As of June 30, 2026, the Company made advance payments of $19,203,660 (paid in Djiboutian francs of approximately DJF 3.4 billion) to third-party commodity trading suppliers in connection with purchase agreements for agricultural commodities in connection with certain trade opportunities that the Company identified. The advances represent prepayments for inventory to be delivered in subsequent periods. Key risks associated with these transactions include but not limited to foreign exchange risk stemming from conversion between Djiboutian franc and US dollars, risks related to the political and economic stability of Djibouti, performance risk of the counterparty suppliers and the legal enforceability of the executed purchase agreements. These advances are unsecured and non-interest bearing. Management has evaluated the recoverability of these advances and determined that no allowance was necessary as of June 30, 2026.

Subsequent to the June 30, 2026 balance sheet date, the Company executed formal refund agreements with all of the aforementioned commodity trading suppliers, and collected total refunds of approximately $19.2 million from these counterparties during September 2026. The Company is currently evaluating whether to pursue additional opportunities in the commodity trading business.