• Board moved to terminate Tax Benefit Protection Plan by accelerating expiration of NOL Rights Plan to May 12, 2026, from April 5, 2027.
• Plan had been designed to protect federal net operating loss carryforwards by deterring stock accumulations above a threshold that could trigger an ownership change under Internal Revenue Code rules.
• Stockholders will not need to take any action in connection with termination.
• Board cited factors including regaining compliance with Nasdaq listing standards, alongside shareholder feedback on corporate governance practices.

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