1 unchanged sentence
Unregistered Sales
−Removed: We did not sell any equity securities during the quarter ended December 31, 2025.
+Added: We did not sell any equity securities during the quarter ended March 31, 2026.
Use of Proceeds
7 unchanged sentences
Cohen acted as lead book runner and Northland acted as joint book-runner for the Initial Public Offering.
−Removed: The securities in the offering were registered under the Securities Act on Form S-1(File
−Removed: Nos.333-286110).The
−Removed: registration statement became effective on May 20, 2025.
+Added: The securities in the offering were registered under the Securities Act on Form S-1
+Added: The registration statement became effective on May 20, 2025.
In connection with the Initial Public Offering, we incurred offering costs of approximately $14.4 million (which consisted of $4,600,000 of a cash underwriting fee, $9,200,000 of deferred underwriting fees, and $613,386 of other offering costs).
6 unchanged sentences
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.