Item 2. Unregistered Sales of Equity Securities
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Recent
Sales of Unregistered Securities
During
the nine months ended September 30, 2024, the Company issued 470,482 shares of common stock for services. The Company relied on the exemption
from registration set forth in Section 4(a)(2) of the Securities Act for this issuance.
On
July 12, 2024, the Company converted 290 shares of Series C Preferred Stock into 52,158 shares of common stock at the election of the
holder.
In
August 2024, the Company issued 28,571 shares of common stock pursuant to the exercise of warrants on a cashless basis.
In
each case, the issuance did not involve a public offering and was made without general solicitation or general advertising, and the recipient
of the shares was an accredited investor.
Purchases
of Equity Securities by the Issuer and Affiliated Purchasers
The
Company repurchased no shares of common stock during the first three quarters of 2024.
ITEM
3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM
4. MINE SAFETY DISCLOSURES
None.
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