Item 4 — Purpose of Transaction
Item 4 of the Prior Schedule 13D is hereby amended and supplemented as follows: On July 31, 2026, Bombe Asset Management, LLC, a Delaware limited liability company ("Bombe"), delivered to the board of directors of the Issuer (the "Board") a preliminary, non-binding indication of interest (the "Proposal Letter") regarding a potential take-private transaction involving the Issuer (the "Proposed Transaction"). The Proposal Letter is filed as Exhibit 99.1 to this Statement and is incorporated by reference into this Item 4 in its entirety. Mr. Chavez is the founder and managing partner of Bombe and has been its chief executive officer since 2017. Ms. Hogue has been a managing partner of Bombe since 2020. Bombe has not predetermined the structure of the Proposed Transaction or an exact purchase price. Certain stockholders, directors, officers or members of management may be offered an opportunity to participate in rollover or similar arrangements. The Proposal Letter remains open for acceptance until 5:00 p.m. Eastern Time on August 12, 2026, unless extended or withdrawn in writing by Bombe. If consummated, the Proposed Transaction could result in one or more of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D, including the acquisition of additional Common Stock by the Reporting Persons, Bombe or their affiliates; an extraordinary corporate transaction; changes to the Board or management; changes in capitalization or dividend policy; delisting of the Common Stock from The Nasdaq Stock Market; and termination of registration of the Common Stock under the Exchange Act. The Reporting Persons and Bombe may modify, withdraw or terminate the Proposal Letter, may propose different terms or structures and reserve the right to take any action permitted by law. Except as described in this Statement and the Proposal Letter, the Reporting Persons do not presently have any plans or proposals that relate to or would result in any of the matters listed in clauses (a) through (j) of Item 4, although they may formulate such plans or proposals in the future.