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What changed 10-K
Item 3. Legal Proceedings
2025-05-29 compared with 2024-05-28 · 7 added, 1 removed, 4 unchanged (67% of the section changed)
2 unchanged sentences
is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.
−Removed: There are no legal proceedings pending at this time.
+Added: September 24, 2024, a prospective lender filed a claim against the Company for an alleged breach of a non-binding term sheet made on
+Added: June 7, 2024.
+Added: This claim is an example of predatory lending practices for which the Company has filed a notice of dismissal in the
+Added: relevant jurisdiction.
+Added: The Company and its counsel believe the claim is without merit however the courts have mandated mediation,
+Added: and it appears that the parties may reach a settlement in the near future.
+Added: The Company has made no
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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.