The company is executing a 1-for-20 reverse stock split to increase its share price and maintain compliance with Nasdaq Listing Rule 5550(a)(2). The split will be effective at 12:01 a.m. ET on April 23, 2026. Outstanding common stock will decrease from approximately 10,593,257 shares to approximately 529,662 shares. No fractional shares will be issued; shareholders will receive a cash payment based on the closing price on April 22, 2026. The company's ticker symbol (IPST) remains unchanged.