Item 3. Legal Proceedings
ITEM 3. LEGAL PROCEEDINGS
On July 27, 2023, Daqi Cui,
a former employee, filed a complaint against the Company in Queens County, the Supreme Court of the State of New York, asserting claims
of breach of employment contract, seeking $609,145.05 in damages as well as attorneys’ fees and costs. On November 6, 2023, the
Company filed a motion to move the case to the United States District Court, Eastern District of New York for an Order to dismiss with
prejudice. On July 29, 2024, Complaint was dismissed by the Eastern District of New York. However, Plaintiff was granted leave to file
an amended complaint within 30 days after entry of the order. Subsequently, the Plaintiff filed an amended complaint against the Company
and the Company has moved to dismiss the amended complaint.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
15
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.