NeuBase Therapeutics, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EQUITY (Tables)

EQUITY (Tables)

6 Months Ended

Mar. 31, 2017

Schedule of warrants issued and outstanding

Below is a table summarizing the warrants issued and outstanding as of March 31, 2016 (“Price” reflects the weighted average exercise price per share):

	Warrants			Price
Outstanding at September 30, 2016		614,923		$	5.08
Granted		—			—
Investor warrants		5,827,501			2.92
Stock-based compensation warrants		—			—
Exercised		—			—
Investor warrants		—			—
Stock-based compensation warrants		—			—
Forfeited or expired
Investor warrants		(37,220	)		1.95
Stock-based compensation warrants		(201,042	)		7.92
Outstanding at March 31, 2017		6,204,162		$	2.97
Exercisable at March 31, 2017		6,204,162		$	2.97

Schedule of activity of options

Below is a table summarizing the Company’s activity for the six month period ended March 31, 2017 (“Price” reflects the weighted average exercise price per share):

	Options			Price
Outstanding at September 30, 2016		2,857,468		$	6.66
Granted		—			—
Exercised		—			—
Forfeited or expired		(910,637	)		6.21
Outstanding at March 31, 2017		1,946,831		$	6.81
Exercisable at March 31, 2017		1,558,577		$	6.78

Schedule of activity of restricted stock

Below is a table summarizing the Company’s activity for the six months ended March 31, 2017:

	Shares			Weighted Average Grant Date Fair Value
Nonvested at September 30, 2016		600,358			4.80
Granted		—			—
Vested		(285,179	)		4.81
Forfeited		—			—
Nonvested at March 31, 2017		315,179			4.79

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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