Number of
Warrants

Weighted
Average
Exercise
Price

Weighted
Average
Remaining
Term
(Years)

Intrinsic
Value

As of January 1, 2025

12,134,375

$

11.50

4.80

$

—

Granted

—

—

—

—

Exercised

—

—

—

—

Forfeited/Cancelled

—

—

—

—

As of June 30, 2025

12,134,375

$

11.50

4.30

$

—

As of January 1, 2026

12,134,375

$

11.50

3.80

$

—

Granted

—

—

—

—

Exercised

—

—

—

—

Forfeited/Cancelled

—

—

—

—

As of June 30, 2026

12,134,375

$

11.50

3.30

$

—

Vested and exercisable as of June 30, 2026

12,134,375

$

11.50

3.30

$

—