Material Event Form 8 K

Item 8.01. Other Events.

As previously announced, the Company completed a one-for-sixty Reverse Stock Split of the outstanding shares of its common stock, effective after the close of business on October 3, 2024. As a result of the Reverse Stock Split and certain exercises of our outstanding Series A Warrants that occurred following the Reverse Stock Split, as of October 15, 2024, there are 25,586,668 shares of common stock of the Company issued and outstanding. Also as of October 15, 2024, the Company had 1,441,927 Series A Warrants and 15,444,532 Series B Warrants outstanding, with an adjusted exercise price per share of $0.7446.