UNREGISTERED SALES OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: During the quarter ended March 31, 2026, we issued
−Removed: an aggregate of 13,750 shares of our Series A Convertible Preferred Stock in a private placement to institutional investors for gross
−Removed: proceeds of $10,000,000 pursuant to a Securities Purchase Agreement entered into in February 2026.
−Removed: The shares were issued in reliance
−Removed: on the exemption from registration provided by Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D.
−Removed: The investors are
−Removed: accredited and represented their investment intent;
−Removed: no general solicitation or advertising was used.
−Removed: In January 2026, we issued 26,333 shares of common
−Removed: stock as incentive shares to investors in connection with a short-term debenture financing, and 21,525 shares of common stock to certain
−Removed: lenders pursuant to exchange agreements that converted outstanding subscription agreement loans and accrued interest into equity.
−Removed: issued 202 “true-up” shares of common stock to Arena under our equity line of credit commitment fee.
−Removed: These issuances were
−Removed: made in private transactions exempt from registration under Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D.
−Removed: We did not repurchase any of our equity securities
−Removed: during the quarter ended March 31, 2026.
−Removed: There were no proceeds used from a registered offering during the period.
+Added: the six months ended June 30, 2026, we issued an aggregate of 26,250 shares of our Series A Convertible Preferred Stock in a private placement to institutional investors for gross proceeds of $20,000,000, pursuant to a Securities Purchase Agreement entered
+Added: into in February 2026.
+Added: The shares were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities
+Added: Act and/or Rule 506 of Regulation D.
+Added: The investors are accredited and represented their investment intent;
+Added: no general solicitation or
+Added: advertising was used.
+Added: January 2026, we issued 26,333 shares of common stock as incentive shares to investors in connection with a short-term debenture financing,
+Added: and 21,525 shares of common stock to certain lenders pursuant to exchange agreements that converted outstanding subscription agreement
+Added: loans and accrued interest into equity.
+Added: We also issued 207 “true-up” shares of common stock to Arena under our equity line
+Added: of credit commitment fee.
+Added: These issuances were made in private transactions exempt from registration under Section 4(a)(2) of the Securities
+Added: Act and/or Rule 506 of Regulation D.
+Added: did not repurchase any of our equity securities during the three and six months ended June 30, 2026.
+Added: There were no proceeds used from
+Added: a registered offering during the periods.
DEFAULTS UPON SENIOR SECURITIES
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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.