Item 3.02 Unregistered Sale of Equity Securities
From August 11 through August 12, 2022, the Company sold 1,562,506 shares of
common stock at a price of $1.20 per share in a private placement offering from
which it raised aggregate gross proceeds of $1,875,000. The Company relied upon
Rule 506(b) of Regulation D in issuing these shares. No placement fees or
commissions were paid in connection with the offering.
On August 16, 2022, the Company issued a press release announcing the completion
of the private placement offering.
Item 9.01 Financial Statement and Exhibits
(d) See the Exhibit Index below, which is incorporated by reference herein.
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