Annual report pursuant to Section 13 and 15(d)

Relief Acquisition (Tables)

v3.20.4
Relief Acquisition (Tables)
 12 Months Ended
Sep. 30, 2020
Relief Acquisition  
Schedule of Assets and Liability Acquired

The acquisition consideration and assets acquired and liabilities assumed are as follows:

 

Fair value of common stock issued:   $ 6,700,128  
         
Assets acquired:        
Cash   $ 16,194  
Prepaid expenses and other current assets     29,311  
In-process research and development     6,826,495  
Total assets acquired     6,872,000  
         
Liabilities assumed:        
Accounts payable     45,757  
Accrued expenses     126,115  
Total liabilities assumed     171,872  
         
Total net assets acquired   $ 6,700,128