Subsequent Events |
6 Months Ended |
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Nov. 30, 2021 | |
| Subsequent Events [Abstract] | |
| Subsequent Events [Text Block] |
Note 22 – Subsequent Events
On December 1, 2021, December 21, 2021 and January 4, 2022, the Company closed on the sale of $250,000, $750,000, and $1,500,000, respectively, of 2021 Debentures as part of the November 2021 Offering and issued an aggregate of 3,030,304 warrants to purchase its common stock at an exercise price of $0.4125 per share to the investors.
The Company has evaluated events through the date of the financial statements and has determined that there were no additional material subsequent events. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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