Audit Update - The audit process for Regenx has expanded significantly in scope, leading to delays and a cease trade order (CTO) [2][4] - All requested information has been provided to auditors, with remaining work focused on audit testing and finalization procedures [3] - The CFO has stated that there are no undisclosed issues expected in the audited financial statements, and delays are procedural rather than substantive [4] Debenture Extension - Regenx has extended the maturity of its debentures from January 2026 to January 31, 2027, with all other terms remaining unchanged [6] Operational Update - Bob Fair has concluded his formal engagement with Regenx as of December 31, 2025, after accepting another full-time position [7] - The operational team at the Newport, Tennessee facility is well-positioned to continue operations successfully following Mr. Fair's leadership [8]