Item 2. Unregistered Sales of Equity Securities
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
(a) Recent
Sales of Unregistered Securities
Reference
is made to the disclosure set forth in “ Part I, Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations— Liquidity and Capital Resources ,” under the sub-heading “ Induced
Warrant Exercise Transactions ”, which describes our issuance and sale of ordinary shares to investors upon exercise of existing
warrants, and our issuance and sale of new warrants to investors and placement agent warrants to H.C. Wainwright, in the induced warrant
exercise transaction that was completed on May 18, 2026.
Reference
is furthermore made to the disclosure set forth in “ Part I, Item 2. Management’s Discussion
and Analysis of Financial Condition and Results of Operations— Liquidity and Capital Resources ,” under the sub-heading
“ Issuance of, and Conversions Under, A&R Sponsor Promissory Note, ” which describes
our issuance and sale of ordinary shares to the Moringa sponsor upon conversion of amounts outstanding under the A&R Sponsor Promissory
Note.
The
foregoing descriptions are incorporated by reference in this Part II, Item 2(a).
All
such issuances and sales of securities referenced in this Part II, Item 2(a) were effected in transactions that were not registered under
the Securities Act, in reliance on Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D under the Securities Act.
(b)
Use of Proceeds from Initial Registered Offering
The
Company’s initial registration statement that became effective under the Securities Act was its registration statement on Form S-4
(SEC File Number 333-279281), which was declared effective by the SEC on July 16, 2024. That registration statement was in respect of
the Business Combination, which met the definition of a business combination under Rule 145(a) of the Securities Act. Accordingly, under
paragraph (d)(1) of Rule 463 of the Securities Act, no disclosure is required with respect to any use of proceeds of any offering proceeds
(if any) related to that registration statement.
ITEM
3. DEFAULTS UPON SENIOR SECURITIES.
None.
ITEM
4. MINE SAFETY DISCLOSURES.
Not
applicable.
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