Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

v3.19.3
Subsequent Event
9 Months Ended
Sep. 30, 2019
Subsequent Event  
Subsequent Event

12. Subsequent Event

On October 2, 2019, the Company completed a private placement with an affiliate of Armistice Capital, LLC for 600,000 shares of Common Stock and warrants to purchase 600,000 shares of Common Stock with a combined purchase price of $3.125 per share of Common Stock and warrant. The total gross proceeds to the Company from the offering were approximately $1.9 million. The warrants issued will become exercisable six months from the issuance date and terminate on October 2, 2024, five years following the date of issuance.