1 unchanged sentence
We are not currently a party to any material legal proceedings.
−Removed: We were previously involved in a legal proceeding, as described below, and from time to time, we may again become involved in legal proceedings arising in the ordinary course of our business.
+Added: From time to time, we may become involved in legal proceedings arising in the ordinary course of our business.
Regardless of outcome, litigation can have an adverse impact on us due to defense and settlement costs, diversion of management resources, negative publicity, reputational harm and other factors, and there can be no assurances that favorable outcomes will be obtained.
−Removed: In November 2024, the Company was successful in the trade secrets case brought against it by I-Mab Biopharma in the United States District Court for the District of Delaware, with the jury rejecting all allegations of misappropriation before it.
−Removed: In January 2025, the parties reached a settlement as to all asserted claims of misappropriation, including those claims not tried to the jury.
−Removed: Pursuant to that agreement, the Court dismissed the action with prejudice.
+Added: Risk Factors.
+Added: There have been no material changes to the risk factors set forth in Part I, Item 1A of our 2024 Annual Report and in Part II, Item 1A of our Quarterly Report for the three months ended March 31, 2025.
+Added: Unregistered Sales of Equity Securities and Use of Proceeds.
+Added: Defaults Upon Senior Securities.
+Added: Mine Safety Disclosures.
+Added: Not applicable.
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.