![]() Subject to limited exceptions, a holder of pre-funded warrants will not have the right to exercise any portion of its pre-funded warrants if the holder, together with its affiliates, would beneficially own in excess of 4.99% (or, at the election of the holder, such limit may be increased to up to 9.99%) of the number of common shares outstanding immediately after giving effect to such exercise. We are also offering to each purchaser, with respect to the purchase of units that would otherwise result in the purchasers beneficial ownership exceeding 4.99% of our outstanding common shares immediately following the consummation of this offering, the opportunity to purchase units including one pre-funded warrant in lieu of one common share in the unit. Each Class D Warrant will be immediately exercisable at an exercise price of $ per share (or 110% of the price of each unit sold in this offering) and expire five years after the issuance date. We are offering 20,000,000 units consisting of one common share and one Class D Warrant to purchase one common share. ![]() Pre-Funded Warrants to Purchase Common Shares andĬlass D Warrants to Purchase Common Shares SUBJECT TO COMPLETION, DATED MARCH 3 0, 2020 The term new or revised financial accounting standard refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 7(a)(2)(B) of the Securities Act. If an emerging growth company that prepares its financial statements in accordance with U.S. Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933. If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, please check the following box. (Name, Address and telephone number of agent for service)Īpproximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.
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