"On October 6, 2023, the Audit Committee engaged BF Borgers CPA PC (“BF Borgers”) and appointed the firm as the Company’s independent registered public accounting firm for the Company’s fiscal year ended May 31, 2024. Representatives of BF Borgers are expected to attend the Company’s annual meeting of stockholders to be held on November 9, 2023 (the “Annual Meeting”) and to be available to respond to appropriate questions, and will have an opportunity to make a statement if they desire to do so.
The appointment of BF Borgers followed the resignation of the Company’s former independent registered public accounting firm, Macias Gini & O’Connell LLP (“MGO”), as previously reported in the Company’s Form 8-K filed on September 25, 2023. Representatives of MGO are not expected to attend the Annual Meeting."