Ask HN: Can someone explain this SEC filing?
Our Company just raised another round of funding (5MM). I took a peak at the SEC filing and it was confusing. See below:
Total Offering Amount $18,500,000 USD Total Amount Sold $9,777,138 USD Total Remaining to be Sold $8,722,862 USD
Clarification of Response (if Necessary): Warrants with an aggregate exercise price of approximately $4,933 were issued in connection with the financing; such amount is not included in the above figure.
What does this mean?
Note: I intentionally omitted the link to the actual filing itself.