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Item 8.01 Other Events.
On February 27, 2026, Lunai Bioworks Inc. (the “Company”) implemented a temporary furlough of its employees in the United States and Canada as part of actions intended to preserve the Company’s liquidity while it continues to pursue additional financing.
During the furlough period, affected employees will not perform services for the Company and will not receive compensation, subject to applicable laws and contractual obligations. The Company intends for the furlough to be temporary; however, the duration of the furlough will depend on the Company’s ability to secure additional capital.
In addition, the Company’s Chief Executive Officer and Chief Financial Officer have voluntarily agreed to temporarily defer payment of their salaries during this period. This deferral does not modify the terms of their respective employment arrangements.
The Company continues to maintain limited operations, remains engaged in efforts to secure additional capital, and has begun recalling certain operational employees from furlough to support ongoing platform development and related programs. The Company intends to recall additional employees as circumstances permit.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LUNAI BIOWORKS, INC. | ||
| By: | /s/ David Weinstein | |
| Name: | David Weinstein | |
| Title: | Chief Executive Officer | |
| Date: March 5, 2026 | ||