Covered Securities Pursuant to Section 18 of the Securities Act of 1933

The Securities and Exchange Commission ("SEC' or "Commission') is adopting an amendment to a rule under Section 18 of the Securities Act of 1933 ("Securities Act') to designate securities listed, or authorized for listing, on the Nasdaq Capital Market tier of The NASDAQ Stock Market LLC ("Nasdaq') as covered securities for purposes of Section 18 of the Securities Act. Covered securities under Section 18 of the Securities Act are exempt from State law registration requirements. The Commission also is making a correction to the rule text to conform it to the language of Section 18 of the Securities Act.