6 unchanged sentences
Please also see “Special Note Regarding Forward-Looking Statements” above.
+Added: are currently not in compliance with the Exchange continued listing requirements.
+Added: If we are unable to regain compliance with the Exchange’s
+Added: listing requirements, our securities could be delisted, which could affect our common stock market price and liquidity and reduce our
+Added: ability to raise capital.
+Added: are not currently in compliance with the NYSE American’s stockholders’ equity rule because our stockholders’ equity
+Added: is less than the required minimum of $6.0 million.
+Added: Pursuant to the letter from the NYSE American informing us of this non-compliance,
+Added: we submitted a Plan to the Exchange illustrating how we can regain compliance by June 11, 2026.
+Added: The NYSE American accepted our plan,
+Added: but, if we are unable to regain compliance by June 11, 2026, our common stock may be delisted from the NYSE American.
+Added: As of March 31,
+Added: 2026, our stockholders’ equity was approximately $2.1 million.
+Added: We must increase our stockholders’ equity to be at least $6.0
+Added: million to regain compliance with this rule.
+Added: If we are not able to raise sufficient capital, we may be unable to regain compliance with
+Added: the NYSE American’s listing standards.
+Added: We intend to take all reasonable measures available to regain compliance under the NYSE
+Added: American listing rules and remain listed on the NYSE American.
+Added: cannot assure you that we will be able to regain compliance with the NYSE American listing standards.
+Added: Our failure to continue to meet
+Added: these requirements would result in our common stock being delisted from the NYSE American.
+Added: We and holders of our securities could be
+Added: materially adversely impacted if our securities are delisted from the NYSE American.
+Added: In particular:
+Added: may be unable to raise equity capital on acceptable terms or at all;
+Added: price of our common stock will likely decrease as a result of the loss of market efficiencies associated with the Exchange and the
+Added: loss of federal preemption of state securities laws;
+Added: may be unable to sell or purchase our securities when they wish to do so;
+Added: may become subject to stockholder litigation;
+Added: may lose the interest of institutional investors in our common stock;
+Added: may lose media and analyst coverage;
+Added: common stock could be considered a “penny stock,” which would likely limit the level of trading activity in the secondary
+Added: market for our common stock;
+Added: would likely lose any active trading market for our common stock, as it may only be traded on one of the over-the-counter markets,
Unregistered Sales of Equity Securities and Use of Proceeds
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.