Exhibit 107
CALCULATION OF REGISTRATION FEE
Title of Each Class of Securities to be Registered
| Amount to be Registered | Proposed Maximum Offering Price per Share | Proposed Maximum Aggregate Offering Price | Amount of Registration Fee(1) | ||||||||||||
Units consisting of one (1) share of Common Stock, par value $0.0001 per share, and one (1) Warrant exercisable to purchase one (1) share of Common Stock, par value $0.0001 per share | 10,000,000 | $ | 2.00 | $ | 20,000,000 | $ | 2,204.00 | |||||||||
Shares of Common Stock, included as part of the Units | 10,000,000 | |||||||||||||||
Common Stock Purchase Warrants to purchase common stock, included as part of the Units (2) | 10,000,000 | |||||||||||||||
Shares of Common Stock, par value $0.0001 per share, issuable upon exercise of the Warrants (3)(4) | 10,000,000 | $ | 2.50 | $ | 25,000,000 | $ | 2,755 | |||||||||
Total | $ | 4,959.00 |
(1) | Calculated pursuant to Rule 457(a) based on an estimate of the proposed maximum aggregate Offering Price. |
(2) | In accordance with Rule 457(i) promulgated under the Securities Act, because the shares of our Common Stock underlying the Warrants are registered hereby, no separate registration fee is required with respect to the Warrants registered hereby. |
(3) | We are issuing one (1) Common Stock Purchase Warrant (the “Warrants”), each exercisable to purchase one (1) share of our common stock, par value $0.0001 (“Common Stock”) as part of the units offered hereunder (the “Units”). Each Unit consists of: (i) one (1) share of Common Stock; and (ii) one (1) Warrant. The Warrants are exercisable for a period of five (5) years from the date of issuance to purchase one (1) additional share of Common Stock at a price of $2.50 per share. |
(4) | No additional registration fee is payable pursuant to Rule 457(g) promulgated under the Securities Act. |