Item 3.02 Unregistered Sales of Equity Securities.

Pursuant to the Certificate of Designations of Series A Preferred Stock, on June 2, 2025, the Board of Directors of the Company declared a dividend on the shares of Series A Preferred Stock issued and outstanding as of the record date for such dividend, as a dividend in kind, in the form of 47,332 shares of Series A Preferred Stock in the aggregate (the "Series A Dividend Shares"). The Company issued the Series A Dividend Shares on June 3, 2025.

In addition, pursuant to the Certificate of Designations of Series C Preferred Stock, on June 2, 2025, the Board of Directors of the Company declared a dividend on the shares of Series C Preferred Stock issued and outstanding as of the record date for such dividend, as a dividend in kind, in the form of 21,584 shares of Series C Preferred Stock in the aggregate (the "Series C Dividend Shares"). The Company issued the Series C Dividend Shares on June 3, 2025.

The issuance of the Series A Dividend Shares and the Series C Dividend Shares was exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(a)(2).

Following the issuance of the Series A Dividend Shares and the Series C Dividend Shares, there are 4,799,867 shares of Series A Preferred Stock and 1,210,155 shares of Series C Preferred Stock outstanding.