SUBSEQUENT EVENTS |
6 Months Ended | |
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Jun. 30, 2017 | ||
Subsequent Events [Abstract] | ||
Subsequent Events [Text Block] |
NOTE 8 SUBSEQUENT EVENTS
On July 21, 2017, the Company completed an underwritten public offering of 4,977,658 shares of the Company’s common stock at a public offering price of $12.50 per share. The total gross proceeds from the offering were approximately $62.2 million, before deducting the underwriting discount and other estimated offering expenses, and the net proceeds from the offering were approximately $59.2 million. The offer and sale of the Common Stock is registered under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to a Registration Statement on Form S-3 (File No. 333-215909) (the “Shelf Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on February 14, 2017. |