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Subsequent Events
6 Months Ended
Jun. 30, 2021
Subsequent Events  
Subsequent Events

11. Subsequent Event

On July 12, 2021, Vista closed a public offering of 12,272,730 units of the Company (the “Units), at a price of $1.10 per Unit, for aggregate gross proceeds of approximately $13,500, prior to deductions for underwriting discounts, commissions and other costs. Each Unit consisted of one Common Share and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable from the date of issuance for thirty-six months and entitles the holder thereof to purchase one Common Share upon exercise at an exercise price of $1.25 per Common Share. In addition, the underwriter partially exercised its option to purchase an additional 920,454 Warrants. We also issued 351,282 underwriter warrants to the underwriters in the offering, with terms identical to the Warrants.