On January 8, 2021, Gatemore Capital Management LLP submitted a letter to PolarityTE, Inc., demanding production of certain of the the Company’s books and records pursuant to section 220 of the General Corporation Law of the State of Delaware in connection with the board's sanctioning of 2 dilutive public offerings implemented without shareholder approval and in a manner which the Gatemore believes was in dereliction of the board's fiduciary duties.