"We may be unable to issue sufficient additional shares to operate our business, including pursuant to existing potential
sources of capital, or strategic transactions, unless we obtain stockholder approval to amend our certificate of incorporation
to increase the number of authorized shares of our common stock available for issuance.
We operate in a capital-intensive industry. We may not have sufficient unissued shares of common stock for future
issuances to raise funds to execute our business plan, depending upon our stock price when funds are raised. Having additional
authorized shares of common stock available is critical to our ability to run our business and our continued efforts to pursue our
strategic goals and we will be limited by the number of shares available for future capital raising transactions, including
pursuant to the Equity Distribution Agreement, agreements we may enter into in the future, or for business development
transactions or acquisitions, unless we obtain stockholder approval of an amendment to our restated certificate of incorporation
to increase the number of authorized shares of our common stock. We plan to solicit the approval of our stockholders to amend
our restated certificate of incorporation to increase the number of authorized shares of our common stock at our annual meeting
of stockholders in 2024, but have in the past encountered difficulties obtaining stockholder approval for similar proposals, and
there can be no assurance that our stockholders will approve the amendment. A delay in securing, or a failure to secure,
stockholder approval to amend our restated certificate of incorporation to increase our authorized common stock will adversely
affect our ability to raise capital to operate our business, and would have a material adverse effect on our business, prospects,
operations and financial condition."
www.sec.gov/Archives/edgar/data/1731289/...9724000904/ars.pdf