Item 2.02 Results of Operations and Financial Condition.
On
The information in this Current Report on Form 8-K and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (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, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 2.05 Costs Associated with Exit or Disposal Activities.
On
In conjunction with the workforce reduction, the Company expects to record
restructuring charges totaling between
Cautionary Statements Regarding Forward-Looking Statements
The disclosure contained in this Current Report on Form 8-K contains certain
forward-looking information about the Company that is intended to be covered by
the safe harbor for "forward-looking statements" provided by the Private
Securities Litigation Reform Act of 1995, as amended. Forward-looking statements
are statements that are not historical facts. Words such as "expect(s),"
"feel(s)," "believe(s)," "will," "may," "anticipate(s)" and similar expressions
are intended to identify forward-looking statements. These statements include,
but are not limited to, statements regarding the benefits of the proposed
restructuring, the anticipated timing and details of the reduction in workforce,
expected expenses, and costs associated with the reduction in workforce that the
Company expects to incur. These statements are based on current expectations,
estimates, and projections about the Company's business based, in part, on
assumptions made by management, and are subject to a number of risks and
uncertainties. Factors that could cause actual results to differ materially from
current expectations include possible changes in the expected costs and expenses
associated with the reduction in workforce and risks associated with the
Company's ability to achieve the expected benefits of the reduction in workforce
and realignment of its resources. Additionally, these forward-looking statements
should be considered in conjunction with the cautionary statements and risk
factors described 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 issued by the registrant onAugust 5, 2022 , furnished herewith. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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