|Item 4.||Purpose of Transaction.|
Item 4 of the Schedule 13D is hereby amended to add the following:
On September 9, 2021, Philotimo delivered a letter to the Issuer nominating a slate of five highly-qualified candidates including, David L. Kanen, Nanxi Liu, David Meniane, Mehran Nia and L. William Varner, Jr. (collectively, the “Nominees”) for election to the Board at the Issuer’s 2021 annual meeting of stockholders (the “2021 Annual Meeting”).
On September 9, 2021, KWM issued a press release (the “Press Release”) announcing the nomination of the Nominees. A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.