Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.21.2
Stockholders' Equity (Tables)
12 Months Ended
Aug. 31, 2021
Stockholders' Equity.  
Summary of warrants outstanding

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

average

 

Weighted

 

 

Number

 

remaining

 

average

 

 

of

 

life

 

exercise

 

    

shares

    

(years)

    

price

Warrants outstanding, August 31, 2020

 

1,896,209

 

4.7

 

$

7.91

Issued

 

10,324,329

 

4.6

 

 

2.03

(Cancelled)

 

 —

 

 —

 

 

 —

(Exercised)

 

(2,628,453)

 

4.8

 

 

 —

Warrants outstanding, August 31, 2021

 

9,592,085

 

5.7

 

$

3.02

Warrants exercisable, August 31, 2021

 

9,344,662

 

4.4

 

$

3.84

 

Summary of information about warrants outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

average

 

 

 

 

 

 

 

Life of

 

 

 

 

 

 

 

Outstanding

 

 

 

 

 

Warrants

 

Warrants

 

Exercise

 

    

Outstanding

    

in years

    

price

May 2021 Common Warrants

 

4,948,453

 

4.8

 

$

2.43

May 2021Underwriter Warrants (1)

 

247,423

 

4.2

 

 

2.67

October 2020 Common Warrants

 

2,300,000

 

4.1

 

 

3.30

October 2020 Underwriter Warrants

 

200,000

 

4.1

 

 

3.30

May 2020 Common Warrants

 

1,277,580

 

3.8

 

 

5.40

May 2020 Underwriter Warrants

 

111,108

 

3.8

 

 

5.40

March 2020 Exchange Warrants

 

423,669

 

4.1

 

 

10.17

Amended March 2019 Warrants

 

66,288

 

2.5

 

 

40.00

March 2019 Services Warrants

 

3,366

 

2.5

 

 

70.00

June 2018 Warrants

 

6,276

 

2.3

 

 

40.00

June 2018 Services Warrants

 

5,422

 

2.3

 

 

99.60

2017 PIPE Warrants

 

2,500

 

1.0

 

 

276.00

 

 

9,592,085

 

4.4

 

$

3.84


The May 2021 Underwriter Warrants are not exercisable until November 17, 2021.