Item 2.01. Completion of Acquisition or Disposition of Assets.
As previously disclosed, on
Pursuant to the Agreement, the Company sold 100% of the equity interests in
The transaction closed effective
The foregoing description is qualified in its entirety by reference to the full
text of the Agreement, which was filed as Exhibit 4.1 to
the Registrant's Current Report on Form 8-K dated
The information in this Current Report on Form 8-K may contain forward-looking
statements based on management's current expectations and projections, which are
intended to qualify for the safe harbor of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. The statements contained herein that are not historical facts are
considered "forward-looking statements." Such forward-looking statements may be
identified by, among other things, the use of forward-looking terminology such
as "believes," "expects," "may," "will," "should," or "anticipates" or the
negative thereof or other variations thereon or comparable terminology, or by
discussions of strategy that involve risks and uncertainties. In particular,
statements regarding the efficacy of investment in research and development are
examples of such forward-looking statements. The forward-looking statements
include risks and uncertainties, including, but not limited to, the effect of
political, economic, and market conditions and geopolitical events, including
the current COVID-19 global crisis; legislative and regulatory changes that
affect our business; the availability of funds and working capital; the actions
and initiatives of current and potential competitors; investor sentiment; and
our reputation. The Registrant does not undertake any responsibility to publicly
release any revisions to these forward-looking statements to take into account
events or circumstances that occur after the date of this report. Additionally,
the Registrant does not undertake any responsibility to update you on the
occurrence of any unanticipated events, which may cause actual results to differ
from those expressed or implied by any forward-looking statements. The factors
discussed herein are expressed from time to time in the Registrant's filings
with the
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