13 unchanged sentences
The Company has established a Company an incentive plan, 2019 Equity Incentive Plan, as amended (the “2019 Plan”).
−Removed: The plan grants incentives to select persons who can make, are making and continue to make substantial contributions to the growth and success of the Company, to attract and retain the employment and services of such persons and to encourage and reward such contributions by providing these individuals with an opportunity to acquire or increase stock ownership in the Company through either the grant of options or restructured stock.
+Added: The plan grants incentives to select persons who can make, are making and continuing to make substantial contributions to the growth and success of the Company, to attract and retain the employment and services of such persons and to encourage and reward such contributions by providing these individuals with an opportunity to acquire or increase stock ownership in the Company through either the grant of options or restructured stock.
The 2019 Plan is administered by the Compensation Committee or such other committee as is appointed by the Board of Directors pursuant to the 2019 Plan (the “Committee”).
The Committee has full authority to administer and interpret the provisions of the 2019 Plan including, but not limited to, the authority to make all determinations with regard to the terms and conditions of an award made under the 2019 Plan.
−Removed: The Shareholders consented, and the Board of Directors approved amendment of the Stock Option Plan to increase the maximum number of Shares that may be issued thereunder to 10,000,000 Shares.
+Added: The Shareholders consented, and the Board of Directors approved amendment of the Stock Option Plan to increase the maximum number of Shares that may be issued thereunder to 500,000 Shares, as adjusted for the 1 for 20 reverse stock split.
The Board of Directors of the Company may, from time to time, in its discretion grant to directors, officers, consultants and employees of the Company, non-transferable options to purchase common shares.
8 unchanged sentences
Use of Proceeds from Registered Securities
−Removed: In July of 2021, the Company issued 35,000 shares of common stock for a consulting agreement.
−Removed: The shares were valued at $175,000 or $5.00 per share, based on the price of the services to be rendered.
−Removed: The shares were issued for services from a consultant pursuant to a consulting agreement.
−Removed: In August of 2021, the Company issued 100,000 shares of common stock for the acquisition of VitaMedica and 7,000 shares of common stock as a finder’s fee for the completion of the transaction.
−Removed: The shares were valued at $515,740 or $4.82 per share, as this was the closing price of the stock on August 4, 2021.
−Removed: In September of 2021, the Company issued 306,945 shares of common stock for the acquisition of Infusionz.
−Removed: The shares were valued at $1,764,876 or $5.75 per share, as this was the remaining acquisition liability for the Infusionz purchase.
−Removed: In October of 2021, the Company issued 666,667 shares of common stock for the acquisition of Interactive, the shares were valued at $4,000,000 of $6.00 per share.
−Removed: Subsequently the Company clawed back 106,497 shares of common stock related to the working capital deficit at the time of the acquisition, the shares were valued at $638,982 or $6.00 per share.
−Removed: In January of 2022, the Company issued 467,765 shares of common stock to employees and a consultant for services, valued at $649,230 or $4.02 per share.
−Removed: In March of 2022, the Company issued 36,582 shares of common stock for the cashless exercise of an option, valued at $163,887 or $4.48 per share.
−Removed: In April of 2022, the Company issued 555,489 shares of common stock for the acquisition of Cygnet Online, LLC valued at $2,550,000 or $4.59 per share.
−Removed: In May of 2022, the Company issued 36,238 shares of common stock for the cashless exercise of an option, valued at $159,447 or $4.40 per share.
−Removed: In May of 2022, the Company issued 119,792 shares of common stock for the cashless exercise of a warrant, valued at $651,668 or $5.44 per share.
−Removed: The warrant was issued for services from a consultant pursuant to a consulting agreement.
−Removed: In October of 2022, the Company issued 1,247,403 shares of common stock for the acquisition of E-Core Technologies Inc.
−Removed: a Florida corporation, valued at $6,000,000 or 4.81 per common share.
−Removed: In February of 2023, the Company issued 134,000 shares of common stock for prepayment of interest on a note payable.
−Removed: The shares were valued at $607,020 or $4.52 per common share and recorded as prepaid interest as the shares were issued at that time.
−Removed: In September of 2023, the Company issued 90,909 shares of common stock for the purchase of the remaining 45% of Cygnet Online, LLC.
+Added: In September of 2023, the Company was to issue 4,505 shares of common stock for the acquisition of the remaining 45% of Cygnet Online, LLC.
The shares were valued at $162,727 or $35.80 per common share.
+Added: These shares were held and not issued due to an ongoing dispute.
+Added: In January of 2024, the Company issued 25,081 shares of common stock as repayment of $500,000 of the Company’s long-term debt.
+Added: The shares were valued at $500,000 or $19.94 per share.
+Added: In March of 2024, the Company issued 5,000 shares of common stock as an incentive-restricted stock grant to certain employees.
+Added: The shares were valued at $85,000 or $17.00 per share.
All of the securities issued by the Company as described above were issued pursuant to the exemption for transactions by an issuer not involved in any public offering under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D promulgated thereunder and corresponding state securities laws.
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.