13 unchanged sentences
The shares underlying the warrants will vest upon certain time- and performance-based criteria as set forth in the warrants.
−Removed: The exercise price of the warrants is $0.01 per share, and 69,309 warrants were exercised during the year ended December 31, 2021.
−Removed: The warrants were issued and sold pursuant to an exemption from the registration requirements of Section 5 of the Securities Act of 1933, as amended, as they did not involve a public offering under Section 4(a)(2) and were issued as restricted securities pursuant to Rule 144 of the Act.
−Removed: Stock Repurchase Program
−Removed: In November 2019, our board of directors approved a stock repurchase program authorizing us to repurchase up to $50.0 million of our common stock from time to time over the next three years.
−Removed: Stock repurchases under this program may be made through open market transactions, negotiated purchases or otherwise, at times and in such amounts as we consider appropriate and in accordance with applicable regulations of the Securities and Exchange Commission.
−Removed: The timing of repurchases and the number of shares repurchased will depend on a variety of factors including price, regulatory requirements, and other market conditions.
−Removed: We may limit, amend, suspend, or terminate the stock repurchase program at any time without prior notice.
−Removed: Any shares repurchased under the program will be returned to the status of authorized, but unissued shares of common stock.
−Removed: Share repurchase activity as of December 31, 2021 was as follows (in thousands, except per share amounts):
−Removed: Periods Total Shares Purchased Average Price Paid Per Share (1)
−Removed: Total Shares Purchased As Part Of Publicly Announced Programs Remaining Authorized Repurchases (2)
−Removed: November 27 - November 29, 2019 86 $13.97 86
−Removed: December 2 to December 10, 2019 283 $13.40 283
−Removed: Total 369 $45,000
−Removed: (1) Average price paid per share excludes commission costs.
−Removed: (2) Amounts represent the approximate dollar value of the maximum remaining number of shares that may yet be purchased under the stock repurchase program, and excludes commission costs.
+Added: The exercise price of the warrants is $0.01 per share, and 346,269 and 69,309 warrants were exercised during the years ended December 31, 2022 and 2021, respectively.
+Added: The warrants were issued and sold pursuant to an exemption from the registration requirements of Section 5 of the Securities Act, as they did not involve a public offering under Section 4(a)(2) and were issued as restricted securities pursuant to Rule 144 of the Securities Act.
Stock Price Performance Graph
3 unchanged sentences
This graph shall not be deemed “soliciting material” or be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing.
−Removed: Selected Consolidated Financial Data.
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.