Item 5.07 Submission of Matters to a Vote of Security Holders.

As previously reported, at the 2021 Annual Meeting, in a non-binding advisory vote, over a majority of the votes cast voted in favor of one year as the frequency with which the Company should hold future non-binding advisory votes on the compensation of its named executive officers. In light of these voting results and other factors, the Company has decided to hold future non-binding advisory votes on the compensation of its named executive officers on an annual basis, until the next non-binding advisory vote on the frequency of such votes on executive compensation.




 Item 8.01 Other Events.

As previously reported, at the 2021 Annual Meeting, the stockholders of the Company approved the issuance, in accordance with Nasdaq Listing Rule 5635(a), of the Company's common stock upon conversion of its Series X Preferred Stock issued in January and February 2021 (the "Conversion Proposal"). On June 8, 2021, the fourth business day following stockholder approval of the Conversion Proposal, 53,532 shares of Series X Preferred Stock automatically converted into 53,531,797 shares of the Company's common stock. The remaining shares of Series X Preferred Stock (which are convertible into 32,545,203 shares of common stock) did not automatically convert due to certain beneficial ownership limitations and will remain convertible at the option of the holder thereof, subject to certain beneficial ownership limitations.

As a result of the conversion of the shares of Series X Preferred Stock, as of June 9, 2021, 76,948,803 shares of the Company's common stock are issued and outstanding.

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