The Board of Directors approved a 1-for-6 reverse stock split of common stock. The split will be effective at 12:01 a.m. Eastern time on June 30, 2026. The number of outstanding shares will decrease from approximately 9,581,079 to 1,596,849. Fractional shares will be rounded up to the nearest whole share. The company's trading symbol remains HCWB on the Nasdaq Capital Market.