Risk Factors Update Summary
- Added $341 million accumulated deficit as of December 31, 2023, up from $280 million.
- Increased proceeds from the sale of assets from $85 million to $96.3 million.
- Series A Preferred Stock interest rate increased from SOFR + 7% to SOFR + 8%, then to SOFR + 10%.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1828852&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.