# EDGAR Filing Document

**Accession Number:** 0001937891
**File Stem:** 0001493152-26-021292
**Filing Date:** 2026-5
**Character Count:** 27424
**Document Hash:** ab837f7f2e1678ded8d55d39a7aa797b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-021292.hdr.sgml**: 20260505

**ACCESSION NUMBER**: 0001493152-26-021292

**CONFORMED SUBMISSION TYPE**: 10-K/A

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260505

**DATE AS OF CHANGE**: 20260505

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMC Robotics Corp
- **CENTRAL INDEX KEY:** 0001937891
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES [5700]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41574
- **FILM NUMBER:** 26942816

**BUSINESS ADDRESS:**
- **STREET 1:** 420 LEXINGTON AVE, SUITE 2446
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10170
- **BUSINESS PHONE:** 917-353-8978

**MAIL ADDRESS:**
- **STREET 1:** 420 LEXINGTON AVE, SUITE 2446
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10170

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AlphaVest Acquisition Corp.
- **DATE OF NAME CHANGE:** 20220713

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 10-K/A**

**(Amendment No. 1)**

**(Mark One)**

☒ ANNUAL
 REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

**For the fiscal year ended December 31, 2025**

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934

For the transition period from ________to__________

Commission file number **<u>001-41574</u>**

**<u>AMC ROBOTICS CORPORATION</u>**

(Exact Name of Registrant as Specified in its Charter)

---

| | |
|:---|:---|
| **Delaware** | **41-3041844** |
| (State of Incorporation) | (I.R.S. Employer ID No.) |

---

**12 East 49<sup>th</sup> Street** **, Suite 1805**

**<u>New York, New York 10017</u>**

(Address of Principal Executive Offices)

Registrant's telephone number, including area code: **<u>(734) 709-5127</u>**

Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| Title of Each Class | Name of Each Exchange on Which Registered |
| **Common Stock, par value $0.0001 per share** **AMCI** | **The Nasdaq Stock Market LLC** |

---

<u>Securities registered pursuant to Section 12(g) of the Act</u>:

**None**

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Securities Exchange Act. Yes ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit reports. ☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No ☒

The registrant consummated its initial business combination in December 2025. Accordingly, the combined company's securities were not publicly traded at that time.

As of April 20, 2026, 22,595,363 shares of the registrant's Common Stock were outstanding.

**DOCUMENTS INCORPORATED BY REFERENCE**

None.

**EXPLANATORY NOTE**

This Amendment No. 1 (this "Amendment") on Form 10-K/A amends the Annual Report on Form 10-K for the year ended December 31, 2025 of AMC Robotics Corporation (the "Company"), filed with the Securities and Exchange Commission on April 20, 2026 (the "Original Form 10-K") to include an additional exhibit that was mistakenly omitted.

Other than as set forth above, this Amendment does not reflect events occurring after the filing of the Original Form 10-K, and no other information in the Original Form 10-K is amended hereby. Other events or circumstances occurring after the date of the Original Form 10-K or other disclosures necessary to reflect subsequent events have not been updated subsequent to the date of the Original Form 10-K. Accordingly, this Amendment should be read in conjunction with the Original Form 10-K and our filings with the SEC subsequent thereto.

**TABLE OF CONTENTS**

---

| | | | |
|:---|:---|:---|:---|
| [PART IV](#a_001) |  |  |  |
|  | Item 15. | [Exhibits and Financial Statement Schedules](#a_001) | 1 |

---

i

**Item 15. Exhibits and Financial Statement Schedules**

**(a) Financial Statements and Financial Statement Schedules**

*Exhibits*

The exhibits listed in the Exhibit Index below are filed or incorporated by reference as part of this Annual Report on Form 10-K.

