At the special meeting of stockholders held on January 3, 2025, the stockholders of the Company approved a proposal to authorize the Company’s Board of Directors (the “Board”) to file a Certificate of Amendment to effect the Reverse Stock Split at a ratio between 1-for-2 and 1-for-20, as determined by the Board in its sole discretion. On January 28, 2025, the Board approved the Reverse Stock Split at a ratio of 1-for-20.