3 unchanged sentences
Since many of our shares of common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders.
−Removed: The Company has never paid dividends on its Common Stock and does not anticipate that it will do so in the foreseeable future.
−Removed: Use of Proceeds from Initial Public Offering of Common Stock
−Removed: We completed our initial public offering (“IPO”) on October 14, 2020.
−Removed: As a result of the strategic pipeline prioritization and discontinuation of SL-172154, we have changed the “use of proceeds” from the IPO as described in our final prospectus filed with the SEC pursuant to Rule 424(b)(4) on October 13, 2020.
−Removed: We currently expect to use our cash, cash equivalents and investments, which include the remaining net proceeds from our IPO, to advance the preclinical and clinical development of our lead product candidate, SL-325, as well as for general corporate purposes.
+Added: We have never paid dividends on our common stock and do not anticipate that we will do so in the foreseeable future.
Recent Sales of Unregistered 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.