 In addition, the Company has entered into a definitive agreement with Syntone Ventures, LLC Syntone for the purchase and sale, in a private placement priced at-the-market under Nasdaq rules, of 823,045 shares of its common stock at a purchase price of 1.215 per share, for aggregate gross proceeds of approximately 1.0 million. The closing of the sale of the shares of common stock in the registered direct offering is expected to occur on or about June 24, 2020, subject to the satisfaction of customary closing conditions. 