(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security
Type
Security
Class Title
Fee
Calculation
Rule
Amount
Registered
Proposed
Maximum
Offering
Price Per Unit
Maximum
Aggregate
Offering
Price (1), (2)
Fee Rate
Amount of
Registration
Fee
Equity
Common Stock (3)
457(o)
----
—
$ 5,000,000 (4)
.0001476
$738.00
Equity
Pre-Funded Warrants
457(g)
$ —- (5)
----
---
Equity
Common Stock Underlying Pre-Funded Warrants
457(o)
$ —- (4)
----
---
Equity
Underwriter Warrants(6)
457(g)
$ —- (5)
----
---
Equity
Common Stock Underlying Underwriter Warrants (6)
457(o)
$ 465,000
.0001476
$68.63
Total Offering Amounts
$ 5,465,000
.0001476
$806.63
Total Fees Previously Paid
Total Fee Offsets
Net Fee Due
$ 806.63
(1) Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o) under the Securities Act of 1933, as amended (the “Securities Act”).
(2) Pursuant to Rule 416 under the Securities Act of 1933, as amended, this registration statement also covers such an indeterminate amount of shares of common stock as may become issuable to prevent dilution resulting from stock splits, stock dividends and similar events.
(3) Includes shares that may be purchased by the underwriters pursuant to their option to purchase additional common shares to cover over-allotments.
(4) The proposed maximum aggregate offering price of the common stock proposed to be sold in the offering will be reduced on a dollar-for-dollar basis based on the offering price of any pre-funded warrants sold in the offering, and, as such, the proposed maximum aggregate offering price of the common stock and pre-funded warrants (including the common stock issuable upon exercise of the pre-funded warrants), if any, is $5,000,000.
(5) Pursuant to Rule 457(g) of the Securities Act, no separate registration fee is required for the warrants because the warrants are being registered in the same registration statement as the common stock issuable upon exercise of the warrants.
(6) We have agreed to grant to the underwriter a warrant covering a number of shares of common stock equal to 6% of the Shares (including any sold as a result of the exercise of the underwriters’ over-allotment option) sold by the underwriter in this public offering (the “Underwriter Warrant”). The Underwriter Warrant will be exercisable commencing on the date of issuance and until the fifth anniversary of the commencement of sales of this offering. The Underwriter Warrant will be exercisable at a price equal to 155% of the public offering price. We have registered the Underwriter Warrant and the shares underlying the Underwriter Warrant in this offering. Accordingly, as estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o), the proposed maximum aggregate offering price of the common stock underlying the Underwriter Warrant is $465,000, which is equal to 155% of $300,000 (6% of the proposed maximum aggregate offering price of $5,000,000).
We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.