The closing of the private placement is expected to occur on or about, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the private placement. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements that include, but are not limited to, statements related to the completion of the private placement, the satisfaction of customary closing conditions related to the private placement and the intended use of proceeds therefrom. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.