Item 4 — Purpose of Transaction
Item 4 of the Schedule 13D is hereby supplemented as follows: From December 27, 2024 through February 12, 2025, the Reporting Person sold an aggregate of 217,833 shares of Class A Stock at prices ranging between $11.03 and $12.27 per share, for total proceeds of $2,502,082.99, pursuant to Rule 144 under the Securities Act of 1933, as amended. As a consequence, the Reporting Person's beneficial ownership decreased to 19,942,588 shares of Class A Stock (including the 7,719,779 Warrant Shares). The Reporting Person's beneficial ownership represents 48.6% of the outstanding Class A Stock and 24.0% of the combined voting Common Stock, a decrease primarily caused by a 7,911,580 increase in the number of shares of Class A Stock outstanding (including the issuance of the 3,955,790 Second Closing PIPE Shares and the issuance of 3,955,790 shares of Class A Stock by the Issuer in a private investment in public equity on October 25, 2024, as well as other issuances of Class A Stock by the Issuer), as well as by such sale by the Reporting Person of 217,833 shares of Class A Stock. A schedule of each such sale transaction by the Reporting Person is attached hereto as Exhibit 4.1.