The Company also has agreed that the existing July 2021 warrants to purchase up to an aggregate of 200,000 shares of common stock will be amended such that the warrants will have a reduced exercise price of $12.00 per share (the "Warrant Amendment"). The warrants shall expire five years from the initial amendment date. The Warrant Amendment will become effective per the resale registration which is to be filed by the Company within 30 days.
A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.
This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333- 278960) which was declared effective by the Securities and Exchange Commission (the "SEC") on May 17, 2024. The offering is made only by means of a prospectus which is part of the effective registration statement. A final prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Additionally, when available, electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be ...