14. Subsequent Event

On July 28, 2026, the Company entered into a Securities Purchase Agreement with certain investors pursuant to which the Company, in a private placement, agreed to issue and sell to the investors an aggregate of (i) 3,577,560 shares of the Company’s common stock, par value $0.0001 per share and (ii) pre-funded warrants to purchase up to 715,513 shares of the Company’s common stock. Each share was offered and sold at a purchase price of $34.94 before deducting underwriting discounts and commissions and each pre-funded warrant was offered and sold at a purchase price of $34.9399, which is equal to the purchase price per share less the $0.0001 exercise price of each pre-funded warrant, before deducting underwriting discounts and commissions. The Company received gross proceeds of $150.0 million, before deducting any transaction-related expenses. In connection with the private placement, the Company entered into a registration rights agreement pursuant to which it agreed to register the resale of the shares issued in the private placement.