Stockholders' Equity

3 Months Ended

Mar. 31, 2019

9. Stockholders' Equity

Common Stock

On May 18, 2018, the stockholders of Jaguar approved at the 2018 Annual Meeting of Stockholders of the Company and the Board approved, in accordance with the authority granted by the Company's stockholders at the Annual Meeting, a 1‑for‑15 reverse stock split of the Company's issued and outstanding shares of common stock. On May 29, 2018, the Company filed the Certificate of Second Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the Reverse Stock Split, effective June 1, 2018.

On May 18, 2018, the stockholders of the Company approved at the Annual Meeting a proposal to decrease the number of authorized shares of common stock to 150,000,000 shares, contingent upon the approval of the Reverse Stock Split. On June 1, 2018, the Company filed a certificate of third amendment (the “Third Amendment”) to its certificate of incorporation, (“COI”), with the Secretary of State of the State of Delaware to decrease the total number of authorized shares of common stock so that the total number of the shares that the Company has authority to issue is 210,000,000 shares, of which 150,000,000 shares are common stock, 50,000,000 are non-voting common stock and 10,000,000 shares are “blank check” preferred stock.

As of March 31, 2019 and December 31, 2018, the Company had reserved shares of common stock for issuance as follows:


	March 31,	December 31,
	2019	2018
	(unaudited)
Options issued and outstanding	2,843,754	2,944,148
Inducement options issued and outstanding	208,865	208,865
Options available for grant under stock option plans	809,084	162,892
RSU awards issued and outstanding	392,904	392,904
Warrants issued and outstanding	5,027,495	2,427,653
Convertible notes	759,396	759,396
Preferred Convertible Stock	33,149,556	3,314,956
Total	43,191,054	10,210,814