SHARE RESALE REGISTRATION | Streeterville Capital, LLC - SPA - Pre-Paid Equity Purchase Agreement allows Streeterville to provide up to $20,000,000 in funding, satisfied over time by the issuance of shares. Shares are issued at variable pricing tied to the market trading price during the applicable measuring period. Streeterville may not own more than 9.99% of our outstanding shares, and issuances must comply with Nasdaq Listing Rule 5635(d). We receive no proceeds from Streeterville’s resale of the shares.
S-8
Form S-8 - Securities to be offered to employees in employee benefit plans
S-1/A
Streeterville Capital – SPA – Pursuant to the Securities Purchase Agreement, Streeterville will provide up to $20 million of “Pre-Paid Purchases” and, from time to time, elect to have those advances satisfied with newly issued shares. The purchase price for each share it receives is the “floor price” defined in the agreement, which functions as a discounted minimum price relative to the prevailing market. For any settlement, the number of shares issued is calculated by dividing the dollar amount Streeterville chooses to settle by that purchase price, subject to contractual limits that prevent it from owning more than 4.99 % of our outstanding common stock at any time. Additional caps tied to recent trading volume further restrict the size of any single issuance notice.
S-1
Streeterville Capital – SPA – Pursuant to the Securities Purchase Agreement, Streeterville will provide up to $20 million of “Pre-Paid Purchases” and, from time to time, elect to have those advances satisfied with newly issued shares. The purchase price for each share it receives is the “floor price” defined in the agreement, which functions as a discounted minimum price relative to the prevailing market. For any settlement, the number of shares issued is calculated by dividing the dollar amount Streeterville chooses to settle by that purchase price, subject to contractual limits that prevent it from owning more than 4.99 % of our outstanding common stock at any time. Additional caps tied to recent trading volume further restrict the size of any single issuance notice.
