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  • Preferred stock converted to common stock = 16,305,113 shares  +
  • Restricted stock granted = 1,101,856 shares  +
  • Reverse stock split effective date = January 3, 2023  +
  • Securities Act exemption for common shares = Section 3(a)(9)  +
  • Securities Act exemption for other securities = Section 4(a)(2), Rule 701  +
  • Stock option strike price = $15.00  +
  • Stock options granted = 759,990  +
  • Weighted average price of restricted stock = $16.07 per share  +