Item 4 — Purpose of Transaction
Item 4 of the Original Schedule 13D, as previously amended, is hereby amended by the addition of the following description of events involving the Reporting Persons and the Issuer. As disclosed on a Current Report on Form 8-K filed by the Issuer on August 10, 2026, on March 11, 2026, the Issuer entered into a Conversion and Extension Agreement with Investor A and Investor B with respect to 41,250 shares of Series A Preferred Stock and Warrants to purchase 1,031,250 shares of Common Stock (the "Conversion and Extension Agreement"), pursuant to which, among other things, the conversion price of the Series A Preferred Stock was reduced from $40.00 to $32.00 per share of Common Stock (the "Conversion Price") and all of the outstanding shares of Series A Preferred Stock were converted into 1,601,505 shares of Common Stock (the "Series A Conversion"). Accordingly, on March 11, 2026, the Issuer filed with the Secretary of State of the State of Delaware (the "Delaware SOS"): (i) a Certificate of Amendment to Certificate of Designation, Preferences and Rights of Series A Convertible Preferred Stock Par Value $0.01 per share (the "Series A Certificate of Designation" and such amendment, the "Series A Certificate of Designation Amendment"), pursuant to which the Series A Certificate of Designation was amended to reduce the Conversion Price of the Series A Preferred Stock from $40.00 per share of Common Stock to $32.00 per share of Common Stock, and (ii) following the completion of the Series A Conversion, a Certificate of Elimination effecting the elimination of the Series A Junior Participating Preferred Stock, par value $0.01 per share, and the Series A Preferred Stock (the "March Certificate of Elimination"). Further, the disclosure set forth in Item 6 regarding the Exchange Agreement (as defined below) is incorporated herein by reference.