Annual report pursuant to Section 13 and 15(d)

Subsequent Events

v3.21.1
Subsequent Events
12 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events

Note 18 – Subsequent Events

 

On February 24, 2021, we sold 1,321,132 shares of our common stock at a purchase price of $7.75 per share in a private transaction to accredited and institutional investors for gross proceeds of $10.2 million. We received net proceeds of $9.9 million. We issued warrants for the purchase of 79,268 shares to our placement agent. These warrants are exercisable for cash at $9.30 per share and expire on February 24, 2023 and are callable under certain conditions by us.