Item 8.01 Other Events.
On November 30, 2020, the Company completed a public offering (the "Offering")
of 1,200,000 units (the "Units"). Each Unit consists of one share of common
stock of the Company, par value $0.001 per share (the "Common Stock"), and one
warrant (a "Warrant") to purchase one share of Common Stock for $5.70 per share.
The Units were sold at a price of $4.75 per Unit, generating gross proceeds to
the Company of $5,700,000. The Company granted the underwriters in the offering
a 45-day option to purchase up to 180,000 additional shares of Common Stock
and/or 180,000 Warrants to cover over-allotments, if any. Reference is made to
the Company's Current Report on Form 8-K filed with the Securities and Exchange
Commission on November 27, 2020 for additional information on the Offering
On December 1, 2020, the Company issued a press release with respect to the
completion of the Offering. A copy of the press release is attached hereto as
Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
There are filed as part of this report the exhibit listed on the accompanying
Index to Exhibits, which information is incorporated herein by reference.
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