| SCHEDULE OF SECURITIES PURCHASE AGREEMENT |
On
April 28, 2024, the Company and the Purchaser entered into an Omnibus Amendment Agreement No. 1 (the “Amendment”),
which amended the SPA to, adjust the closings which were to take place under the SPA as follows:
SCHEDULE OF SECURITIES PURCHASE AGREEMENT
| # | |
Initial
Stated Value
of Preferred Stock
to be issued
by installment | | |
Warrants
to be issued | | |
Closing
Date | |
Aggregate Purchase
Price by
installment (USD) | |
| Initial Closing | |
$ | 550,000 | | |
| 220,000 | | |
Initial Closing Date | |
$ | 500,000
(“Initial Closing Amount”) | |
| Second Closing | |
$ | 275,000 | | |
| - | | |
On or before June 30, 2024
(the “Second Closing Date”) | |
$ | 250,000
(“Second Closing Amount”) | |
| Third Closing | |
$ | 825,000 | | |
| 100,000 | | |
On or before June 30, 2024 | |
$ | 750,000
(“Third Closing Amount”) | |
| Fourth Closing | |
$ | 1,100,000 | | |
| - | | |
Such
date as is no later than 180 days (the “Fourth Closing Date”) after the shares of common stock issuable in respect
of the Series B Preferred Stock sold in each of the Initial Closing, Second Closing, the Third Closing, and the Fourth Closing have
been registered under the Securities Act of 1933, as amended (the “Securities Act”), subject to any limitations
pursuant to Rule 415 | |
$ | 1,000,000.00
(the “Fourth Closing Amount”) | |
| Total | |
$ | 2,750,000 | | |
| 320,000 | | |
| |
$ | 2,500,000 | |
|