Item 4 — Purpose of Transaction
Item 4 of the Schedule 13D is hereby amended and supplemented as follows: (a) As previously disclosed in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 filed with the SEC on April 26, 2024, Jagdeep Singh and his affiliated trusts adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 3,249,520 shares of Class A common stock, subject to satisfaction of certain conditions, including, among others, trading price (the "Trading Plan"). The Trading Plan was intended to satisfy the affirmative defense in Rule 10b5-1(c). The Trading Plan was terminated on January 22, 2025. The information set forth in Item 3 regarding the Conversion is hereby incorporated by reference into this Item 4. (d) As previously disclosed in the Issuer's Current Reports on Form 8-K filed with the SEC on February 14, 2024 and October 23, 2024, respectively, Mr. Singh transitioned from his position as Chief Executive Officer of the Issuer on February 15, 2024 and retired from his position as Chairman of the board of directors of the Issuer on December 31, 2024, and consequently no longer has influence over the corporate activities of the Issuer.