WARRANTS (Details Narrative) - $ / shares |
3 Months Ended | |||
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Mar. 08, 2024 |
Mar. 31, 2024 |
Mar. 31, 2023 |
Dec. 31, 2023 |
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Warrant outstanding | 8,838,717 | 4,649,952 | ||
Exercise price | $ 3.53 | |||
Securities Purchase Agreement [Member] | ||||
Exercise price | $ 1.64 | |||
Number of shares issued | 1,600,000 | |||
Warrants issued | 1,600,000 | |||
Warrants description | Base Share Price shall not be less than $3.0625 (50% of the public offering price of the Units sold in the Company’s IPO) (subject to adjustment for reverse and forward stock splits, recapitalizations, and similar transactions). | |||
Exercise price, reduced | $ 3.0625 | |||
Securities Purchase Agreement [Member] | Placement Agent [Member] | ||||
Exercise price | $ 1.64 | |||
Warrants issued | 32,000 | |||
Warrant [Member] | ||||
Exercise price | $ 3.53 | $ 3.53 | ||
Exercise of warrants | 0 | 1,036,486 | ||
Tradeable Warrant [Member] | ||||
Warrants issued | 1,601,259 | |||
Non-Tradeable Warrant [Member] | ||||
Warrants issued | 2,704,554 |
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- Definition Warrants description. No definition available.
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of warrants or rights outstanding. No definition available.
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- Definition Number of non-option equity instruments exercised by participants. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share decrease in exercise price of warrant. Excludes change due to standard antidilution provision. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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