Item 1.01 Entry into a Material Definitive Agreement
As announced on
Eridanus has agreed to extend the maturity date of the loan by one year to
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The disclosure provided under Item 1.01 above is incorporated by reference in this Item 2.03.
Item 3.02 Unregistered Sales of Securities
As consideration for extending the Loan described above under Item 1.01, the Company agreed to issue 575,000 Warrants to Eridanus. The disclosure provided under Item 1.01 above is incorporated by reference in this Item 3.02. The Company will issue the Warrants and offer the underlying shares of common stock to the Lender in a private transaction in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description 99.1 Press release datedJanuary 27, 2023 104 Cover Page Interactive Data File (embedded withing the Inline XBRL document)
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