What changed 10-K

Item 5. Market for Registrant’s Common Equity

2025-03-05 compared with 2024-02-29 · 4 added, 0 removed, 14 unchanged (22% of the section changed)

3 unchanged sentences

Prior to that date, there was no public trading market for our common stock.

On February 12, 2025, the Company effected a one-for-ten reverse stock split of its common stock, whereby each lot of ten shares of common stock issued and outstanding immediately prior to the reverse stock split was converted into and became one share of common stock.

In lieu of issuing any fractional shares, any stockholder entitled to receive less than one share of common stock received cash for such stockholder’s fractional share.

There is no change to the par value of $0.0001.

All share and per share numbers in this Annual Report on Form 10-K have been adjusted to give retroactive effect to the reverse stock split.

Holders of our Common Stock

9 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.