What changed 10-Q

Item 2. Unregistered Sales of Equity Securities

2024-08-13 compared with 2024-05-14 · 7 added, 5 removed, 8 unchanged (60% of the section changed)

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

the three months ended March 31, 2024, the Company received aggregate proceeds of $968,000 pursuant to certain unsecured convertible

notes (the “2022 Notes”).

Through March 31, 2024, the Company had drawn down $4,195,500 under the 2022 Notes.

the three and six months ended June 30, 2024, the Company received aggregate proceeds of $670,000 and $1,638,000, respectively pursuant

to certain unsecured convertible notes (the “2022 Notes”).

Through June 30, 2024, the Company had drawn down $4,865,500 under

the 2022 Notes.

further details on the terms of the 2022 Notes, refer to our Form 10-K as filed with the SEC on March 28, 2024.

Convertible Stock

the three months ended March 31, 2024, the Company issued 226,474 shares of restricted Series D-1 Convertible Preferred Stock upon the

conversion of $600,000 of principal and $48,161 accrued interest outstanding on the 2022 Notes.

the three and six months ended June 30, 2024, the Company issued 273,691 and 500,165 shares, respectively, of restricted Series D-1

Convertible Preferred Stock upon the conversion of $725,000 and $1,325,000 of principal and $58,296 and $106,457 accrued interest,

respectively, outstanding on the 2022 Notes.

Company believes that such transactions were exempt from the registration requirements of the Securities Act of 1933, as amended, (the

4 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.