The Company has issued common stock warrants to consultants for services and preferred stock warrants to lenders in connection with its debt agreements. Upon effectiveness of the Company’s Registration Statement and the filing of its Certificate of Incorporation in Delaware on September 26, 2013, all outstanding preferred stock warrants automatically converted to Class B common stock warrants. As of December 31, 2013, outstanding warrants to purchase shares of Class B common stock were as follows(number of warrant shares in thousands):
Class of shares |
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Number of |
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Weighted- |
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Weighted- |
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Common stock |
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502 |
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|
$ |
5.05 |
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|
5.9 |
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