Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.26.3
Subsequent Events
9 Months Ended
Sep. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
N. SUBSEQUENT EVENTS

 

On November 9, 2026, the Company’s publicly traded warrants to purchase shares of common stock, which were issued in connection with the Company’s initial public offering in November 2021 and traded on the Nasdaq Capital Market under the symbol “SWAGW” expired in accordance with their terms. As of the expiration date, 4,328,495 warrants with an exercise price of $4.81375 per share remained outstanding and expired unexercised. No warrants were exercised between September 30, 2026 and the expiration date. Following the expiration, the warrants were delisted from the Nasdaq Capital Market. Because the warrants were classified as equity, their expiration had no impact on the Company’s results of operations.