Item 8.01 Other Events.

On February 3, 2023, the Company entered into an agreement with third parties to begin analyzing short selling in the Company's securities.

The SEC adopted the "Naked" Short Selling Antifraud Rule to address fails to deliver on securities that have been associated with naked short selling. The rule further addresses the liability of short sellers, including broker-dealers acting for their own accounts, who deceive specified persons about their intention or ability to deliver securities in time for settlement (including persons that deceive their broker-dealer about their locate source or ownership of shares) and that fail to deliver securities by settlement date.

As defined in Rule 203(c)(6) of Regulation SHO, a "threshold security" is any equity security of any issuer that is registered under Section 12 of the Exchange Act, or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where for five consecutive settlement days:





    1.  There are aggregate fails to deliver at a registered clearing agency of
        10,000 shares or more per security;




    2.  The level of fails is equal to at least one-half of one percent of the
        issuer's total shares outstanding; and




    3.  The security is included on a list published by a self-regulatory
        organization (SRO).

In September 2021 and again in recent weeks, the Company's shares have been reported under Regulation SHO Threshold Security List for several days. The Company has also taken steps to establish an oversight team and engage legal counsel to address concerns related to excessive short selling of the Company's shares.

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