Note 13 - Subsequent Events |
6 Months Ended | ||
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Jun. 30, 2018 | |||
Notes to Financial Statements | |||
Subsequent Events [Text Block] |
For its interim financial statements as of June 30, 2018 and for the three and six months ended June 30, 2018, the Company evaluated subsequent events through March 12, 2019, the date on which those financial statements were reissued.(i)
2018 At-The-Market (“ATM”) FacilitySubsequent to June 30, 2018, the Company issued 2,733,117 shares under this ATM equity facility at an average price of $2.13 for gross proceeds of $5.82 million ($5.64 million net of share issue costs). Costs associated with the proceeds consisted of a 3% cash commission.(ii)
2018 Share Purchase AgreementSubsequent to the quarter end, the Company issued
4,167,502 shares under the 2018 Aspire Purchase Agreement at an average price of $1.90 per share for gross and net proceeds of approximately $7.93 million. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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