Item 8.01 Other Events.
On
Furthermore, in the event that TT Investimentos increases its beneficial ownership to in excess of 7.5% of the Company's outstanding shares of common stock and then subsequently reduces its beneficial ownership to below 7.5%, the approval granted pursuant to the Letter shall immediately terminate and TT Investimentos would need to obtain a new approval from the Company's Board of Directors before seeking to again increase its beneficial ownership to in excess of 7.5% of the Company's outstanding shares of common stock.
A copy of the Letter is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference as if fully set forth herein. The foregoing summary description of the Letter is not intended to be complete and is qualified in its entirety by the complete text of the Letter.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits. Exhibit Description 99.1 Letter to TT Investimentos Ltda datedApril 5, 2021 .
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