Item 1.01. Entry into a Material Definitive Agreement.
Effective
The Note matures 12 months after the date of the note on
The Warrant entitles Talos to purchase up to 7,593,750 shares of the Company's
common stock at an exercise price of
The foregoing descriptions of the SPA, Note and the Warrant do not purport to be complete and are qualified in their entirety by reference to the full text of the SPA, Note and the Warrant, copies of which are filed as Exhibits 10.1, 10.2 and 10.3, respectively, to this Current Report on Form 8-K and incorporated by reference herein.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information provided above in Item 1.01 herein is incorporated by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits.
Exhibit No.: Description of Exhibit 10.1* Securities Purchase Agreement datedMay 2, 2022 , between the Company andTalos Victory Fund, LLC 10.2* Promissory Note datedMay 2, 2022 ,$135,000 principal amount, issued by the Company in favor ofTalos Victory Fund, LLC 10.3* Warrant datedMay 2, 2022 , issued by the Company to Talos VictoryFund, LLC 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)
___________________
* Filed herewith. 2
© Edgar Online, source