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Subsequent Events
9 Months Ended
Sep. 30, 2023
Subsequent Events  
Subsequent Events

Note 8 – Subsequent Events

 

During October 2023, the Company raised gross proceeds of approximately $6,800,000 through its initial public offering (“IPO”), with net proceeds of approximately $5,435,000 after deducting underwriting discounts and commissions.  In addition, the Company issued warrants to the underwriters to purchase up to 170,000 shares of the Company’s common stock at an exercise price of $5.20 per share.  The warrants have a term of five years.  As a result of the IPO, the Company’s shares began trading on the Nasdaq Capital Market. 

 

Management has evaluated events that occurred subsequent to the end of the reporting period and there are no other subsequent events to report.