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SUBSEQUENT EVENTS
6 Months Ended
Mar. 31, 2025
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

13. SUBSEQUENT EVENTS

 

The Company evaluated subsequent events, for the purpose of adjustment or disclosure, up through the date the financial statements were issued. Subsequent to March 31, 2025 the Company had the following material transaction that requires disclosure:

 

The Company issued 1,329,276 shares and received proceeds of $773,917 related to the Demand Sales Agreement with JonesTrading Institutional Services LLC.

 

The Company issued 1,946,369 shares of our common stock related to principal payments of convertible debt settled with a common stock issuance for a total value of $758,600.

 

Employees, board members and consultants of the Company voluntarily cancelled stock option grants to purchase 599,715 shares of the Company’s common stock.

 

The Company issued 720,000 shares of the Company’s common stock to employees, board members and consultants.