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SHARE CAPITAL
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
SHARE CAPITAL

NOTE 5 - SHARE CAPITAL

 

Share Capital Developments:

 

As of September 30, 2022 and December 31, 2021, the Company had 7,108,133 shares of Common Stock issued and outstanding.

 

Employee Stock Option Grants:

 

During the nine months ended September 30, 2022, the Company granted to Mr. Harel Gadot, the Company’s Chairman of the Board, President and CEO, options to purchase an aggregate of 100,000 shares of the Common Stock, at an exercise price per share of $6.48. The stock options vest over a period of three years as outlined in the option agreements evidencing such grants.

 

During the nine months ended September 30, 2022, the Company granted to certain employees, consultants and directors, options to purchase an aggregate of 214,822 shares of the Common Stock, at an average exercise price per share of $5.87. The stock options vest over a period of three years as outlined in the option agreements evidencing such grants.