Schedule of Stockholders Equity Note, Warrants or Rights [Table Text Block] |
A summary of equity warrants outstanding as of March 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 | | | | | | | Total Warrants Outstanding at March 31,2015 | | | 27,100,000 | |
|