| | | | | | | | | | | Five-Year Warrants | | |||||
| | | | | | | | | Common | | Investor | | Placement Agent | | | | |
Issuance | | | Gross | | Issuance | | Stock | | Warrants | | Warrants | | Exercise | | |||
Date | | | Proceeds | | Costs | | (Shares) | | (Shares) | | (Shares) | | Price | | |||
| | | | | | | | | | | | | | | | | |
02/16/12 | | | $ | 1,050,000 | | $ | 62,975 | | 480,000 | | 240,000 | | 25,360 | | $ | 3.02 | |
08/14/12 | [1] | | | 265,000 | | | - | | 121,143 | | 60,571 | | - | | $ | 2.19 | |
09/28/12 | [2] | | | 25,000 | | | - | | 11,429 | | 5,714 | | - | | $ | 2.19 | |
10/11/12 | [2] | | | 5,000 | | | - | | 2,286 | | 1,143 | | - | | $ | 2.19 | |
11/08/12 | [3] | | | 815,000 | [4] | | 24,500 | | 372,572 | | 372,572 | [5] | 8,000 | [5] | $ | 2.19 | |
2012 Total | | | | 2,160,000 | | | 87,475 | | 987,430 | | 680,000 | | 33,360 | | | | |
| | | | | | | | | | | | | | | | | |
02/22/13 | | | | 380,500 | | | - | | 107,372 | | 107,372 | | - | | $ | 4.24 | |
04/11/13 | | | | 236,000 | | | 37,100 | | 66,596 | | 66,596 | | 6,660 | | $ | 4.24 | |
04/22/13 | | | | 576,000 | | | 55,100 | | 162,540 | | 162,540 | | 13,150 | | $ | 4.24 | |
05/31/13 | | | | 288,000 | | | 31,300 | | 81,270 | | 81,270 | | 8,127 | | $ | 4.24 | |
06/28/13 | | | | 1,976,925 | | | 62,632 | | 557,862 | | 557,862 | | 17,674 | | $ | 4.24 | |
11/14/13 | | | | 6,000,000 | [6] | | - | | 1,672,474 | | 836,237 | | - | | $ | 5.69 | |
11/18/13 | | | | 7,000,000 | | | 494,000 | | 1,951,220 | | 975,610 | | 136,490 | | $ | 5.69 | |
2013 Total | | | | 16,457,425 | | | 680,132 | | 4,599,334 | | 2,787,487 | | 182,101 | | | | |
| | | | | | | | | | | | | | | | | |
Total | | | $ | 18,617,425 | | $ | 767,607 | | 5,586,764 | | 3,467,487 | | 215,461 | | | | |
[1] | Includes 86,857 shares of common stock and five-year warrants to purchase 43,429 shares of common stock at an exercise price of $2.19 per share issued to certain officers and members of the Board of Directors in exchange for gross proceeds of $190,000. |
[2] | Issued to a member of the Board of Directors. |
[3] | Includes 89,143 shares of common stock and five-year warrants to purchase 89,143 shares of common stock at an exercise price of $2.19 per share issued to certain members of the Board of Directors for gross proceeds of $195,000. |
[4] | Includes $50,000 represented by the conversion of debt. |
[5] | See Note 15 Fair Value Measurement for details regarding the fair value of the warrant liability recorded in connection with these issued warrants. |
[6] | See Note 9 Commitment and Contingencies for details regarding the Celgene License, Marketing, and Development Agreement and Supply Agreement. |