Legal Proceedings
−Removed: In July 2020, we were served in an action filed
−Removed: in the United States District Court for the District of Utah claiming that the Company promulgated false and misleading press releases
−Removed: to increase the price of our stock to improperly benefit the officers and directors of the Company.
−Removed: The Plaintiff, Gelt Trading,
−Removed: Ltd., a Cayman Islands limited company, demands compensatory damages sustained as a result of our alleged wrongdoing in an amount
−Removed: to be proven at trial.
−Removed: We will vigorously defend this action as we do not believe it has any merit.
−Removed: In September 2020, we were served in an
−Removed: action filed in the United States District Court for the District of Utah claiming that the officers and the directors harmed
−Removed: the Company by promulgating false and misleading press releases to increase the price of our stock to improperly benefit the
−Removed: officers and directors of the Company.
−Removed: The Plaintiff, Luis Aguliera, on behalf of Co-Diagnostics, Inc.
−Removed: seeks damages from the
−Removed: individual defendants and attorneys’
−Removed: We will vigorously defend this as we do not believe it has any merit.
−Removed: time to time, we may become involved in litigation relating to claims arising out of our operations in the normal course of
−Removed: Although we have received inquiries from FINRA, NASDAQ and the SEC, to which we have responded, to the best of our
−Removed: knowledge, no governmental authority is contemplating any proceeding to which we are a party or to which any of our
−Removed: properties or businesses are subject, which would reasonably be likely to have a material adverse effect on the Company.
+Added: There have been no material developments
+Added: to the legal proceedings previously disclosed under Item 3 of our Annual Report on Form 10-K for the fiscal year ended December
+Added: time to time, we may become involved in litigation relating to claims arising out of our operations in the normal course of business.
+Added: Although we have received inquiries from FINRA, NASDAQ and the SEC, to which we have responded, to the best of our knowledge,
+Added: no governmental authority is contemplating any proceeding to which we are a party or to which any of our properties or businesses
+Added: are subject, which would reasonably be likely to have a material adverse effect on the Company.
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.