Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective September 3, 2026, the Board of Directors promoted Andy Roiniotis, an existing executive officer of the Company, to Chief Operating Officer. Mr. Roiniotis will continue to serve as Chief Marketing Officer and, in his additional role as Chief Operating Officer, will be responsible for coordinating the Company's operating activities, acquisition integration, internal execution, and cross-company initiatives.

Effective September 3, 2026, the Board of Directors promoted Phil Kang, an existing executive officer of the Company, to Chief Investment Officer. In that role, Mr. Kang will focus on investment strategy, acquisition analysis, capital allocation, and the continued development of the Company's investment framework.

No new material compensatory arrangement was entered into in connection with either promotion.

Neither promotion was pursuant to any arrangement or understanding with any other person. There are no family relationships between either officer and any director or executive officer of the Company requiring disclosure under applicable SEC rules.