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Common Stock Warrants
12 Months Ended
Dec. 31, 2021
Common Stock Warrants  
Common Stock Warrants

12)    Common Stock Warrants

Upon the consummation of the Merger as disclosed in Note 1, Neurotrope warrants issued and outstanding as of December 1, 2020 were converted into equivalent warrants to purchase common stock of Petros and were adjusted to give effect to the Exchange Ratio set forth in the Merger Agreement. The following is a summary of warrants for the year ended December 31, 2021:

    

Number of Shares

Warrants outstanding at December 1, 2020

 

4,407,962

Warrants issued

 

Warrants exercised

 

Warrants expired

Warrants outstanding at December 31, 2020

4,407,962

Warrants issued

7,853,558

Warrants exercised

(2,014,586)

Warrants expired

(207,913)

Warrants outstanding at December 31, 2021

 

10,039,021

As of December 31, 2021, the Company’s warrants by expiration date were as follows:

Number of Warrants

    

Exercise Price

    

Expiration Date

2,780

 

1.60

August 23, 2023

22,800

 

35.65

June 1, 2024

74,864

 

21.85

June 17, 2024

20,043

 

31.25

June 19, 2024

22,800

 

26.55

September 1, 2024

10,500

 

12.738

September 16, 2024

22,800

 

4.30

December 1, 2024

28,000

 

5.65

March 2, 2025

28,000

 

7.30

June 1, 2025

28,000

 

5.50

September 1, 2025

28,000

 

4.705

December 1, 2025

2,221,829

 

7.50

December 1, 2025

908,498

 

17.50

December 1, 2025

623,303

 

51.25

December 1, 2025

157,832

 

125.00

December 1, 2025

1,751,311

1.715

October 18, 2026

2,337,719

3.50

December 12, 2026

1,749,942

3.50

December 27, 2026

10,039,021