On September 14, 2021, the U.S. Department of Defense ('DoD') publicly disclosed on a website (www.sam.gov) that it intends to negotiate and award a firm fixed-price type sole-source contract to SIGA Technologies, Inc. ('SIGA,' or the 'Company') for the procurement of TPOXX®. The size and timing of any procurement of TPOXX was not disclosed. The Company believes that the initial order from a contract to be negotiated with the DoD likely will be for a limited quantity of TPOXX, and there can be no assurance that the Company will successfully negotiate the size, timing or terms of the contract or be awarded the contract at all. The Company intends to continue to discuss with the DoD as well as other agencies across the U.S. government the appropriate size and scope of TPOXX stockpiles to support pandemic preparedness and in light of DoD funding of studies to expand TPOXX labeling for post-exposure prophylaxis.
This report contains certain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements are subject to various known and unknown risks and uncertainties, and SIGA cautions you that any forward-looking information provided by or on behalf of SIGA is not a guarantee of future performance. More detailed information about SIGA and risk factors that may affect the realization of forward-looking statements, including the forward-looking statements in this report, is set forth in SIGA's filings with the Securities and Exchange Commission (the 'SEC'), including Item 1A. 'Risk Factors' of SIGA's Annual Report on Form 10-K for the year ended December 31, 2020, and SIGA's subsequent filings with the SEC. SIGA urges investors and security holders to read those documents free of charge at the SEC's website at http://www.sec.gov. All such forward-looking statements are current only as of the date on which such statements were made. SIGA does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.