Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: May 2, 2025, we and SemiCab Holdings entered into an equity purchase agreement with SemiCab Inc.
−Removed: pursuant to which:
−Removed: (i) SemiCab Holdings
−Removed: purchased 9,999 shares of the issued and outstanding equity shares, Rs.
−Removed: 10 par value, of SMCB, representing 99.99% of the issued and
−Removed: outstanding equity shares of SMCB, for $1,750,000, the payment of which amount was evidenced by the issuance of a promissory note by
−Removed: us to SemiCab, Inc., and (ii) we purchased the 20% membership interest in SemiCab Holdings then held by SemiCab, Inc.
−Removed: for aggregate consideration
−Removed: consisting of 119,742 shares of our common stock.
−Removed: The acquisition was completed on May 2, 2025.
−Removed: The shares of common stock were issued
−Removed: to SemiCab, Inc.
−Removed: in a private placement transaction that was exempt from the registration requirements of the Securities Act pursuant
−Removed: to Section 4(a)(2) of the Securities Act directly by us without engaging in any advertising or general solicitation of any kind and without
−Removed: payment of underwriting discounts or commissions to any person.
+Added: On August 18, 2025, we
+Added: issued 31,513 shares of common stock to a vendor as consideration for services rendered.
+Added: We completed the offer and sale of these securities
+Added: to an accredited investor in a private placement transaction that was exempt from the registration requirements of the Securities Act
+Added: pursuant to Section 4(a)(2) of the Securities Act without engaging in any advertising or general solicitation of any kind.
Defaults Upon Senior Securities
1 unchanged sentence
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