Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuance of Stock
On January 4, 2024, the Company authorized the issuance of 1,056 shares of common stock to the members of the board of directors as compensation earned during the fourth quarter of 2023.
On January 8, 2024, the Company authorized the issuance of 2,769 shares of common stock in connection with the conversion of notes payable.
On January 11, 2024, the Company authorized the issuance of 2,789 shares of common stock in connection with the conversion of notes payable.
On January 22, 2024, the Company authorized the issuance of 3,058 shares of common stock in connection with the conversion of notes payable.
On January 29, 2024, the Company authorized the issuance of 3,044 shares of common stock in connection with the conversion of notes payable.
On February 16, 2024, the Company authorized the issuance of 30 shares of common stock to a consultant for services rendered.
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On February 16, 2024, the Company authorized the issuance of 3,057 shares of common stock in connection with the conversion of notes payable.
On March 15, 2024, the Company authorized the issuance of 6,089 shares of common stock in connection with the conversion of notes payable.
On March 20, 2024, the Company authorized the issuance of 7,608 shares of common stock in connection with the conversion of notes payable.
On March 28, 2024, the Company authorized the issuance of 795 shares of common stock to a consultant for services rendered.
On March 31, 2024, the Company vested 5,009 shares of common stock to Aggia as consulting fees earned during the fourth quarter of 2023.
On June 30, 2024, the Company vested 13,990 shares of common stock to Aggia as consulting fees earned during the first quarter of 2024.
On August 14, 2024, the Company authorized the issuance of 5,498 shares of common stock in connection with the conversion of notes payable.
On August 19, 2024, the Company authorized the issuance of 10,425 shares of common stock in connection with the conversion of notes payable.
On August 26, 2024 the Company authorized the issuance of 4,750 shares of common stock to a consultant for services rendered.
On September 27, 2024, the Company authorized the issuance of 6,255 shares of common stock in connection with the conversion of notes payable.
On September 30, 2024, the Company vested 12,115 shares of common stock to Aggia as consulting fees earned during the second quarter of 2024.
On March 25, 2025, the Company authorized the issuance of 3,407 shares of common stock to consultants for services rendered.
On March 31, 2025, the Company vested 7,934 shares of common stock to Aggia as consulting fees earned during the first quarter of 2025.
On April 25, 2025, the Company exchanged a note payable of $25.0 thousand for 1,894 shares of common stock.
On April 30, 2025, the Company exchanged a note payable of $0.1 million for 4,924 shares of common stock.
On May 6, 2025, the Company exchanged a note payable of $0.1 million for 4,274 shares of common stock.
On May 12, 2025, the Company exchanged a note payable of $0.1 million for 4,856 shares of common stock.
On May 14, 2025, the Company exchanged a note payable of $0.1 million for 5,769 shares of common stock.
On May 19, 2025, the Company exchanged a note payable of $0.2 million for 15,000 shares of common stock.
On May 28, 2025, the Company exchanged a note payable of $0.1 million for 10,416 shares of common stock.
On June 2, 2025, the Company exchanged a note payable of $0.1 million for 11,111 shares of common stock.
On June 10, 2025, the Company exchanged a note payable of $0.2 million for 16,667 shares of common stock.
On June 12, 2025, the Company exchanged a note payable of $0.3 million for 30,000 shares of common stock.
On June 15, 2025, the Company exchanged a note payable of $0.2 million for 19,000 shares of common stock.
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On June 30, 2025, the Company authorized the issuance of 7,770 shares of common stock to consultants for services rendered.
On July 25, 2025, the Company authorized the issuance of 250,000 shares of common stock to a placement agent for services rendered in connection with an offering.
On August 19, 2025, the Company authorized the issuance of 5,000 shares of common stock to a consultant for services rendered.
On September 23, 2025, the Company authorized the issuance of 44,370 shares of common stock in connection with the conversion of notes payable.
On September 24, 2025, the Company authorized the issuance of 13,849 shares of common stock in connection with the conversion of notes payable.
On September 30, 2025, the Company authorized the issuance of 37,063 warrants in connection with the conversion of notes payable.
On September 30, 2025, the Company authorized the issuance of 9,940 shares of common stock to consultants for services rendered.
The issuance of the above securities is exempt from the registration requirements under Rule 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506 as promulgated under Regulation D.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.