Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.22.1
Stockholders' Equity (Tables)
6 Months Ended
Feb. 28, 2022
Equity [Abstract]  
Schedule of Stockholders' Equity Note, Warrants or Rights
The following table summarizes the changes in the Company’s common stock and Prefunded  Warrants from August 31, 2021 to February 28, 2022.
  Number
of
shares
Weighted
average
remaining
life
(years)
Weighted
average
exercise
price
Warrants outstanding, August 31, 2021 9,592,085  4.7 $ 3.87 
Issued 22,470,104  4.7 1.58 
(Cancelled) —  —  — 
(Exercised) (4,948,453) 4.3 1.2 
Warrants outstanding, February 28, 2022 27,113,736  4.7 2.83 
Warrants exercisable, February 28, 2022 16,840,654  4.2 $ 0.95 
The following table summarizes the Company’s warrants outstanding as of February 28, 2022:
  Warrants
Outstanding
Weighted average
Life of
Outstanding
Warrants
in years
Exercise
price
Jan 2022 Common Warrants(1)
9,896,906  5.4 $ 1.55 
Sep 2021 Common Warrants 7,523,511  4.5 1.60 
Sep 2021 Prefunded Warrants(2)
4,673,511  4.5 N/A
Sep 2021Underwriter Warrants (3)
376,176  4.5 1.75 
May 2021Underwriter Warrants 247,423  4.2 2.43 
October 2020 Common Warrants 2,300,000  3.6 3.30 
October 2020 Underwriter Warrants 200,000  3.6 3.30 
February 2021 Common Warrants 1,277,580  3.2 5.40 
February 2021 Underwriter Warrants 111,108  3.2 5.40 
March 2020 Exchange Warrants 423,669  3.6 10.17 
Amended March 2019 Warrants 66,288  2.0 40.00 
March 2019 Services Warrants 3,366  2.0 70.00 
June 2018 Warrants 6,276  1.8 40.00 
June 2018 Services Warrants 5,422  1.8 99.60 
2017 PIPE Warrants 2,500  0.3 276.00 
  27,113,736  4.7 $ 2.22 
(1)The January 2022 Common Warrants are exercisable commencing on July 28, 2022 and terminate on July 28, 2027..
(2)The September 2021 Prefunded Warrants were sold as part of a Prefunded Warrant Unit as described above at a nominal price of $0.0001 per share.
(3)The September 2021 Placement Agent Warrants become exercisable six months from issuance and expire four years from the effective date (which has not yet occurred) of the registration statement covering the resale of the underlying shares.