| Schedule of Warrants Outstanding |
As of June 30, 2016 and December 31, 2015, the Company
had warrants outstanding as shown in the table below.
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June 30,
2016
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December 31,
2015
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Note Warrants
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3,315,878 |
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3,315,878 |
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Class A Warrants
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6,880,333 |
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6,880,333 |
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PIPE Warrants
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2,364,066 |
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2,364,066 |
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Representative’s Warrant
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206,410 |
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206,410 |
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Placement Agent Warrants
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189,126 |
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189,126 |
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Other warrants (1)
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524,437 |
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547,294 |
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Warrants to purchase common stock
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13,480,250 |
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13,503,107 |
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Weighted-average exercise price per share
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|
$ |
5.03 |
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$ |
5.02 |
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| (1) |
Other warrants are comprised of
warrants issued prior to the Company’s IPO, generally in
exchange for services rendered to the Company. |
The following table summarizes information regarding the
Company’s warrants outstanding at June 30, 2016:
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Exercise Prices
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Shares
Underlying
Outstanding
Warrants |
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Expiration Date
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£ $4.00
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3,565,549 |
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August 31, 2016 – September 1, 2021 |
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$4.01-$4.99
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7,069,459 |
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February 1, 2017 – June
11, 2020 |
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$5.00 - $9.99
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2,656,900 |
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December 10, 2016 – June 27, 2021 |
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³ $10.00
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188,342 |
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August 31, 2016 – January 5, 2022 |
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13,480,250 |
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