XML 28 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Subsequent Events
3 Months Ended
Sep. 30, 2017
Subsequent Events [Abstract]  
Subsequent Events

Note 11 – Subsequent Events

 

October 20, 2017, the Company was approved for listing and began trading on The NASDAQ Capital Market under the company’s current ticker symbol, AYTU.

 

On October 24, 2017, Aytu entered into a 24-month extension of our operating lease for the Englewood, Colorado office space. The base rent will remain at $9,000 per month.

 

On October 25, 350 of our preferred shares outstanding converted into 116,666 shares of our common stock.

 

On October 25, Aytu issued 61,000 shares to Nuelle shareholders as a prepayment for the fiscal 2018 earn-out payment that will be due to them.

 

On November 7, 2017, Aytu issued 495,000 restricted shares to executives, directors and consultants.