imci_ex107.htm

EX-FILING FEES 9 imci_ex107.htm FILING FEE TABLE imci_ex107.htm

EXHIBIT 107

Calculation of Filing Fee Tables

FORM S-1

(Form Type)

INFINITE GROUP, INC.

(Exact Name of Registrant as Specified in its Charter)

			Security Type		Security Class Title⁽¹⁾				Amount Registered				Proposed Maximum Offering Price Per Unit				Maximum Aggregate Offering Price⁽²⁾				Fee Rate				Amount of Registration Fee
Newly Registered Securities
Fees Previously Paid			Equity		Common Units each consisting of one share of Common Stock, par value $0.001 per share, and three Redeemable Warrants each to purchase one share of Common Stock ⁽³⁾					3,450,000				5.00			$	17,250,000.00				.0000927			$	1,599.08
N/A			Equity		Common Stock included as part of the Common Units ⁽⁴⁾					3,450,000				-				-				-				-
N/A			Equity		Redeemable Warrants each to purchase one share of Common Stock included as part of the Common Units ⁽⁴⁾					10,350,000				-				-				-				-
Fees Previously Paid			Equity		Pre-funded Units consisting of one Pre-funded Warrant to purchase one share of Common Stock and three Redeemable Warrants each to purchase one share of Common Stock ⁽³⁾⁽⁵⁾					3,450,000				-				-				-				-
N/A			Equity		Pre-funded Warrants each to purchase one share of Common Stock included as part of the Pre-funded Units⁽⁴⁾					3,450,000				-				-				-				-
N/A			Equity		Redeemable Warrants each to purchase one share of Common Stock included as part of the Pre-funded Units ⁽⁴⁾					10,350,000				-				-				-				-
Fees Previously Paid			Equity		Shares of Common Stock issuable upon exercise of the Redeemable Warrants ⁽⁶⁾⁽⁷⁾					6,900,000				-			$	34,500,000.00				.0000927			$	3,198.15
			Equity		Shares of Common Stock issuable upon exercise of the Redeemable Warrants ⁽⁶⁾⁽⁷⁾					3,450,000				-			$	17,250,000.00				.0000927			$	1,599.08
Fees Previously Paid			Equity		Shares of Common Stock issuable upon exercise of the Pre-funded Warrants ⁽⁵⁾⁽⁷⁾					-				-				-				-				-
N/A			Equity		Underwriter’s Warrants each to purchase one share of Common Stock ⁽⁸⁾					-				-				-				-				-
Fees Previously Paid			Equity		Shares of Common Stock issuable upon exercise of Underwriter’s Warrants ⁽⁸⁾					120,000				-				750,000.00				-			$	69.53
			Total Offering Amounts														$	69,750,000.00							$	6,465.83
			Total Fees Previously Paid																						$	4,866.75
			Net Fee Due																						$	1,599.08

1.	In the event of a stock split, stock dividend, or similar transaction involving our Common Stock, the number of shares registered shall automatically be increased to cover the additional shares of Common Stock issuable pursuant to Rule 416 under the Securities Act.

2.	Calculated pursuant to Rule 457(o) on the basis of the maximum aggregate offering price of all of the securities to be registered.

3.	Includes Common Stock, Pre-funded Warrants and/or Redeemable Warrants that may be issued upon exercise of a 45-day option granted to the underwriter to cover over-allotments, if any.

4.	No additional registration fee is payable pursuant to Rule 457(g) under the Securities Act.

5.	The proposed maximum aggregate offering price of Common Units proposed to be sold in the offering will be reduced on a dollar-for-dollar basis based on the offering price of any Pre-funded Units offered and sold in the offering, and the proposed maximum aggregate offering price of the Pre-funded Units to be sold in the offering will be reduced on a dollar-for-dollar basis based on the offering price of any Common Units sold in the offering. Accordingly, the proposed maximum aggregate offering price of the Common Units and Pre-funded Units (including the shares of Common Stock issuable upon exercise of the Pre-funded Warrants included in the Pre-funded Units), if any, is $17,250,000.

6.	There will be issued three Redeemable Warrants, each to purchase one share of Common Stock, for every one share of Common Stock included in the Common Units, and three Redeemable Warrants, each to purchase one share of Common Stock, for every Pre-funded Warrant included in the Pre-funded Units offered. The Redeemable Warrants are exercisable at a per share price of 100% of the Common Unit public offering price.

7.	Includes shares of Common Stock which may be issued upon exercise of additional warrants which may be issued upon exercise of 45-day option granted to the representative of the underwriters to cover over-allotments, if any.

8.	Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(g) under the Securities Act. The representative’s warrants represent 4% of the number of Common Units offered and are exercisable at a per share exercise price equal to 125% of the public offering price per Common Unit.