9. Stock Warrants
As of June 30, 2015 and December 31, 2014, the Company
had warrants outstanding as shown in the table below.
|
|
|
|
|
|
|
|
|
| |
|
June 30,
2015
|
|
|
December 31,
2014
|
|
|
Warrants to purchase common stock
|
|
|
17,059,672 |
|
|
|
14,577,361 |
|
|
Weighted-average exercise price per share
|
|
$ |
4.85 |
|
|
$ |
4.32 |
|
The following table summarizes information regarding the
Company’s warrants outstanding at June 30, 2015:
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|
|
|
|
|
|
|
Exercise Prices
|
|
Shares
Underlying
Outstanding
Warrants
|
|
|
Expiry Date |
|
£ $4.00
|
|
|
7,025,371 |
|
|
August 31, 2016
–
September 1, 2021 |
|
$4.01 - $4.99
|
|
|
7,069,459 |
|
|
October 31, 2015 –
June 11, 2020 |
|
$5.00 - $9.99
|
|
|
2,776,500 |
|
|
August 6, 2015 –
June 27, 2021 |
|
³ $10.00
|
|
|
188,342 |
|
|
August 31, 2016 –
January 5, 2022 |
|
|
|
|
|
|
|
|
|
|
17,059,672 |
|
|
|
|
|
|