Annual report pursuant to Section 13 and 15(d)

Stock Holders Equity (Tables)

v3.3.1.900
Stock Holders Equity (Tables)
12 Months Ended
Dec. 31, 2015
Stockholders Equity Note [Abstract]  
Schedule of Stockholders Equity Note, Warrants or Rights [Table Text Block]
A summary of equity warrants outstanding as of December 31, 2015 is presented below, all of which are fully vested.
 
 
 
Shares
 
July 11, 2013 formation of Holdings, 4,000,000 warrants issued, terms 5 years, exercisable at $2.00, including 250,000 warrants sold to Mr. Adam Stern
 
 
4,000,000
 
July 11, 2013 recapitalization of Matinas BioPharma Inc. 1,000,000 warrants issued, terms 5 years, exercisable at $2.00
 
 
1,000,000
 
July and August 2013 completion of Private Placement, 7,500,000 warrants issued, terms 5 years, exercisable at $2.00
 
 
7,500,000
 
July 30, 2013 Placement Agent warrants issued as part of compensation for Private Placement. Terms 5 years, exercisable at $2.00
 
 
750,000
 
July 30, 2013 Placement Agent warrant issued as part of compensation for Private Placement. Terms 5 years exercisable at $1.00
 
 
1,500,000
 
July 30, 2013 500,000 warrants sold to Chairman of Board Mr. Herb Conrad for $20,000. Terms 5 years, exercisable at $2.00 per share
 
 
500,000
 
March 31, 2015 Warrants:
 
 
 
 
March 31, 2015 first close of Private Placement, 9,875,0000 warrants issued, terms 5 years, exercisable at $0.75
 
 
9,875,000
 
March 31, 2015, Placement Agent Warrants, 987,500 issued, terms 5 years, exercisable at $0.75
 
 
987,500
 
March 31, 2015, Placement Agent Warrants, 987,500 issued, terms 5 years, exercisable at $ 0.50
 
 
987,500
 
April 10, 2015 Warrants:
 
 
 
 
April 10, 2015 first close of Private Placement, 10,125,000 warrants issued, terms 5 years, exercisable at $0.75
 
 
10,125,000
 
April 10, 2015, Placement Agent Warrants, 1,012,500 issued, terms 5 years, exercisable at $0.75
 
 
1,012,500
 
April 10, 2015, Placement Agent Warrants, 1,012,500 issued, terms 5 years, exercisable at $0.50
 
 
1,012,500
 
 
 
 
 
 
Total Warrants Outstanding at December 31, 2015
 
 
39,250,000