On August 6, 2026, the Board authorized the formation of a special committee (the "Committee") consisting of the Corporation's Executive Chairman, its Chief Executive Officer and its President (the "Authorized Officers"), and delegated the authority to the Committee to determine the ratio and date of the Reverse Split. On August 13, 2026, the Committee approved a one-for-five (1:5) Reverse Split of the Common Stock that will be effective in the State of Delaware on Monday, August 24, 2026. The Company anticipates that beginning with the opening of trading on Tuesday, August 25, 2026, the Company's Common Stock will trade on the NYSE American on a split-adjusted basis under a new CUSIP number, 09175M 879.