Current Report (8-K)

Following an SEC staff statement on warrant accounting, the company determined that its previously issued warrants must be reclassified from equity to derivative liabilities measured at fair value rather than equity securities, requiring restatement of all financial statements from inception through September 30, 2020. The company is amending its 2020 Form 10-K to reflect this reclassification and will disclose the impact on previously reported financial results, though the warrant terms themselves remain unchanged.