1 unchanged sentence
Co-Diagnostics,
−Removed: Pantheon International Advisors Ltd.
+Added: Hukui Technology, Inc., et al.
(Third Judicial District Court, Salt Lake County, State of Utah, Civil No.
−Removed: 210902609, filed
−Removed: on May 14, 2021).
−Removed: Company filed a complaint against Pantheon International Advisors (“Pantheon”) asking the court to declare that the Company
−Removed: has no ongoing contractual business relationship with Pantheon, no monies owing, nor does Pantheon have any interest, right, title or
−Removed: claim to any stock issued by the Company or ownership of any kind in the Company.
−Removed: Pantheon was served with a 30-Day Summons on September
−Removed: 9, 2021 to which it failed to respond, and a default judgement against Pantheon International Advisors was entered by the Court on November
−Removed: The time to appeal from the judgment or seek to vacate the judgment has passed.
−Removed: learning that the Company had initiated suit in Utah, and after learning of Company’s intent to serve it with process of that suit,
−Removed: on May 24, 2021, Pantheon filed a claim against the Company in the Royal Courts of Justice Group, Queens Bench Division, Claim No.
−Removed: QB-21-002245,
−Removed: stating that the Company owes Pantheon $2,860,809.79 for alleged breach of contract for failing to make payments purportedly due under
−Removed: a contract allegedly entered into on October 18, 2018.
−Removed: The Company is being represented locally in the UK by Freshfields Bruckhaus Deringer
−Removed: LLP in that matter.
−Removed: On March 4, 2022, the Company filed a jurisdictional challenge to the UK suit, alleging that there was no 2018 agreement,
−Removed: and that the Company is not subject to jurisdiction in the UK.
−Removed: The oral argument and presentation of evidence on solely the jurisdictional
−Removed: claim took place on November 9, 2022, with the court taking the matter of jurisdiction over the Company under advisement.
−Removed: The court has
−Removed: now ruled on the Company’s jurisdictional challenge and denied the motion to dismiss the lawsuit.
−Removed: The Company intends to vigorously
−Removed: defend against the UK claims and will seek to the full extent possible to enforce its rights under the Declaratory Judgment already obtained
−Removed: in Utah but there can be no assurances as to the outcome.
−Removed: have been no other developments to the legal proceedings previously disclosed under Part I.
−Removed: Item 3 of our Annual Report on Form 10-K
−Removed: for the fiscal year ended December 31, 2022.
+Added: 210902131, filed on
+Added: April 21, 2021).
+Added: Company previously disclosed that it had filed a complaint against Defendants Hukui Technology, Inc., Hukui Tech, Inc., and Hukui Bio
+Added: Co., Ltd (collectively, “Hukui”) seeking a declaratory judgment that the Company is not obligated to any of them in any amount.
+Added: On August 24, 2021, Hukui filed their Answer and Counterclaim seeking damages on a number of theories, including breach of contract for
+Added: letter agreements, breach of oral agreement, promissory estoppel, unjust enrichment, and interference with economic relations.
+Added: 1, 2023 the Company filed a Motion for Summary Judgment asking the court for summary judgment on its sole claim for declaratory relief
+Added: and for summary judgment with respect to all Hukui counterclaims.
+Added: On November 7, 2023, the Court issued it decision and granted the
+Added: Company summary judgment on its sole claim for declaratory relief and on all Hukui counterclaims.
+Added: There have been no other developments to the legal
+Added: proceedings previously disclosed under Part I.
+Added: Item 3 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and
+Added: under Part II.
+Added: of our Quarterly Reports on form 10-Q previously filed with the SEC.
Risk Factors.
−Removed: required under Regulation S-K for “smaller reporting companies.”
+Added: Not required under Regulation S-K for “smaller
+Added: reporting companies.”
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.