---

| | |
|:---|:---|
| *Exhibit No.* | *Description* |
| 2.1 | [Business Combination Agreement (incorporated by reference to Exhibit A to the Company's definitive proxy statement dated September 2, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225012579/formdef14a.htm#t_038) |
| 2.2 | [Amendment to Business Combination Agreement (incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K filed on July 1, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000164117225017369/ex2-1.htm) |
| 3.1 | [Form of Certificate of Domestication of AlphaVest Acquisition Corp (incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K filed on December 15, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225027820/ex3-1.htm) |
| 3.2 | [Certificate of Incorporation (incorporated by reference to Exhibit 3.2 to the Company's Current Report on Form 8-K filed on December 15, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225027820/ex3-2.htm) |
| 3.3 | [Bylaws (incorporated by reference to Exhibit 3.3 to the Company's Current Report on Form 8-K filed on December 15, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225027820/ex3-3.htm) |
| 4.1 | [Specimen Common Stock Certificate of Company (incorporated by reference to Exhibit 4.5 to Company's Registration Statement filed on Form S-4, File No. 333-283183 filed on August 4, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000164117225022054/ex4-5.htm) |
| 4.2\* | [Description of Securities](https://www.sec.gov/Archives/edgar/data/1937891/000149315226018144/ex4-2.htm) |
| 10.1 | [Lock-up Agreement (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of AlphaVest Acquisition Corp. filed with the SEC on August 22, 2024)](https://www.sec.gov/Archives/edgar/data/1937891/000149315224033573/ex10-3.htm) |
| 10.2 | [Form of Amended and Restated Registration Rights Agreement (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed on December 15, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225027820/ex10-2.htm) |
| 10.3 | [Form of Indemnification Agreement. (incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed on December 15, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225027820/ex10-3.htm) |
| 10.4 | [Form of private placement purchase Agreement. (incorporated by reference to Exhibit 10.4 to the Company's Current Report on Form 8-K filed on December 15, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225027820/ex10-4.htm) |
| 10.5 | [Form of private placement registration rights agreement (incorporated by reference to Exhibit 10.5 to the Company's Current Report on Form 8-K filed on December 15, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225027820/ex10-5.htm) |
| 10.6 | [Form of private placement warrant (incorporated by reference to Exhibit 10.6 to the Company's Current Report on Form 8-K filed on December 15, 2025)](https://www.sec.gov/Archives/edgar/data/1937891/000149315225027820/ex10-6.htm) |
| 14 | [Code of Ethics (incorporated by reference to Exhibit 14.1 to our Registration Statement (No. 333-268188) filed with the SEC on December 13, 2022)](https://www.sec.gov/Archives/edgar/data/1937891/000149315222030725/ex14-1.htm) |
| 19.1\* | [Insider Trading Policy](https://www.sec.gov/Archives/edgar/data/1937891/000149315226018144/ex19-1.htm) |
| 31.1 | [PEO Section 302 Certification](ex31-1.htm) |
| 31.2 | [PFO Section 302 Certification](ex31-2.htm) |
| 32.1 | [PEO Section 906 Certification](ex32-1.htm) |
| 32.2 | [PFO Section 906 Certification](ex32-2.htm) |
| 97.1 | [Clawback Policy (filed herewith)](ex97-1.htm) |
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document |
| 101.LAB | Inline XBRL Taxonomy Extension Labels Linkbase Document |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

\*Previously filed

**SIGNATURES**

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| **AMC ROBOTICS CORPORATION** | **AMC ROBOTICS CORPORATION** |
| By: | */s/ Shengwei Da* |
|  | Shengwei (Sean) Da |
|  | Chief Executive Officer and Chairman of the Board |
|  | (Principal Executive Officer) |

---

Date: May 5, 2026

## Exhibit 31.1

**Exhibit 31.1**

Certification of Chief Executive Officer, pursuant to Rules 13a-14(a) and 15d-14(a) Under the Securities Exchange Act of 1934

I, Shengwei (Sean) Da, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I
 have reviewed this Annual Report on Form 10-K/A of AMC Robotics Corp. **;** 

2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
 to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to
 the period covered by this report;

3. Based
 on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
 respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in
 this report;

4. The
 registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures
 (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange
 Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant is made known to us by others within those entities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding reliability of financial reporting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about their effectiveness as of the end of the period covered by this report; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting;

&nbsp;&nbsp;&nbsp;&nbsp;5. The
 registrant's other certifying officer and I have disclosed to the auditors and the audit committee:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud involving management or employees with a significant role in internal control over financial reporting.

