Annual report pursuant to Section 13 and 15(d)

Subsequent Events

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Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Event [Abstract]  
Subsequent Events

Note 9 - Subsequent Events

 

Since December 31, 2019, the Company sold 9.5 million common shares through its at-the-market program and realized net proceeds of $2.6 million.

 

Since December 31, 2019, the Company sold 0.8 million shares to Lincoln Park and received $0.2 million.

 

On April 24, 2020, the Company issued and sold 210.8 million shares of common stock (or pre-funded warrants to purchase shares of common stock in lieu thereof). The price to the public in this offering for each share of common stock was $0.15, and the price to the public in this offering for each pre-funded warrant was $0.1499. Each pre-funded warrant has an exercise price of $0.0001 per share. The pre-funded warrants are exercisable immediately upon issuance until all of the pre-funded warrants are exercised in full. The warrants are subject to certain limitations on beneficial ownership. Gross proceeds from this offering to Actinium were $31.6 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. Net proceeds from this offering were $29.1 million.