5 unchanged sentences
of our management, are likely to have a material adverse effect on our business, financial condition or results of operations.
−Removed: On December 13, 2024, the
−Removed: Company received a Notice of Breach from AC Sunshine Securities LLC (“ACSS”), pursuant to which ACSS alleges that the Company
−Removed: breached an exclusivity provision in that certain Follow-On Offering Engagement Letter, by and between the Company and ACSS, and ACSS
−Removed: is seeking payment of fees and expenses.
−Removed: The Company is currently assessing the merits of ACSS’s claim.
+Added: On June 2, 2025, a civil
+Added: action was filed against the Company and certain of its officers in the Supreme Court of the State of New York, County of Kings (Index
+Added: 517888/2025).
+Added: The complaint asserts claims for breach of contract, breach of express and implied warranties, fraud, and joint venture
+Added: The plaintiff seeks damages in excess of $600,000, including compensatory and punitive damages.
+Added: On September 26, 2025, the
+Added: Company filed a motion to dismiss the case.
+Added: The Company believes the claims are meritless and is vigorously defending the action.
+Added: the outcome of litigation is inherently uncertain, we do not believe this matter will have a material adverse effect on our financial
+Added: condition, results of operations, or cash flows.
Mine and Safety Disclosure
1 unchanged sentence
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.