The company is implementing a 1-for-20 reverse stock split of its common stock. The split will be effective at 11:59 pm Eastern Time on June 29, 2026. Trading on a split-adjusted basis will commence on the Nasdaq Global Select Market on June 30, 2026. Issued and outstanding shares will decrease from 19,559,257 to approximately 977,963. Fractional shares will be rounded up to the next whole number.