Item 1. Legal Proceedings
Item 1. Legal Proceedings
The Company may be involved
in legal proceedings, claims, and assessments arising in the ordinary course of business. Such matters are subject to many uncertainties,
and outcomes are not predictable with assurance. There have been no material developments in the legal proceedings previously disclosed
in Part I, Item 3, “Legal Proceedings”, of our Annual Report on Transition Form 10-KT for the transition period ended December
31, 2025, filed with the SEC on March 18, 2026 (the “2025 Form 10-KT”). For a description of our material pending legal proceedings,
please refer to the 2025 Form 10-KT.
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