03/12/2026 | Press release | Distributed by Public on 03/12/2026 12:59
| Item 3.02 | Unregistered Sales of Equity Securities. |
On March 12, 2026, pursuant to the SPA described in Item 1.01 above, the Company issued forty-seven (47) shares of Series D Convertible Preferred Stock to GHS Investments, LLC. The issuance was exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506(b) under Regulation D. GHS is an "accredited investor" as defined in Rule 501 under the Securities Act. The Company did not engage in any general solicitation or advertising in connection with the issuance. A finder's fee of $1,760 was paid to J.H. Darbie & Co., Inc.