Question
On September 15, 2022, Design issued 6,000 stock warrants to a software engineer that performed some work on the Design platform. On the date
On September 15, 2022, Design issued 6,000 stock warrants to a software engineer that performed some work on the Design platform. On the date of issuance, the shares were selling for $13 per share. The warrants provided the engineer the option to purchase each share at a price of $11 per share. The services provided by the software engineer would have otherwise cost Design approximately $30,000. The options have not yet been exercised.
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