Might want to dig a little further.
The Company has outstanding warrants to purchase Common Stock expiring June 5, 2023, subject to certain adjustment from time to time upon the occurrence of
certain events. In accordance with the terms of those outstanding warrants, the Reverse Stock Split will result in an adjustment to the warrant exercise price from
$30.48 per share to $304.80 per share. The number of warrants outstanding will not change, however, the amount of Common Stock issuable upon the exercise of
warrants will be reduced in proportion to the Reverse Stock Split ratio. Each of these adjustments will occur automatically and become effective immediately prior
to the opening of business on May 11, 2020.
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