XML 53 R22.htm IDEA: XBRL DOCUMENT v3.19.3
NOTE 16 – SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2019
Subsequent Events [Abstract]  
NOTE 16 – SUBSEQUENT EVENTS

NOTE 16 – SUBSEQUENT EVENTS

 

On October 24, 2019, we entered into an underwriting agreement with J.P. Morgan Securities LLC, as representative of the underwriters, relating to an underwritten public offering of 26,000,000 shares of our Common Stock at a public offering price of $2.75 per share. We granted the underwriters an option, exercisable for a period of 30 days, to purchase up to 3,900,000 additional shares of Common Stock, which was exercised in full. The net proceeds from the offering were approximately $77.0 million, after deducting the underwriting discount and offering expenses payable by us. The offering closed on October 29, 2019.