Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2021
SUBSEQUENT EVENTS  
NOTE 12 - SUBSEQUENT EVENTS

NOTE 12 – SUBSEQUENT EVENTS

 

Stock Issuances

 

On July 1, 2021, our underwriter Maxim Group informed the Company that it would be partially exercising its overallotment option to purchase additional shares under the terms of the Underwriting Agreement between the parties. Maxim purchased 150,000 shares of additional common stock of the company at a price of $4.99 pursuant to the underwriting agreement. This option was only for common shares and was not for Units comprising a share of common stock and a warrant for one share of common stock. The Company collected approximately $740,000 in net proceeds from the transaction.