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Monday, August 14, 2023 8:31:51 AM
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Under our Plan, the Company under a Request For Waiver Program executed a Waiver Term Sheet of a program consisting of shares of stock to a participant. After conclusion of the program on August 31, 2023, the participant’s Plan account will be credited with the number of shares of the Company’s Common Stock that will be acquired. Additionally, Zion incurred $173,000 in equity issuance costs to an outside party related to this waiver program.
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For the three and six months ended June 30, 2023, approximately $1,761,000, and $2,553,000 were raised under the DSPP program, respectively. The $2,553,000 figure is net of $173,000 in equity issuance costs to an outside party.
For the three and six months ended June 30, 2022, approximately $1,566,000, and $12,993,000 were raised under the DSPP program, respectively.
The company raised approximately $921,000 from the period July 1, 2023 through August 8, 2023, under the DSPP program.
The operational update in the 2Q did not provide any new info. Did anyone see any significant info in the 2Q?
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