Stock Warrants |
As of December 31, 2020 and 2019, the Company had warrants outstanding to purchase the underlying number of shares of common stock as shown in the table below.
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December 31, |
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2020 |
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2019 |
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8,842,464 |
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— |
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1,599,645 |
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1,599,645 |
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1,400,000 |
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1,400,000 |
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505,617 |
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— |
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— |
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18,915 |
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2,567 |
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15,350 |
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Warrants to purchase common stock |
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12,350,293 |
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3,033,910 |
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Weighted-average exercise price per share |
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$ |
9.14 |
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$ |
22.61 |
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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 and the corresponding exercise price at December 31, 2020:
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Shares Underlying Outstanding Warrants |
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9,348,652 |
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September 1, 2021 – May 27, 2023 |
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1,599,645 |
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July 25, 2022 |
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1,401,996 |
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January 3, 2021 - January 5, 2022 |
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12,350,293 |
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