Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS

v3.23.3
STOCK WARRANTS
9 Months Ended
Sep. 30, 2023
Stock Warrants  
STOCK WARRANTS

NOTE 17 – STOCK WARRANTS

 

The following table summarizes information with respect to outstanding warrants to purchase common stock of the Company at September 30, 2023:

 

Exercise     Number     Expiration
Price     Outstanding     Date
$ 1.00       7,000,000     August 2028
$ 100.00       125     November 2024
$ 114.00       618     February 2025
$ 7,000.00       2,453     December 2023
          7,003,196      

 

In connection with the July 2023 Financing, the Company issued 4,470,000 prefunded warrants with an exercise price of $0.0001. All prefunded warrants were exercised during the quarter ended September 30, 2023. Additionally, the Company issued warrants to purchase up to an aggregate of 7,000,000 shares of the Company's common stock. The warrants are exercisable at $1.00 per share, expire five years from the date of issuance.

 

No warrants were exercised during either of the nine months ended September 30, 2023, and 2022.