders of our common stock received
−Removed: one share of our common stock for every nine shares of common stock held.
−Removed: Unless the context expressly dictates otherwise, all references
−Removed: to share and per share amounts referred in this Annual Report on Form 10-K reflect the reverse stock split.
of December 31, 2022, there were 35 stockholders of record of our common stock and 7,121,737 shares of our common stock outstanding.
56 unchanged sentences
of Employment.
−Removed: In the event of termination of a grantee’s employment or service with the company or any of its affiliates,
−Removed: all vested and exercisable awards held by such grantee as of the date of termination may be exercised within three months after such
−Removed: date of termination, unless otherwise determined by the administrator.
−Removed: After such three month period, all such unexercised awards will
+Added: For grantees who terminated their employment with the Company or any of its affiliates prior to July 5, 2022, all
+Added: vested and exercisable awards held by such grantees as of the date of termination may be exercised within three months, unless otherwise
+Added: determined by the administrator.
+Added: For grantees who terminated their employment with the Company or any of its affiliates after July 5,
+Added: 2022, all vested and exercisable awards held by such grantees as of the date of termination may be exercised within three years, unless
+Added: otherwise determined by the administrator.
+Added: After such three month or three year period, as applicable, all such unexercised awards will
terminate, and the shares covered by such awards shall again be available for issuance under the 2020 Plan.
36 unchanged sentences
March 27 , 2023, the Company issued 3,294,117 units to certain investors in consideration of $14 million.
−Removed: Each such unit consisted of
−Removed: (i) one share of the Company’s common stock and (ii) one warrant to purchase one share of common stock with an exercise price of
−Removed: $10.35 per share (the “March Warrant” and the “Exercise Price”).
−Removed: Each March Warrant is exercisable until the
−Removed: close of business on March 31, 2026.
−Removed: Pursuant to the terms of the March Warrants, following April 1, 2024, if the closing price of the
−Removed: common stock equal or exceeds 135% of the Exercise Price (subject to appropriate adjustments for stock splits, stock dividends, stock
−Removed: combinations and other similar transactions after the issue date of the March Warrants) for any thirty (30) consecutive trading days,
−Removed: the Company may force the exercise of the March Warrants, in whole or in part, by delivering to these investors a notice of forced exercise.
+Added: Each such unit
+Added: consisted of (i) one share of the Company’s common stock and (ii) one warrant to purchase one share of common stock with an exercise
+Added: price of $5.50 per share.
+Added: Each warrant is exercisable for three years from the date of issuance.
+Added: The shares of common stock and warrants
+Added: were issued in a private placement pursuant to Regulation S of the Securities Act of 1933, as amended.
Purchases of Equity Securities
1 unchanged sentence
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.