Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v3.3.0.814
Stockholders' Equity
9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Stockholders' Equity

8. Stockholders’ Equity

The Company is authorized to issue 100,000,000 shares of common stock with a par value of $0.0001 per share as of September 30, 2015.

In July 2015, the Company issued 8,188,000 shares of its common stock at $2.81 per share in an underwritten public offering. Net proceeds to the Company in connection with this offering were approximately $21.1 million after deducting underwriting discounts, commissions and other offering expenses.

As of September 30, 2015 and December 31, 2014, the Company had reserved shares of authorized but unissued common stock as follows:

 

     September 30,
2015
     December 31,
2014
 
     (unaudited)         

Common stock warrants

     1,667,398         1,768,347   

Equity incentive plans

     2,284,421         1,549,616   
  

 

 

    

 

 

 

Total reserved shares of common stock

     3,951,819         3,317,963