 Helius also agreed to issue to the investors unregistered warrants to purchase up to 6,257,144 shares of its common stock. The warrants have an exercise price of 0.46 per share of common stock, will be exercisable on September 20, 2020, and will expire five years following the initial exercisability date. The closing of the sale of the securities is expected to occur on or about March 20, 2020, subject to the satisfaction of customary closing conditions. 