SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: November 3, 2023, the Company issued an aggregate of 292,500 Options to Purchase Stock to its executive officers and members of its board
−Removed: of directors pursuant to the Iveda Solutions, Inc.
−Removed: 2020 Plan (the “2020 Plan”).
−Removed: stock options were issued in reliance on the exemption from registration under the Securities Act provided in Section 4(a)(2) thereof
−Removed: and applicable state law registration exemptions.
−Removed: The underlying shares of common stock were registered pursuant to an effective Form
−Removed: S-8 Registration Statement filed with the Commission on October 7, 2022.
+Added: forth below are the sales of all securities by the Company during the quarter ended March 31, 2024, which were not registered under the
+Added: Securities Act.
+Added: The Company believes that each of such issuances was exempt from registration under the Securities Act in reliance on
+Added: Section 4(a)(2) of the Securities Act and/or Regulation S under the Securities Act.
UPON SENIOR SECURITIES.
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