We are offering up to 1,108,213 units, each consisting of one share of our common stock, par value $0.001 per share, and one warrant to purchase one and one-half shares of common stock, in a firm commitment underwritten public offering at an assumed offering price of $7.67 per unit, which is equal to the closing price of our common stock on the Nasdaq Capital Market on January 23, 2023, for gross proceeds of approximately $8.5 million. Each common warrant will have an exercise price of $[•] per share of common stock (equal to 100% of the public offering price of each unit sold in this offering), will be exercisable immediately, and will expire five years from the date of issuance.
(No comment added)
6 Feb 23
Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration statement.
they will drop this bad boy on retail ASAP
4 Feb 23