Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.23.2
Subsequent Events
6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events

14. Subsequent Events

 

On July 11, 2023, the Company completed the automatic conversion of the Series A-1 convertible preferred stock whereby each share of Series A-1 preferred stock converted into a Unit consisting of a combination of common stock, Series A-2 convertible preferred stock, and three tranches of warrants exercisable for additional preferred stock. The conversion resulted in the issuance of 19,516,205 shares of common stock. After the conversion, there were a total of 34,752,221 shares of common stock outstanding. See Note 10 for further details.