4 unchanged sentences
is not subject to, any material legal proceedings, except as set forth below.
−Removed: On October 28, 2019,
−Removed: Research Institute at Nationwide Children’s Hospital (“Research Institute”) filed a Complaint in the United States District
−Removed: Court for the Southern District of Ohio Eastern Division against Dr.
−Removed: Zhou, Li Chen, the Company and Genexosome with various claims against
−Removed: the Company and Genexosome including misappropriation of trade secrets in violation of the Defend Trade Secrets Act of 2016 and violation
−Removed: of Ohio Uniform Trade Secrets Act.
−Removed: The Company, Genexosome and the Research Institute entered into a settlement agreement dated June 7,
−Removed: 2022 (the “Settlement Date”), whereby the Company agreed to pay the Research Institute $450,000 on each of the sixty-day,
−Removed: one year and two-year anniversaries of the Settlement Date.
−Removed: In addition, the Company agreed to pay the Research Institute 30% of the Company’s
−Removed: initial pre-tax profit of $3,333,333, 20% of the Company’s second pre-tax profit of $3,333,333 and 10% of the Company’s third
−Removed: pre-tax profit of $3,333,333.
−Removed: The parties provided a mutual release as well.
−Removed: On or about July 22,
−Removed: 2025, the Company filed a lawsuit in the Court of Chancery of the State of Delaware against Laboratory Services MSO, LLC and certain affiliates.
−Removed: The Company has asserted a variety of claims, including breach of contract, arising out of its prior transactions with the defendants,
−Removed: including the Redemption and Abandonment Agreement, dated as of February 26, 2025.
−Removed: The time for the defendants to respond to the Complaint
−Removed: has not yet expired.
−Removed: The parties have agreed to a settlement in principle and the Company expects the lawsuit to be dismissed.
+Added: On or about July 22, 2025, the Company
+Added: filed a lawsuit in the Court of Chancery of the State of Delaware against Laboratory Services MSO, LLC and certain affiliates.
+Added: asserted a variety of claims, including breach of contract, arising out of its prior transactions with the defendants, including the Redemption
+Added: and Abandonment Agreement, dated as of February 26, 2025.
+Added: The Company and Laboratory Services MSO, LLC entered into a Confidential
+Added: Settlement Agreement and Mutual Release dated August 26, 2025 whereby Laboratory Services MSO, LLC agreed to pay the Company in the aggregate
+Added: of $1,722,000 ($50,000 of which is for the Company’s attorneys’ fees and $22,000 of which is interest attributable to the
+Added: 7 th through 12 th monthly payments), of which $600,000 was paid on August 29, 2025 and $1,122,000 to be paid on or
+Added: before the first business day of each month, beginning September 2025 and ending August 2026, in monthly installments of $93,500.
+Added: parties provided a mutual release, as well.
+Added: As a result of the settlement, the case was dismissed in August 2025.
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.