Usman Azam resigned as President and Chief Executive Officer and as a member of the Board of Directors, effective March 26, 2026. Lucinda Warren, the Company's Chief Financial and Business Officer, was appointed Interim President and Chief Executive Officer, effective March 27, 2026, and will continue in her CFO/CBO roles. Ms. Warren's compensation as Interim CEO includes an annual base salary of $525,000, a monthly supplemental payment of $10,000, and eligibility for a discretionary incentive bonus with a target of up to 45% of her base salary. She will also receive a stock option to purchase approximately 1.0% of the Company's outstanding shares upon the achievement of a specified financing milestone. Dr. Azam will receive a lump sum cash severance payment of $232,500 and continued payment of COBRA health insurance premiums for up to 12 months, subject to certain conditions.