WARRANTS |
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| Warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| WARRANTS | NOTE 10 — WARRANTS
On May 1, 2024, the Company issued under a Warrant Subscription Agreement for 200 warrants (post-split), exercisable within one year of the execution date of the agreement at a price of $500 (post-split). These warrants were expired during the year ended December 31, 2025.
The assumptions used to determine the fair value of the Warrants as follows:
On October 9, 2024, the Company authorized the issuance of up to $500,000 in non-convertible promissory notes with the attached warrants. Purchasers of the notes were issued 12 warrants (post split) to purchase common stock. The warrants are exercisable at a price of $500 per share (post-split) and shall expire two years after the issuance date.
The assumptions used to determine the fair value of the Warrants as follows:
As of March 31, 2026, the Company had warrants outstanding to purchase shares of common stock at an exercise price of $ per share, with a weighted average remaining contractual term of approximately years. There was no warrant activity during the three months ended March 31, 2026.
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