|12 Months Ended|
Dec. 31, 2019
|Subsequent Event [Abstract]|
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.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef