Item 2.02. Results of Operations and Financial Condition.
On
The information in this Item 2.02 (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 2.05. Costs Associated with Exit or Disposal Activities.
On
The Company estimates that pre-tax Restructuring Plan charges will be
approximately
This Item 2.05 contains "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, including, but not limited to,
statements related to the expected costs associated with termination benefits
and the financial impact of the Reduction in Force. These forward-looking
statements are based on the Company's current expectations and inherently
involve significant risks and uncertainties. The Company's actual results and
the timing of events could differ materially from those anticipated in such
forward-looking statements as a result of these risks and uncertainties, which
include, without limitation, risks related to cost reduction efforts. In
addition, the Company's Reduction in Force costs may be greater than anticipated
and the Reduction in Force may have an adverse impact on the Company's
development activities. A further description of the risks and uncertainties
relating to the business of the Company is contained in the Company's Annual
Report on Form 10-K for the year ended
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description 99.1 Press release datedApril 28, 2020 .
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