PTN · Palatin Technologies Inc
The latest filing states the doubt was alleviated.
“While the Company has raised funding in the past, the ability to raise funding in future periods is not considered probable, as defined under the accounting standards. As such, under the requirements of ASC 205-40, management may not consider the potential for future funding in their assessment of the Company's ability to meet its obligations for the next year. Based on the Company's current operating and development plans, including the ability to reduce or delay operating expenses that are within management's control, the Company expects that its existing cash and cash equivalents as of the date of this filing will be sufficient to enable it to fund operations through the next twelve months following the issuance of the financial statements.”View the 10-Q filed May 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-07-15 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 15, 2026, with the per share value of $11.77 determined as of June 22, 2026, the date of vesting, for a grant of 79 shares less the 22 shares withheld. |
Common Stock
|
22 |
| 2026-07-15 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 15, 2026, with the per share value of $11.72 determined as of June 20, 2026, the date of vesting, for a grant of 330 shares less the 119 shares withheld. |
Common Stock
|
119 |
| 2026-07-15 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 15, 2026, with the per share value of $11.77 determined as of June 22, 2026, the date of vesting, for a grant of 91 shares less the 33 shares withheld. |
Common Stock
|
33 |
| 2026-07-15 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 15, 2026, with the per share value of $11.72 determined as of June 20, 2026, the date of vesting, for a grant of 287 shares less the 79 shares withheld. |
Common Stock
|
79 |
| 2026-07-15 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 15, 2026, with the per share value of $14.34 determined as of June 4, 2026, the date of vesting, for a grant of 345 shares less the 94 shares withheld. |
Common Stock
|
94 |
| 2026-07-15 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 15, 2026, with the per share value of $14.34 determined as of June 4, 2026, the date of vesting, for a grant of 395 shares less the 142 shares withheld. |
Common Stock
|
142 |
| 2025-12-30 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended December 30, 2025, with the per share value determined as of December 8, 2025, the date of vesting, for a grant of 95 shares less the 26 shares withheld. |
Common Stock
|
26 |
| 2025-12-30 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended December 30, 2025, with the per share value determined as of December 8, 2025, the date of vesting, for a grant of 110 shares less the 40 shares withheld. |
Common Stock
|
40 |
| 2025-12-30 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended December 30, 2025, with the per share value determined as of December 8, 2025, the date of vesting, for a grant of 380 shares less the 138 shares withheld. |
Common Stock
|
138 |
| 2025-12-30 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended December 30, 2025, with the per share value determined as of December 8, 2025, the date of vesting, for a grant of 345 shares less the 95 shares withheld. |
Common Stock
|
95 |
| 2025-12-30 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended December 30, 2025, with the per share value determined as of December 8, 2025, the date of vesting, for a grant of 330 shares less the 91 shares withheld. |
Common Stock
|
91 |
| 2025-12-30 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended December 30, 2025, with the per share value determined as of December 8, 2025, the date of vesting, for a grant of 395 shares less the 143 shares withheld. |
Common Stock
|
143 |
| 2025-12-24 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Sell↓
Filing footnotes — Common Stock (Direct)
Sale made for estate planning purposes. |
Common Stock
|
565 |
| 2025-12-09 | SPANA CARL |
Director, President and CEO |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Performance-based Stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 20, 2023, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. |
Stock Option (Right to Buy)
|
595 |
| 2025-12-09 | SPANA CARL |
Director, President and CEO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 4, 2024, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025. |
Common Stock
|
395 |
| 2025-12-09 | PRENDERGAST JOHN K A |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The restricted share units vest on December 9, 2026. The restricted share units were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of the restricted stock units. |
Common Stock
|
1,300 |
| 2025-12-09 | PRENDERGAST JOHN K A |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The restricted share units vest as to 50% on December 9, 2026 and as to the remaining 50% on December 9, 2027. The restricted share units were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of the restricted stock units. |
Common Stock
|
1,300 |
| 2025-12-09 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 22, 2022, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025. |
Common Stock
|
95 |
| 2025-12-09 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Performance-based stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 22, 2022, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. |
Stock Option (Right to Buy)
|
142 |
| 2025-12-09 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Performance-based Stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 20, 2023, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. |
Stock Option (Right to Buy)
|
518 |
| 2025-12-09 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 20, 2023, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025. |
Common Stock
|
330 |
