XML 11 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Offerings - Offering: 1
May 16, 2025
USD ($)
shares
$ / shares
Offering:  
Other Rule true
Security Type Equity
Security Class Title Common Stock, $0.01 par value per share
Amount Registered | shares 9,000,000
Proposed Maximum Offering Price per Unit | $ / shares 12.02
Maximum Aggregate Offering Price $ 108,180,000
Fee Rate 0.01531%
Amount of Registration Fee $ 16,562.36
Offering Note
(1)
Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement also relates to such indeterminate number of additional shares of Common Stock as may be issuable under the employment inducement executive stock option grants to prevent dilution in the event of a stock dividend, stock split, recapitalization, or other similar changes in the capital structure, merger, consolidation, spin-off, split-off, spin-out, split-up, reorganization, partial or complete liquidation, or other distribution of assets, issuance of rights or warrants to purchase securities, or any other corporate transaction or event having an effect similar to any of the foregoing.
(2)
Estimated pursuant to Rules 457(c) and 457(h) under the Securities Act solely for the purpose of calculating the registration fee. The price of $12.02 per share represents the average of the high and low sales prices of the registrant’s common stock as reported on the New York Stock Exchange on May 9, 2025.