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Warrants to Purchase Common Stock
9 Months Ended
Mar. 31, 2023
Warrants to Purchase Common Stock [Abstract]  
Warrants to Purchase Common Stock

Note 6 – Warrants to Purchase Common Stock

 

In connection with the Offering on December 22, 2022, the Company issued warrants of 29,067 to purchase common stock to the Placement Agents. The warrants carry a term of 5 years and an exercise price of $3.00. In connection with the Offering on January 10 and March 31, 2023, the Company issued warrants of 4,933 and 6,720, respectively, to purchase common stock to the Placement Agents. The warrants carry a term of 5 years and an exercise price of $3.00. 

 

The following warrants to purchase common stock were outstanding as of March 31, 2023:

 

Number of Shares   Exercise Price   Expiration Date
 360,000   $2.00   June 28, 2026
 29,067    3.00   December 22, 2027
 4,933    3.00    January 10, 2028
 6,720    3.00    March 31, 2028
 400,720