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Friday, May 18, 2018 10:22:14 PM
on March 12, 2018, the Company issued to Purchasers an aggregate of 175,000 shares of Common Stock and 175,000 warrants to purchase 175,000 shares of the Company’s Common Stock (the “Warrants”), in exchange for an aggregate of $1.75 million in cash.
The Warrants are exercisable commencing on September 12, 2018 and have a term of exercise equal to three years from such date. The Warrants entitle each Purchaser to purchase up to the number of shares of Common Stock set forth in such Purchaser’s Warrant, with an exercise price equal to $12.10 per share,
Also not sure what you said about 40-50¢ investment per share. What you talking about there? $IFON
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