−Removed: UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: There were no sales of unregistered or registered securities during the three months ended September 30, 2023.
−Removed: On August 22, 2023, in connection with an individual’s cashless exercise of 40,000 stock options, 12,903 shares of common stock were exchanged from that individual in connection with the exercise cost.
−Removed: The 12,903 shares of stock were considered repurchased and retired by the Company during the three months ended September 30, 2023;
−Removed: the price paid for the shares was $1.55, and the fair value of the shares repurchased was $20,000.
+Added: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
+Added: On March 14, 2024, the Company entered into subscription agreements with each of Robert W.
+Added: D’Loren, Chairman and Chief Executive Officer of the Company;
+Added: an affiliate of Mark DiSanto, a director of the Company;
+Added: and Seth Burroughs, Executive Vice President of Business Development and Treasury of the Company to purchase 132,589, 132,589, and 29,464 shares, respectively (collectively, the “Private Placement Shares”), at a price of $0.98 per Private Placement Share.
+Added: The total number of Private Placement Shares purchased was 294,642.
+Added: Net proceeds after payment of agent fees to the representative were approximately $0.3 million.
+Added: The purchase of the Private Placement Shares closed on March 19, 2024.
DEFAULTS UPON SENIOR SECURITIES
2 unchanged sentences
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.