Item 4 — Purpose of Transaction
Item 4 of the Schedule 13D is hereby amended and supplemented to include the following: NCSL Sale to NCSL On December 16, 2024, NCSL sold 196,724 shares of Class A Common Stock of the Issuer to NCL at a price per share of $10.97. NCSL Sale to Prabhu Narasimhan On May 16, 2025, NCSL sold 42,352 shares of Class A Common Stock of the Issuer to Prabhu Narasimhan, a director of the Issuer, at a price per share of $ 14.10. The aggregate purchase price for such shares of Class A Common Stock is payable as an interest free debt repayable on demand owed by Prabhu Narasimhan to NCSL. NCSL Purchase from Livenandro On May 16, 2025, NCSL purchased: (i) 45,800 Warrants of the Issuer from Livenandro at a price per Warrant of $0.07; and (ii) 463,199 shares of Class A Common Stock of the Issuer from Livenandro at a price per share of $15.48. NCSL and Livenandro are each indirectly 99.9% owned by BB Trustees SA, as trustee of the irrevocable discretionary trust known as The Future Holdings Trust. The purpose of the transfer and sale of the Warrants and shares of Class A Common Stock from Livenadro to NCSL was for internal structuring reasons.