| Schedule of Forward Purchase Agreements |
The
reconciliation statement of the Common Stock held by the FPA holders is as follows:
Schedule of Forward Purchase Agreements
| | |
Vellar | | |
Midtown East | | |
Verdun | | |
Total | |
| | |
Shares | | |
Amount | | |
Shares | | |
Amount | | |
Shares | | |
Amount | | |
Shares | | |
Amount | |
| As on December 31, 2024 | |
| 48,560 | | |
$ | 1,214,005 | | |
| 75,896 | | |
$ | 1,897,405 | | |
| 58,912 | | |
$ | 1,472,811 | | |
| 183,368 | | |
$ | 4,584,221 | |
| Less: Shares sold during the six months ended June 30, 2025 | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Less: Reclassification to additional paid-in capital for the six months ended June 30, 2025 | |
| - | | |
| (1,214,005 | ) | |
| - | | |
| (1,897,405 | ) | |
| - | | |
| (1,472,811 | ) | |
| - | | |
| (4,584,221 | ) |
| Total | |
| 48,560 | | |
$ | - | | |
| 75,896 | | |
$ | - | | |
| 58,912 | | |
$ | - | | |
| 183,368 | | |
$ | - | |
|
Schedule of Forward Purchase Agreement
| |
|
|
|
As of
December 31, 2023 |
|
|
Shares sold during
the year ended
December 31, 2024 |
|
|
As of
December 31, 2024 |
|
| S.no |
|
Name of the party |
|
Opening
Shares
(a) |
|
|
Amount |
|
|
Shares
(b) |
|
|
Amount |
|
|
Shares
(c=a-b) |
|
|
Rest price
(iii) |
|
|
Amount
(c x iii) |
|
| 1 |
|
Vellar |
|
|
48,560 |
|
|
$ |
1,214,005 |
|
|
|
- |
|
|
$ |
- |
|
|
|
48,560 |
|
|
|
25 |
|
|
|
1,214,005 |
|
| 2 |
|
Midtown East |
|
|
75,896 |
|
|
|
1,897,405 |
|
|
|
- |
|
|
|
- |
|
|
|
75,896 |
|
|
|
25 |
|
|
|
1,897,405 |
|
| 3 |
|
Verdun |
|
|
58,912 |
|
|
|
1,472,811 |
|
|
|
- |
|
|
|
- |
|
|
|
58,912 |
|
|
|
25 |
|
|
|
1,472,811 |
|
| Grand total |
|
|
|
|
183,368 |
|
|
$ |
4,584,221 |
|
|
|
- |
|
|
$ |
- |
|
|
|
183,368 |
|
|
|
25 |
|
|
|
4,584,221 |
|
|