Item 2. Unregistered Sales of Equity Securities
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
On February
1, 2023 and March 22, 2023, the Company issued 2,000,000 and 500,000 shares of the Company’s common stock, respectively, in connection
with the Sigmaways acquisition. On March 22, 2023, the Company granted 671,350 shares of common stock to employees and service providers
of Sigmaways.
The
above issuances and sales were made pursuant to an exemption from registration as set forth in Section 4(a)(2) of the Securities Act
and/or Regulation D and/or Regulation S under the Securities Act.
ITEM
3. DEFAULTS UPON SENIOR SECURITIES
There
have been no defaults in any material payments during the covered period.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
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