Item 3. Legal Proceedings
Item
3. Legal Proceedings.
Other
than as disclosed below, neither the Company nor its subsidiaries are party to or have property that is the subject of any material pending
legal proceedings. We may be subject to ordinary legal proceedings incidental to our business from time to time that are not required
to be disclosed under this Item 3.
On
November 10, 2022, we filed a complaint in the United States District Court for the Central District of California, Western
Division, against Schreiber Foods, Inc. claiming a breach of the supply agreement and seeking economic damages. On
January 20, 2023, the Company filed a voluntary dismissal of the complaint which allows the parties to reach a potential resolution
outside of the court system. Further information is included in Item 7 and Notes 1 and 9 of
our financial statements.
Item
4. Mine Safety Disclosures.
Not
applicable.
13
PART
II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.