Item 4 — Purpose of Transaction
The Reporting Persons acquired the securities described herein for investment purposes. On October 6, 2026, the Board of Directors of the Issuer (the "Board") appointed Mr. Mayer as Co-Chief Executive Officer of the Issuer, effective immediately. In that capacity, Mr. Mayer is responsible for the Issuer's corporate strategy and growth, consolidated financial performance, budgeting and profitability, fundraising, investor relations and capital markets, capital allocation and strategic investments, and Board communication. Pursuant to the Purchase Agreement, CL Investment has the right to designate one person for appointment or election to the Board, and designated Lewis Wilks, who serves as a director of the Issuer. As a result of his position, Mr. Mayer may, in the ordinary course, participate in or influence decisions of the Issuer, including with respect to capital raising, financings, acquisitions, dispositions or other strategic transactions, which could relate to or result in one or more of the matters described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Except as set forth herein, the Reporting Persons have no present plans or proposals that relate to or would result in any of the matters described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. The Reporting Persons intend to review their investment in the Issuer on a continuing basis and reserve the right to change their plans or intentions and to take any and all actions with respect to the Issuer's securities that they deem appropriate, subject to applicable law and the Issuer's policies.