The Board of Directors approved a 1-for-20 reverse stock split of common stock. The split becomes effective at 12:01 a.m. Eastern Time on May 27, 2026. The action aims to increase the per-share bid price above the $1.00 threshold required by Nasdaq Listing Rule 5550(a)(2). Authorized shares will be reduced from 250,000,000 to 12,500,000. Issued and outstanding shares will decrease from approximately 14.8 million to approximately 744,000. No change to the $0.0001 par value per share.