| Schedule of Share Options Granted |
The fair value of the successor’s
share options granted during the period commencing July 24, 2024 through December 31, 2024 was estimated using the black Scholes model
using the following range assumptions:
| Description | | December 31, 2024 | | | | | | | | Risk-free interest rate | | | 4.51 | % | | Expected volatility | | | 105.6 | % | | Dividend yield | | | 0 | | | Expected term | | | 10 | | | Exercise price (USD) | | | 0.3 | |
|
| Schedule of Share-Based Payment Arrangement Option |
| | | Predecessor | | | | | Number of
options | | | Weighted average exercise price | | | Weighted
average
remaining
contractual
terms (in years) | | | Aggregate
intrinsic
value | | | | | | | | | | | | | | | | | Outstanding at December 31, 2023 | | | 5,657 | | | | 100 | | | | 9.88 | | | | - | | | Grants | | | 8,600 | | | | 100 | | | | 10 | | | | - | | | Outstanding at July 23, 2024 | | | 14,257 | | | | 100 | | | | 9.61 | | | | - | | | | | | | | | | | | | | | | | | | | | Vested and expected to vest at July 23, 2024 | | | 7,129 | | | | 100 | | | | 9.61 | | | | - | | | Exercisable at July 23, 2024 | | | 7,129 | | | | 100 | | | | 9.61 | | | | - | | | | | Successor | | | | | Number of options | | | Weighted average exercise price | | | Weighted
average
remaining
contractual
terms (in years) | | | Aggregate
intrinsic
value | | | | | | | | | | | | | | | | | Outstanding at July 24, 2024 | | | 7,020,000 | | | | 0.18 | | | | 6.1 | | | | - | | | Grants | | | 740,000 | | | | 0.3 | | | | 10 | | | | - | | | Exercised | | | (2,800,000 | ) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding at December 31, 2024 | | | 4,960,000 | | | | 0.3 | | | | 6.1 | | | | - | | | | | | | | | | | | | | | | | | | | | Vested and expected to vest at December 31, 2024 | | | 4,960,000 | | | | 0.3 | | | | 6.1 | | | | - | | | | | | | | | | | | | | | | | | | | | Exercisable at December 31, 2024 | | | 3,790,000 | | | | 0.38 | | | | 5.1 | | | | - | |
| | | Successor | | | | | Number of
options | | | Weighted average exercise price | | | Weighted
average
remaining
contractual
terms (in years) | | | Aggregate
intrinsic
value | | | | | | | | | | | | | | | | | Outstanding at January 1, 2025 | | | 4,960,000 | | | | 0.3 | | | | 6.1 | | | | - | | | Forfeited | | | (690,000 | ) | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | | | Outstanding at December 31, 2025 | | | 4,270,000 | | | | 0.3 | | | | 4.9 | | | | - | | | | | | | | | | | | | | | | | | | | | Vested and expected to vest at December 31, 2025 | | | 4,270,000 | | | | 0.3 | | | | 4.9 | | | | - | | | | | | | | | | | | | | | | | | | | | Exercisable at December 31, 2025 | | | 4,270,000 | | | | 0.38 | | | | 5.1 | | | | - | |
|