Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

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SUBSEQUENT EVENTS
9 Months Ended
Jun. 30, 2014
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 8 – SUBSEQUENT EVENTS

 

On July 24, 2014, the Company granted options to purchase an aggregate of 355,000 shares of common stock, with an exercise price of $8.39 per share, to employees working in Ohr’s San Diego laboratory, as part of its 2014 stock option plan. Of the 355,000 options issued, 88,750 vested upon issuance and the remaining 266,250 vest in 25 percent equal tranches on each anniversary of the grant.