---

| |
|:---|
| Date: May 5, 2026 |
| */s/ Shengwei (Sean) Da* |
| Shengwei (Sean) Da |
| Chief Executive Officer |
| (Principal Executive Officer) |

---

## Exhibit 31.2

**Exhibit 31.2**

Certification of Chief Financial Officer, pursuant to Rules 13a-14(a) and 15d-14(a)

I, Min Ma, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I
 have reviewed this Annual Report on Form 10-K/A of AMC Robotics Corp.;

2. Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information
included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal
control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant is made known to us by others within those entities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding reliability of financial reporting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about their effectiveness as of the end of the period covered by this report; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting;

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer and I have disclosed to
the auditors and the audit committee:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud involving management or employees with a significant role in internal control over financial reporting.

---

| |
|:---|
| Date: May 5, 2026 |
| */s/ Min Ma* |
| Min Ma |
| VP, Finance |
| (Principal Financial and Accounting Officer) |

---

## Exhibit 32.1

**Exhibit 32.1**

Certification of Chief Executive Officer, pursuant to 18 U.S.C. §1350 (Section 906 of Sarbanes-Oxley)

In connection with the Annual Report of AMC Robotics Corp. (the "Company") on Form 10-K/A for the year ended December 31, 2025 (the "Report"), I, Shengwei (Sean) Da, Chief Executive Officer of the Company, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The
 information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
 of the Company.

---

| |
|:---|
| Date: May 5, 2026 |
| */s/ Shengwei (Sean) Da* |
| Shengwei (Sean) Da |
| Chief Executive Officer |

---

## Exhibit 32.2

**Exhibit 32.2**

Certification of Chief Financial Officer, pursuant to 18 U.S.C. §1350 (Section 906 of Sarbanes-Oxley)

In connection with the Annual Report of AMC Robotics Corp. on Form 10-K/A for the year ended December 31, 2025 (the "Report"), I, Min Ma, VP, Finance, of the Company, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. The
 Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The
 information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
 of the Company.

---

| |
|:---|
| Date: May 5, 2026 |
| */s/ Min Ma* |
| Min Ma |
| VP, Finance |

---

## Exhibit 97.1

**Exhibit 97.1**

**CLAWBACK POLICY**

AMC Robotics Corporation (the "<u>Company</u>") will recover reasonably promptly the amount of erroneously awarded incentive-based compensation in the event that the Company is required to prepare an accounting restatement due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period (an "<u>accounting restatement</u>").

This policy applies to all incentive-based compensation received by a person:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) after
 beginning service as an executive officer;

(2) who
 served as an executive officer at any time during the performance period for that incentive-based compensation;

(3) while
 the Company has a class of securities listed on a national securities exchange or a national securities association; and

(4) during
 the three completed fiscal years immediately preceding the date that the Company is required to prepare an accounting restatement; *provided* that this policy also applies to any transition period that results from a change in the Company's fiscal year
 within or immediately following the three completed fiscal year period; *provided further* that a transition period between
 the last day of the Company's previous fiscal year end and the first day of its new fiscal year that comprises a period of
 nine to 12 months would be deemed a completed fiscal year; *provided further* that this policy will only apply to incentive-based
 compensation received on or after October 2, 2023.

Incentive-based compensation is deemed received in the Company's fiscal year during which the financial reporting measure specified in the incentive-based compensation award is attained, even if the payment or grant of the incentive-based compensation occurs after the end of that period.

For purposes of determining the relevant recovery period, the date that the Company is required to prepare an accounting restatement is the earlier to occur of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the
 date the Company's board of directors, a committee of the board of directors, or the officer or officers of the Company authorized
 to take such action if board action is not required, concludes, or reasonably should have concluded, that the Company is required
 to prepare an accounting restatement; or

(2) the
 date a court, regulator, or other legally authorized body directs the Company to prepare an accounting restatement.

