Item 2.05 Costs Associated with Exit or Disposal Activities.
On
One-time restructuring charges associated with the reduction in force are
expected to be approximately
Note Regarding Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements as that term
is defined in Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements involve
substantial risks and uncertainties. All statements other than statements of
historical fact contained in this Form 8-K are forward-looking statements
including statements relating to the Company's plans, expectations, forecasts
and future events. Such forward-looking statements include, but are not limited
to, the potential of, and expectations regarding the Company's business
strategy, statements relating to the anticipated timing and details of the Plan
and the expected impacts, charges and costs associated with the Plan that the
Company expects to incur. In some cases, you can identify forward-looking
statements by terminology such as "believe," "estimate," "intend," "may,"
"plan," "potentially," "will," "expect," "enable," "likely" or the negative of
these terms or other similar expressions. We have based these forward-looking
statements largely on our current expectations and projections about future
events and trends that we believe may affect our financial condition, results of
operations, business strategy and financial needs. Actual events, trends or
results could differ materially from the plans, intentions and expectations
disclosed in these forward-looking statements based on various factors.
Information regarding the foregoing and additional risks may be found in the
section entitled "Risk Factors" in the Company's Annual and Quarterly Reports on
Form 10-K and 10-Q filed with the
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