2 unchanged sentences
On May 3, 2024, our board of directors approved a new share repurchase program, pursuant to which the board of directors granted a repurchase authorization to acquire shares of the Company’s common stock, par value $0.01 per share, having an aggregate value of up to $50 million.
−Removed: The Company and may repurchase shares through open market transactions, privately negotiated transactions or other means.
+Added: The Company may repurchase shares through open market transactions, privately negotiated transactions or other means.
The timing and amount of any transactions will be subject to the discretion of the Company based upon market conditions, and the program may be suspended or terminated at any time by the Company at its discretion without prior notice.
The board of directors’ authorization replaced any previous repurchase authorizations.
−Removed: The following table provides the information with respect to purchases and forfeitures of our common stock during each of the months in the first quarter of 2025:
+Added: The following table provides the information with respect to purchases and forfeitures of our common stock during each of the months in the second quarter of 2025:
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of a Publicly Announced Plan Maximum Dollar Value of Shares That May Yet Be Purchased Under the Plan
Common stock:
−Removed: January 1 - January 31 — $ — — $ 50,000,000
−Removed: February 1 - February 28 19,755 (1)
−Removed: $ 2.59 — $ 50,000,000
−Removed: March 1- March 31 — $ — — $ 50,000,000
+Added: April 1 - April 30 — $ — — $ 50,000,000
+Added: May 1 - May 31 — $ — — $ 50,000,000
+Added: June 1 - June 30 292,230 (1) $ 2.40 — $ 50,000,000
Total 292,230 $ 2.40 —
______________
−Removed: (1) Includes 19,755 shares in February that were withheld to cover tax-withholding requirements related to the vesting of performance stock units issued to employees of our advisor pursuant to the Company’s stockholder-approved stock incentive plan.
+Added: (1) Includes 292,230 shares in June that were withheld to cover tax-withholding requirements related to the vesting of common stock awards issued to employees of our advisor pursuant to the Company’s stockholder-approved stock incentive plan.
DEFAULTS UPON SENIOR SECURITIES
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.