Stockholders’ Equity |
6 Months Ended |
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Jun. 30, 2021 | |
Equity [Abstract] | |
Stockholders’ Equity |
Note 15: Stockholders’ Equity
Common Stock
As of June 30, 2021, the total number of authorized shares of Common Stock was .
On March 22, 2020, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain long-standing investors (the “Investors”), pursuant to which the Company agreed to issue and sell, in a registered direct offering by the Company directly to the Investors (the “Registered Offering”), an aggregate of 1.0 million before deducting offering expenses. The Registered Offering closed on March 25, 2020. shares of common stock at an offering price of $0.2568 per share for gross proceeds of approximately $
As of June 30, 2021 and December 31, 2020, there were and shares of common stock outstanding, respectively.
On January 6, 2021, the Company issued shares of the Company’s common stock valued at $ per share for marketing services.
On January 21, 2021, the Company issued shares of the Company’s common stock valued at $ per share for marketing services.
On February 1, 2021, the Company issued shares of the Company’s common stock valued at $ per share as partial consideration for the ChizComm acquisition.
On February 4, 2021, the Company issued shares of the Company’s common stock valued at $ per share as partial consideration for the ChizComm acquisition.
On May 14, 2021, the Company issued shares of the Company’s common stock valued at $ per share for production services.
Preferred Stock
The Company has 10,000,000 shares of preferred stock authorized with a par value of $0.001 per share. The Board of Directors is authorized, subject to any limitations prescribed by law, without further vote or action by our stockholders, to issue from time-to-time shares of preferred stock in one or more series. Each series of preferred stock will have such number of shares, designations, preferences, voting powers, qualifications and special or relative rights or privileges as shall be determined by our Board of Directors, which may include, among others, dividend rights, voting rights, liquidation preferences, conversion rights and preemptive rights.
There were no shares of preferred stock outstanding as of June 30, 2021 and December 31, 2020.
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