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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
Exercise of Pre-funded Warrants
On April 8, 2024, the Company issued an aggregate of 3,809,523 shares of common stock at an exercise price of $0.01 to an investor upon exercise of pre-funded warrants issued as part of the Registered Direct Offering. Following this issuance, none of the pre-funded warrants sold in the Registered Direct Offering remain outstanding.
Nasdaq Deficiency Notice
On April 24, 2024, the Company received a deficiency notice (the “Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the bid price of the Company’s common stock had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements of Nasdaq Listing Rule 5450(a)(1). The Notice has no immediate effect on the listing of the Company’s common stock on the Nasdaq Global Select Market.