Item 3. Legal Proceedings
Item 3. Legal Proceedings.
From time to time, we may become party to litigation
or other legal proceedings that we consider to be a part of the ordinary course of our business. We are not currently involved
in legal proceedings that could reasonably be expected to have a material adverse effect on our business, prospects, financial
condition, or results of operations. To the best of our knowledge, no adverse legal activity is anticipated or threatened.
While we are not a party to the legal or regulatory
proceedings involving Bidi described in Item 1 – Business – FDA PMTA Determinations, 11 th Circuit Decision and
Impact on Our Business, the outcome of those or related proceedings could have a material adverse or positive impact on our ability to
operate our business given our reliance on Bidi.
Item 4. Mine Safety Disclosures.
Not applicable.
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PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.