Total NEW Stock Sold to Kalani: 73,841,328 (nearly 74MM new Shares).
Total OUTSTANDING Shares: 107,934,530 (nearly 108MM Shares).
From 6-K Filed Today Evening:
"Between the date of the Purchase Agreement, December 23, 2016, and January 20, 2017, the Company has sold an aggregate 73,841,328 Shares to the Investor at an average price of approximately $1.77 per share. The aggregate gross purchase price for these Shares was $130.5 million. The Company's estimated aggregate net proceeds from the sale of these Shares is approximately $129.2 million, after deducting estimated aggregate offering expenses. Following the settlement for all of such Shares sold as of the date hereof, the Company will have a total of 107,934,530 shares of common stock outstanding. As of the date hereof, up to $69.5 million of the Shares is remaining that the Company may sell pursuant to the Purchase Agreement."
