Item 5. Other Information

On December 15, 2023, the Company and Efrain Rivera, its former Senior Vice President and Chief Financial Officer, agreed to extend the period for Mr. Rivera to serve as a senior advisor to the Company. Mr. Rivera will continue to serve as a senior advisor to the Company on a full-time basis until February 29, 2024 and on a part-time basis until August 1, 2024. Mr. Rivera has agreed to forfeit the equity awards granted to him in July 2023. Mr. Rivera’s base salary will be $10,000 per month effective March 1, 2024 to reflect his part-time status. There are no other changes to Mr. Rivera’s existing compensation.

During the three months ended November 30, 2023, none of our directors or officers (as defined by Rule 16a-1 under the Exchange Act), adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act or any “non-Rule 10b5-1 trading arrangement” (as defined by Item 408(c) of Regulation S-K).