Stockholders' Equity

6 Months Ended

Mar. 31, 2018

NOTE 6. STOCKHOLDERS’ EQUITY

At March 31, 2018, the Company had a total of 150,000,000 shares of capital stock authorized for issuance, consisting of 145,000,000 shares of Common Stock, par value $0.001 per share, and 5,000,000 shares of Preferred Stock, par value $0.001 per share.

At March 31, 2018, 87,570,398 shares of Common Stock were outstanding. At March 31, 2018, 9,459,720 shares of Common Stock were reserved for issuance upon exercise of options and vesting of restricted stock units granted or available for grant under Arrowhead’s 2004 Equity Incentive Plan and 2013 Incentive Plan, as well as for inducement grants made to new employees.

On January 22, 2018, the Company sold 11,500,000 shares of Common Stock in a fully underwritten public offering, at a public offering price of $5.25 per share. Net proceeds to the Company were approximately $56.6 million after deducting underwriting commissions and discounts and other offering expenses payable by the Company.

The following table summarizes information about warrants outstanding at March 31, 2018:

Exercise prices		Number of Warrants		Remaining Life in Years
$	7.14		80,000		0.2
Total warrants outstanding			80,000