Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.2
Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On July 8, 2025, the Company and Yorkville entered into the Amended SEPA in which the Company and Yorkville agreed to extend the commitment period under the SEPA to August 1, 2027 and amend the purchase price of any shares sold under the Amended SEPA. Under the Amended SEPA, the purchase price per share for Class A common stock will be of the lowest daily VWAP of the Company’s Class A common stock over the Pricing Period, as defined by the agreement, less a discount of 2.45%. Transaction costs related to the Amended SEPA were immaterial.