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Delaware
(State or other jurisdiction of
incorporation or organization) |
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2834
(Primary Standard Industrial
Classification Code Number) |
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87-0652870
(I.R.S. Employer
Identification Number) |
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Large accelerated filer
☐
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Accelerated filer
☐
|
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Non-accelerated filer
☒
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Smaller reporting company
☒
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Emerging growth company
☐
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| Prospectus | | ||||||
| | | | | ii | | | |
| | | | | 1 | | | |
| | | | | 7 | | | |
| | | | | 8 | | | |
| | | | | 9 | | | |
| | | | | 11 | | | |
| | | | | 12 | | | |
| | | | | 15 | | | |
| | | | | 17 | | | |
| | | | | 19 | | | |
| | | | | 19 | | | |
| | | | | 19 | | | |
| | | | | 19 | | |
Selling Stockholders
|
| |
Number of
Shares Beneficially Owned Prior to the Offering |
| |
Percent
|
| |
Maximum
Number Offered by Selling Stockholder(12) |
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Number of
Shares Beneficially Owned After Completion of Offering(13) |
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Percent(13)
|
| |||||||||||||||
Intracoastal Capital LLC(1)
|
| | | | 225,720(2) | | | | | | 12.79% | | | | | | 200,000 | | | | | | 25,720 | | | | | | 1.26% | | |
Anson Investments Master Fund LP(3)
|
| | | | 125,000(4) | | | | | | 7.40% | | | | | | 125,000 | | | | | | 0 | | | | | | * | | |
Armistice Capital Master Fund Ltd.(5)
|
| | | | 159,000(6) | | | | | | 9.41% | | | | | | 125,000 | | | | | | 34,000 | | | | | | 1.66% | | |
Craig Schwabe(7)
|
| | | | 1,139(8) | | | | | | * | | | | | | 1,139 | | | | | | 0 | | | | | | * | | |
Noam Rubinstein(7)
|
| | | | 11,396(9) | | | | | | * | | | | | | 10,632 | | | | | | 764 | | | | | | * | | |
Michael Vasinkevich(7)
|
| | | | 23,206(10) | | | | | | 1.46% | | | | | | 21,642 | | | | | | 1,564 | | | | | | * | | |
Charles Worthman(7)
|
| | | | 362(11) | | | | | | * | | | | | | 337 | | | | | | 25 | | | | | | * | | |
| | |
AMOUNT
|
| |||
SEC registration fee
|
| | | $ | 242.77 | | |
Printing and related expenses
|
| | | $ | 2,500 | | |
Legal fees and expenses
|
| | | $ | 20,000 | | |
Accounting fees and expenses
|
| | | $ | 10,000 | | |
Miscellaneous expenses
|
| | | $ | 1,000 | | |
Total
|
| | | $ | 33,742.77 | | |
|
/s/ Peter H. Nielsen
Peter H. Nielsen
President, Chief Executive Officer (Principal Executive Officer), Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) and Director |
| |
April 24, 2024
|
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/s/ Heath W. Cleaver
Heath W. Cleaver
Director |
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April 24, 2024
|
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/s/ Paul D. Aubert
Paul D. Aubert
Director |
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April 24, 2024
|
|
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/s/ Aline Sherwood
Aline Sherwood
Director |
| |
April 24, 2024
|
|
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/s/ Douglas P. Morris
Douglas P. Morris
Director and Secretary |
| |
April 24, 2024
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