Form POS AM - Post-Effective amendments for registration statement
F-1
SHARE RESALE REGISTRATION
F-1
Avondale Equity Line - The price at which shares are sold to Avondale is determined based on the Purchase Agreement, which specifies that the purchase price will be 82.5% of the lowest daily VWAP (Volume Weighted Average Price) during the ten consecutive trading days immediately prior to the date of the Purchase Notice, with a Floor Price set at 20% of the Nasdaq Minimum Price. The amount of shares sold is subject to certain conditions, including that Avondale's beneficial ownership does not exceed 9.99% of the total outstanding shares. The company has the right to control the timing and amounts of the Pre-Paid Purchases, while Avondale controls the timing and amount of the issuance of shares.
8-A12B
Form 8-A12B - Registration of securities [Section 12(b)]
