v3.26.3
Subsequent Events
12 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
Subsequent Events

Note 11 – Subsequent Events

 

The Company evaluated subsequent events through the date the financial statements were issued and determined that except for the following subsequent events, there have been no additional subsequent events that would require recognition in the financial statements or disclosure in the notes to the financial statements:

 

On July 2, 2026, the Company entered into a Securities Purchase Agreement with a group of accredited investors pursuant to a private placement financing. Under the agreement, the Company agreed to issue 7,910,474 shares of Class A common stock, consisting of 4,666,667 shares of Class A common stock and pre-funded warrants exercisable for up to 3,243,807 shares of Class A common stock for net proceeds of $22.3 million.