Annual report pursuant to Section 13 and 15(d)

Subsequent Events

v3.23.1
Subsequent Events
12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events

Note 14 – Subsequent Events

 

On February 23, 2023, pursuant to a securities purchase agreement with certain institutional and accredited investors, dated February 21, 2023, the Company issued and sold in a registered direct offering i) an aggregate of 15,000 shares of the Company’s newly-designated Series F Convertible Preferred Stock with a stated value of $1,000 per share, convertible into shares of Common Stock pursuant to the terms of the securities purchase agreement, and (ii) warrants to acquire up to an aggregate of 6,651,885 shares of Common Stock, subject to adjustment, for gross and net proceeds of $15,000,000 and $14,041,500, respectively.