WARRANTS |
WARRANTS
From time to time, we have issued warrants to purchase shares of common stock. These warrants have been issued in connection with the financing transactions and consulting services. Our warrants are subject to standard anti-dilution provisions applicable to shares of our common stock.
A roll-forward of warrant share activity from January 1, 2020 to March 31, 2020 is shown in the following table:
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Exercise Price |
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Expiration Date |
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Issued and
Outstanding
Warrants as of
January 1, 2020
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Warrants
Exercised/
Expired
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Issued and Outstanding Warrants as of March 31, 2020 |
Consulting Warrants |
$0.01 |
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6/17/2020 |
|
6,667 |
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— |
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|
6,667 |
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Financing Warrants |
$3.35 |
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6/17/2020 |
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62,530 |
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— |
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62,530 |
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Private Placement Warrants - September 2017 |
$4.85 |
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9/28/2020 |
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1,966,319 |
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— |
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1,966,319 |
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Placement Agent Warrants |
$4.85 |
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9/28/2020 |
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98,846 |
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— |
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98,846 |
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2,134,362 |
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— |
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2,134,362 |
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A roll-forward of warrant share activity from January 1, 2019 to March 31, 2019 is shown in the following table:
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Issued and
Outstanding
Warrants as of
January 1, 2019
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Warrants
Exercised/
Expired
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Issued and Outstanding Warrants as of March 31, 2019 |
Consulting Warrants |
6,667 |
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— |
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|
6,667 |
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Financing Warrants |
62,530 |
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— |
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|
62,530 |
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Underwriting Warrants |
310,500 |
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— |
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310,500 |
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Private Placement Warrants - 2016 |
818,063 |
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(140,000 |
) |
(1) |
678,063 |
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Underwriting Warrants - Public Offering 2016 |
122,175 |
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— |
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122,175 |
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Private Placement Warrants - September 2017 |
1,966,319 |
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— |
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|
1,966,319 |
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Placement Agent Warrants |
98,846 |
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— |
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98,846 |
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3,385,100 |
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(140,000 |
) |
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3,245,100 |
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(1) During the three months ended March 31, 2019, there were 140,000 warrants exercised for cash.
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