EXHIBIT 107
Calculation of Filing Fee Table
Form S-8
(Form Type)
Galecto, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1 - Newly Registered Securities
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Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1)(2) | Proposed Maximum Offering Price Per Share(3) | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | ||||||||||||||||
Equity | Common stock, $0.00001 par value per share | Rule 457(c) and Rule 457(h) | 32,118 | $3.24 | $104,062.32 | 0.0000927 | $9.65 | ||||||||||||||||
Equity | Common stock, $0.00001 par value per share | Rule 457(c) and Rule 457(h) | 200,000 | $2.07 | $414,000.00 | 0.0000927 | $38.38 | ||||||||||||||||
Equity | Common stock, $0.00001 par value per share | Rule 457(c) and Rule 457(h) | 1,030,973 | $2.11 | $2,175,353.03 | 0.0000927 | $201.66 | ||||||||||||||||
Total Offering Amounts |
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| $2,693,415.35 | |||||||||||||||||||
Total Fee Offsets |
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| $- | |||||||||||||||||||
Net Fee Due |
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| $249.69 | |||||||||||||||||||
(1) | Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of common stock which become issuable under the 2020 Plan by reason of any stock dividend, stock split, recapitalization or any other similar transaction effected without the receipt of consideration which results in an increase in the number of the Registrant’s outstanding shares of common stock. Pursuant to Rule 416(c) under the Securities Act, this Registration Statement shall also cover an indeterminate amount of interests to be offered or sold pursuant to the employee benefit plans described herein. |
(2) | The aggregate 1,263,091 shares of common stock, par value $0.00001 per share (“Common Stock”), to be registered represents an automatic increase to the number of shares available for issuance under the registrant’s 2020 Equity Incentive Plan (the “2020 Plan”), effective as of January 1, 2022. Shares available for issuance under the 2020 Plan were previously registered on Form S-8 registration statements filed with the Securities and Exchange Commission on November 4, 2020 (Registration No. 333-249852) and March 29, 2021 (Registration No. 333-254805). The Common Stock to be registered consists of (i) 32,118 shares granted under the 2020 Plan on January 5, 2022, (ii) 200,000 shares granted under the 2020 Plan on February 15, 2022 and (iii) 1,030,973 shares which may hereafter be granted under the 2020 Plan. |
(3) | Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457 of the Securities Act, and based on $2.11 per share, which is the average of the high and low sales prices of the Registrant’s common stock, as reported on the Nasdaq Global Select Market on February 11, 2022, which is a date within five business days prior to the filing of this registration statement. |