The amount of incentive-based compensation that is subject to recovery under this policy ("<u>erroneously awarded compensation</u>") is the amount of incentive-based compensation received that exceeds the amount of incentive-based compensation that otherwise would have been received had it been determined based on the restated amounts. The amount of incentive-based compensation that is subject to recovery will be computed without regard to any taxes paid. For incentive-based compensation based on stock price or total shareholder return, where the amount of erroneously awarded compensation is not subject to mathematical recalculation directly from the information in an accounting restatement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the
 amount will be based on a reasonable estimate of the effect of the accounting restatement on the stock price or total shareholder
 return upon which the incentive-based compensation was received; and

(2) the
 Company will maintain documentation of the determination of that reasonable estimate and provide such documentation to the Nasdaq
 Stock Market ("Nasdaq").

The Company will recover erroneously awarded compensation in accordance with this policy, except to the extent that any of the following conditions are met and the Company's Compensation Committee has made a determination that recovery would be impracticable:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the
 direct expense paid to a third party to assist in enforcing this policy would exceed the amount to be recovered; *provided* that before concluding that it would be impracticable to recover any amount of erroneously awarded compensation based on expense
 of enforcement, the Company will make a reasonable attempt to recover such erroneously awarded compensation, document such reasonable
 attempt(s) to recover and provide such documentation to Nasdaq;

(2) recovery
 would violate home country law where that law was adopted prior to November 28, 2022; *provided* that before concluding that
 it would be impracticable to recover any amount of erroneously awarded compensation based on violation of home country law, the Company
 will obtain an opinion of home country counsel, acceptable to Nasdaq, that recovery would result in such a violation and provide
 such opinion to the Nasdaq; or

(3) recovery
 would likely cause an otherwise tax-qualified retirement plan, under which benefits are broadly available to employees of the Company,
 to fail to meet the requirements of 26 U.S.C. 401(a)(13) or 26 U.S.C. 411(a) and regulations thereunder.

The Company will not indemnify any executive officer or former executive officer against the loss of erroneously awarded compensation.

The Company will provide the required disclosures with respect to this policy in applicable Securities and Exchange Commission filings in accordance with the requirements of applicable securities laws on or after October 2, 2023.

For purposes of this policy, the following terms have the definitions set forth below:

"<u>Executive officer</u>" means the Company's president, principal financial officer, principal accounting officer (or if there is no such accounting officer, the controller), any vice-president of the Company in charge of a principal business unit, division or function (such as sales, administration, or finance), any other officer who performs a policy-making function, or any other person who performs similar policy-making functions for the Company. Executive officers of the Company's parent(s) or subsidiaries are deemed executive officers of the Company if they perform such policy making functions for the Company.

"<u>Financial reporting measures</u>" means measures that are determined and presented in accordance with the accounting principles used in preparing the Company's financial statements and any measures that are derived wholly or in part from such measures. Stock price and total shareholder return are also financial reporting measures. A financial reporting measure need not be presented within the financial statements or included in a filing with the Securities and Exchange Commission.

"<u>Incentive-based compensation</u>" means compensation that is granted, earned or vested based wholly or in part upon the attainment of a financial reporting measure.

This policy is not intended to limit the Company's ability to pursue other means to recover damages resulting from wrongdoing. The Company retains all rights it may have under applicable law.

This policy may be amended from time to time in the Company's sole discretion.

Notwithstanding the foregoing, this policy will be interpreted to comply with the applicable securities laws, including the requirements of (1) Section 10D of the Securities Exchange Act of 1934 (the "<u>Exchange Act</u>"), (2) Rule 10D-1 under the Exchange Act, and (3) the listing standards adopted by Nasdaq pursuant to Rule 10D-1, and, to the extent this policy is in any manner deemed inconsistent with such requirements, this policy shall be treated as retroactively amended to be compliant with such requirements.