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The reporting person is a member of the Company's board of directors."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"(Continued from footnote (1)) In connection with the closing of the Acquisition, which occurred on April 28, 2017, the reporting person sold approximately 85% of his shares of capital stock in Pelican held through a limited liability company in exchange for cash consideration and 3,958 shares of the Company's common stock, $0.0002 par value per share (the \"Common Stock\"). All of the shares of Common Stock issued in the Acquisition are currently held in escrow and are subject to forfeiture during the six month period following the Acquisition to satisfy certain indemnification obligations."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"On March 7, 2017, Heat Biologics, Inc. (the \"Company\") entered into a Stock Purchase Agreement, as amended, with Pelican Therapeutics, Inc. 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