The shares are being issued to the Selling Securityholders at fixed conversion prices determined by prior agreements:
Series A and B Preferred Stock: $1.00 per share (effective purchase price as low as $0.0618 due to adjustments).
Series C Preferred Stock: $0.20 per share.
Warrant Exercise Prices:
Series C Warrants: $0.098 per share.
Preferred Warrants: $800 per share of preferred stock, which converts to common stock at $0.0618 per share.