24 unchanged sentences
Holders of Common Shares
−Removed: 23, 2025, there were approximately 335 holders of record of our common stock as reported by our transfer agent, VStock Transfer, LLC,
−Removed: which does not include shareholders whose shares are held in street or nominee names.
+Added: 26, 2026, there were approximately 74 holders of record of our common stock as reported by our transfer agent, VStock Transfer, LLC, which
+Added: does not include shareholders whose shares are held in street or nominee names.
We have never declared or paid any cash dividends
10 unchanged sentences
Subsequent to the Year Ended February 28,
−Removed: On March 3, 2025, we issued 27,500 shares of our
−Removed: common stock at a deemed price of $1.86 per share to one entity pursuant to a consulting agreement.
−Removed: We relied upon the exemption from
−Removed: registration under the Securities Act provided by Rule 506(b) of Regulation D and/or Section 4(a)(2) of the Securities Act for the issuance
−Removed: of the shares to the entity that is a U.S.
−Removed: On May 28, 2025, we issued an aggregate of 940,000
−Removed: shares of our common stock at a price of $2.50 per share to eight individuals due to the closing of a private placement for aggregate
−Removed: gross proceeds of $2,350,000.
−Removed: We relied upon the exemption from registration under the Securities Act, provided by Rule 903 of Regulation
−Removed: S promulgated under the Securities Act for the issuance of the shares to the non-U.S.
−Removed: persons as the shares were issued to the non-U.S.
−Removed: persons through offshore transactions which were negotiated and consummated outside the United States.
−Removed: The proceeds from the private placement
−Removed: offering will be used for general corporate and working capital purposes.
−Removed: In connection with the closing of the private
−Removed: placement on May 28, 2025, we paid cash finder’s fees of $235,000 to one non-U.S.
+Added: On May 13, 2026, the Company entered into a securities
+Added: purchase agreement with an institutional investor and issued a senior secured convertible note with an original principal amount of $5,000,000
+Added: and an original issue discount of $700,000.
+Added: The note is convertible into shares of the Company’s common stock at an initial fixed
+Added: conversion price of $0.94 per share, subject to adjustment as set forth in the note.
+Added: The note was, and the shares of common stock issuable
+Added: upon conversion of the note will be, issued in a transaction exempt from the registration requirements under the Securities Act in reliance
+Added: on Section 4(a)(2) thereof and Rule 506(b) of Regulation D thereunder.
+Added: See “Management’s Discussion and Analysis of Financial
+Added: Condition and Results of Operations —Recent Financing — May 2026 Note Offering” for a more detailed description.
Issuer Repurchases of Equity Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.