| 2025-12-09 | PRENDERGAST JOHN K A |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Stock Options granted under the 2011 Stock Incentive Plan, the option vests on December 9, 2026, and in the event that the director does not serve until December 31, 2026, is prorated based on the period of service at the rate of 1/12 per month on the last day of each month, starting on January 31, 2026. The options were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of the options. |
Stock Option (Right to Buy)
|
1,600 |
| 2025-12-09 | DUNTON ALAN W |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The restricted share units vest as to 50% on December 9, 2026 and as to the remaining 50% on December 9, 2027. The restricted share units were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of the restricted stock units. |
Common Stock
|
1,000 |
| 2025-12-09 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Performance-based stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 4, 2024, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. |
Stock Option (Right to Buy)
|
495 |
| 2025-12-09 | SPANA CARL |
Director, President and CEO |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Performance-based stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 4, 2024, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. |
Stock Option (Right to Buy)
|
568 |
| 2025-12-09 | DUNTON ALAN W |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The restricted share units vest on December 9, 2026. The restricted share units were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of the restricted stock units. |
Common Stock
|
1,000 |
| 2025-12-09 | Morris Arlene |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Stock Options granted under the 2011 Stock Incentive Plan, the option vests on December 9, 2026, and in the event that the director does not serve until December 31, 2026, is prorated based on the period of service at the rate of 1/12 per month on the last day of each month, starting on January 31, 2026. The options were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of options. |
Stock Option (Right to Buy)
|
2,400 |
| 2025-12-09 | PRENDERGAST JOHN K A |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Stock Options granted under the 2011 Stock Incentive Plan, the option vests as to 50% on December 9, 2026 and as to the remaining 50% on December 9, 2027. The options were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of options. |
Stock Option (Right to Buy)
|
1,600 |
| 2025-12-09 | DUNTON ALAN W |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Stock Options granted under the 2011 Stock Incentive Plan, the option vests on December 9,2026, and in the event that the director does not serve until December 31, 2026, is prorated based on the period of service at the rate of 1/12 per month on the last day of each month, starting on January 31, 2026. The options were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of the options. |
Stock Option (Right to Buy)
|
1,200 |
| 2025-12-09 | SPANA CARL |
Director, President and CEO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 22, 2022, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025. |
Common Stock
|
110 |
| 2025-12-09 | DUNTON ALAN W |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Stock Options granted under the 2011 Stock Incentive Plan, the option vests as to 50% on December 9, 2026 and as to the remaining 50% on December 9, 2027. The options were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of options. |
Stock Option (Right to Buy)
|
1,200 |
| 2025-12-09 | SPANA CARL |
Director, President and CEO |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Performance-based stock options granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, upon payment of the exercise price, one share of common stock. The performance condition stock option grant, made June 22, 2022, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. |
Stock Option (Right to Buy)
|
163 |
| 2025-12-09 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 4, 2024, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025. |
Common Stock
|
345 |
| 2025-12-09 | SPANA CARL |
Director, President and CEO |
Award↑
Filing footnotes — Common Stock (Direct)
Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The performance condition grant, made June 20, 2023, vested in part on December 9, 2025, upon certification by the Compensation Committee of a defined performance objective as to 100% of the target number of share units for the 18 months ending December 31, 2025. The shares have not been issued as of the date of this Form 4, but will be issued on or before the 60th day following December 9, 2025. |
Common Stock
|
380 |
| 2025-12-09 | Morris Arlene |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Stock Options granted under the 2011 Stock Incentive Plan, the option vests as to 50% on December 9, 2026 and as to the remaining 50% on December 9, 2027. The options were granted by the Compensation Committee on December 9, 2025, and there were no impediments to the grant of options. |
Stock Option (Right to Buy)
|
2,400 |
| 2025-11-14 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended November 14, 2025, with the per share value determined as of June 22, 2025, the date of vesting, for a grant of 330 shares less the 119 shares withheld. |
Common Stock
|
119 |
| 2025-11-14 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended November 14, 2025, with the per share value determined as of June 22, 2025, the date of vesting, for a grant of 287 shares less the 79 shares withheld. |
Common Stock
|
79 |
| 2025-11-14 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended November 14, 2025, with the per share value determined as of June 22, 2025, the date of vesting, for a grant of 91 shares less the 33 shares withheld. |
Common Stock
|
33 |
| 2025-11-14 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended November 14, 2025, with the per share value determined as of June 22, 2025, the date of vesting, for a grant of 79 shares less the 22 shares withheld. |
