Subsequent Events

9 Months Ended

Sep. 30, 2021

Subsequent Events [Abstract]

Subsequent Events

NOTE 20. SUBSEQUENT EVENTS

The Company evaluates events that have occurred after the balance sheet date but before the financial statements are issued.

On October 15, 2021, a holder of the Notes exchanged $5.0 million in aggregate principal amount of Notes held by it for 657,256 shares of the Company's common stock pursuant to its respective exchange agreement. The closing completed the Exchange Transactions pursuant to the exchange agreements entered into by the Company and certain holders of the Notes on September 22, 2021. See Note 17, Stockholders’ Equity for further information.

On October 29, 2021, the Company closed the final second tranche in connection with the September 2021 Securities Purchase Agreement and issued to the Schuler Purchasers an aggregate of 1,318,182 Series A Preferred Shares for total proceeds of approximately $10.2 million. See Note 17, Stockholders’ Equity for further information.