Vote support at last AGM
In connection with transactions contemplated by the Third Amendment, on April 8, 2024, certain stockholders of the Company representing more than a majority of the voting power of the issued and outstanding Parent Series A Preferred Stock acted by written consent in lieu of a special meeting to (i) approve the Second Amendment to the Certificate of Designations and (ii) approve the Master Equity Agreement and the transactions contemplated thereby.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include words or phrases such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “could,” “may,” “might,” “should,” “will” and similar words. Forward-looking statements are based on management’s current expectations, beliefs, assumptions and estimates and may include, for example, statements regarding the Company’s commitments; efforts which have or may be undertaken to restructure its operations; and the Company’s expected savings from those restructuring activities. These statements are subject to significant risks, uncertainties, and assumptions that are difficult to predict and could cause actual results to differ materially and adversely from those expressed or implied in the forward-looking statements, including risks and uncertainties regarding the Company’s ability to restructure operations; employee attrition and the Company’s ability to retain senior management and other key personnel due to the uncertainties; and the Company’s ability to maintain relationships with suppliers, customers, employees and other third parties and regulatory authorities.
Forward-looking statements are also subject to the risk factors and cautionary language described from time to time in the reports the Company files with the SEC, including those in the Company’s most recent Annual Report on Form 10-K and any updates thereto in the Company’s Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These risks and uncertainties may cause actual future results to be materially different than those expressed in such forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements, except as required by law.
