Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.
In
September 2023, the Company entered into privately negotiated exchange agreements with certain holders of its 1.00% Convertible
Senior Notes due 2026 (the “Notes”). In total, the Company exchanged $416,793 aggregate principal amount of the Notes
held by such holders for an aggregate 31,722,417 newly issued shares of Company common stock in private placement transactions
exempt from registration under Section 3(a)(9) and 4(a)(2) of the Securities Act of 1933, as amended, and Rule 144, as amended,
promulgated thereunder.
Item
3. Defaults Upon Senior Securities.
None.
Item
4. Mine Safety Disclosures.
Not
applicable.
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