Annual report pursuant to Section 13 and 15(d)

Subsequent Events

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Subsequent Events
12 Months Ended
Sep. 30, 2020
Subsequent Events [Abstract]  
Subsequent Events

14. Subsequent Events

 

The Company has evaluated subsequent events from the balance sheet date through December 17, 2020, the date at which the consolidated financial statements were available to be issued, and there are no other items requiring disclosure except the following:

 

Series B Warrant Exercises

 

Through December 17, 2020, an aggregate of 2,266,290 Series B warrants were net shares settled, resulting in the issuance of 2,266,202 shares of common stock. As of December 17, 2020, 42,373 Series B warrants remain outstanding.

 

Through December 17, 2020, all of the Chanticleer warrants to purchase 186,161 shares of common stock with an exercise price of $0.01 per share were net share settled, resulting in the issuance of 185,422 shares of common stock.