Common Stock
|
22 |
| 2025-11-14 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended November 14, 2025, with the per share value of determined as of June 4, 2025, the date of vesting, for a grant of 395 shares less the 142 shares withheld. |
Common Stock
|
142 |
| 2025-11-14 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended November 14, 2025, with the per share value determined as of June 20, 2025, the date of vesting, for a grant of 121 shares less the 33 shares withheld. |
Common Stock
|
33 |
| 2025-11-14 | SPANA CARL |
Director, President and CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended November 14, 2025, with the per share value determined as of June 20, 2025, the date of vesting, for a grant of 141 shares less the 51 shares withheld. |
Common Stock
|
51 |
| 2025-11-14 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended November 14, 2025, with the per share value determined as of June 4, 20245, the date of vesting, for a grant of 345 shares less the 95 shares withheld. |
Common Stock
|
95 |
| 2025-06-13 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Buy↑
Filing footnotes — Series D Preferred Stock (Direct)
Each share of Series D Convertible Preferred Stock has a stated value of $100 per share, and is convertible to common stock at an initial conversion price of $0.11 per share, for a total of 1,363,636 shares of common stock. The Series D Preferred Stock and Series I common stock purchase warrants were sold at a combined offering price of $0.11 per share of common stock obtainable upon conversion of the Series D Convertible Preferred Stock. |
Series D Preferred Stock
|
1,500 |
| 2025-06-13 | WILLS STEPHEN T |
Executive VP and CFO/COO |
Buy↑
Filing footnotes — Series I warrants (Direct)
Each share of Series D Convertible Preferred Stock has a stated value of $100 per share, and is convertible to common stock at an initial conversion price of $0.11 per share, for a total of 1,363,636 shares of common stock. The Series D Preferred Stock and Series I common stock purchase warrants were sold at a combined offering price of $0.11 per share of common stock obtainable upon conversion of the Series D Convertible Preferred Stock. The Series I warrants are exercisable on or after the date that approval is obtained from the Issuer's stockholders as may be required by the NYSE American (or any successor entity) (the "Stockholder Approval Date"), and will expire on the five-year anniversary of the Stockholder Approval Date, subject to the terms and conditions contained in such Series I warrant. |
Series I warrants
|
2,727,272 |
| 2025-06-13 | DUNTON ALAN W |
Director |
Buy↑
Filing footnotes — Series D Preferred Stock (Direct)
Each share of Series D Convertible Preferred Stock has a stated value of $100 per share, and is convertible to common stock at an initial conversion price of $0.11 per share, for a total of 181,818 shares of common stock. The Series D Preferred Stock and Series I common stock purchase warrants were sold at a combined offering price of $0.11 per share of common stock obtainable upon conversion of the Series D Convertible Preferred Stock. |
Series D Preferred Stock
|
200 |
| 2025-06-13 | SPANA CARL |
Director, President and CEO |
Buy↑
Filing footnotes — Series I warrants (Direct)
Each share of Series D Convertible Preferred Stock has a stated value of $100 per share, and is convertible to common stock at an initial conversion price of $0.11 per share, for a total of 1,363,636 shares of common stock. The Series D Preferred Stock and Series I common stock purchase warrants were sold at a combined offering price of $0.11 per share of common stock obtainable upon conversion of the Series D Convertible Preferred Stock. The Series I warrants are exercisable on or after the date that approval is obtained from the Issuer's stockholders as may be required by the NYSE American (or any successor entity) (the "Stockholder Approval Date"), and will expire on the five-year anniversary of the Stockholder Approval Date, subject to the terms and conditions contained in such Series I warrant. |
Series I warrants
|
2,727,272 |
| 2025-06-13 | DUNTON ALAN W |
Director |
Buy↑
Filing footnotes — Series I warrants (Direct)
Each share of Series D Convertible Preferred Stock has a stated value of $100 per share, and is convertible to common stock at an initial conversion price of $0.11 per share, for a total of 181,818 shares of common stock. The Series D Preferred Stock and Series I common stock purchase warrants were sold at a combined offering price of $0.11 per share of common stock obtainable upon conversion of the Series D Convertible Preferred Stock. The Series I warrants are exercisable on or after the date that approval is obtained from the Issuer's stockholders as may be required by the NYSE American (or any successor entity) (the "Stockholder Approval Date"), and will expire on the five-year anniversary of the Stockholder Approval Date, subject to the terms and conditions contained in such Series I warrant. |
Series I warrants
|
363,636 |
| 2025-06-13 | SPANA CARL |
Director, President and CEO |
Buy↑
Filing footnotes — Series D Preferred Stock (Direct)
Each share of Series D Convertible Preferred Stock has a stated value of $100 per share, and is convertible to common stock at an initial conversion price of $0.11 per share, for a total of 1,363,636 shares of common stock. The Series D Preferred Stock and Series I common stock purchase warrants were sold at a combined offering price of $0.11 per share of common stock obtainable upon conversion of the Series D Convertible Preferred Stock. |
Series D Preferred Stock
|
1,500 |
| 2025-05-07 | DEVEER ROBERT K JR |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
Weighted average of price paid per share on order. The reporting person hereby undertakes upon request to provide to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
Common Stock
|
100,000 |