Kiora Pharmaceuticals, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Warrants (Tables)

Warrants (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2015

Dec. 31, 2014

Warrants [Abstract]

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

At March 31, 2015, the following warrants were outstanding:

	Number of Awards			Weighted Average Exercise Price		Weighted Average Remaining Term in Years
Outstanding at December 31, 2014		21,964		$	4.52		1.81
Issued		630,733		$	6.08		6.55
Exercised		(10,929	)	$	0.65
Forfeited		(3,788	)	$	14.45
Outstanding at March 31, 2015		637,980		$	6.07		5.03


Warrants		Remaining Term		Exercise Price
	7,247		.50		$5.16
	630,733		6.55		$6.08

At December 31, 2014, the following warrants were outstanding:

Class of Stock	Number of Shares		Exercise Price		Common Shares upon conversion
Series C Preferred		11,901	$	1.75		1,239
Series D Preferred		27,932	$	1.22		2,549
Common Stock		10,929	$	0.65		10,929
Common Stock		7,247	$	5.16		7,247
Total common stock		58,009				21,964

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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