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May 2022 Credit Agreement
The Company has received a Notice of Acceleration from its lenders asserting certain events of default relating to non-payment of certain principal and interest amounts and fees due and payable under the May 9, 2022 Credit Agreement on January 31, 2024. The Company is seeking to reach a resolution with the lenders and will pursue a defense to any potential enforcement action taken by the lenders. Additional information can be found on the Current Report on Form 8-K that the Company filed with the U.S. Securities and Exchange Commission ("SEC") on February 12, 2024.
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