What changed in this filing

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Item 5. Market for Registrant’s Common Equity

2026-03-10 compared with 2025-04-15 · 40 added, 38 removed, 18 unchanged (81% of the section changed)

2 unchanged sentences

Market Information

Our common stock is currently quoted on the

OTC Pink tier of the over-the-counter market maintained by OTC Markets Group, Inc.

under the symbol “ SSII.

However, the trading market for our common stock is sporadic and extremely limited.

Moreover, until the review of the Form 15c2-11

which has been filed with FINRA on our behalf is cleared by FINRA (as to which no assurance can be given), our common stock is not

eligible for proprietary broker-dealer quotations on the over-the-counter market and may only be bought or sold in unsolicited

customer orders.

This further limits the trading market for our common stock.

The Company has also applied to list its common stock

on the Nasdaq Stock Market, LLC, although there is no assurance that such application will be approved or that in either case, a

liquid trading market for the common stock will develop and be sustained.

Our common stock is listed on The Nasdaq Stock

Market LLC and commenced trading on April 24, 2025, under the symbol “SSII.” Prior to this listing, our common stock was

quoted on the OTC Pink tier of the over-the-counter market maintained by OTC Markets Group, Inc., where trading was sporadic and extremely

The listing of our common stock on Nasdaq represents

a transition to a national securities exchange, which we believe enhances the visibility of our securities and provides greater access

to institutional and retail investors.

Notwithstanding our Nasdaq listing, there can be no assurance that an active, orderly, or liquid

trading market for our common stock will be sustained, or that the market price of our common stock will not experience significant volatility.

Holders of our Common Stock

As of the date of this Annual Report, we had 193,559,340

shares of common stock issued and outstanding and 343 holders of record of our common stock.

One of these holders is CEDE and Company,

which is the mechanism used for brokerage firms to hold securities in book entry form on behalf of their clients and as of the date of

this Annual Report, they held approximately 15,051,246 shares of common stock for these shareholders.

The payment by us of dividends, if any, in the

future rests within the discretion of our board of directors and will depend, among other things, upon our earnings, capital requirements

and financial condition, as well as other relevant factors.

We have not paid any dividends since our inception and we do not intend to

pay any cash dividends in the foreseeable future, but intend to retain all earnings, if any, for use in our business.

As of the date of this Annual Report, we had 194,356,696 shares of

common stock issued and outstanding (not including 5,774,839 shares issuable in connection with the private placement completed on March

6, 2026 – See “ Item1.

Business – Recent Development ”) and 303 holders of record of our common stock.

of these holders is CEDE and Company, which is the mechanism used for brokerage firms to hold securities in book entry form on behalf

of their clients and as of the date of this Annual Report, they held approximately 42,977,899 shares of common stock for these shareholders.

payment by us of dividends, if any, in the future rests within the discretion of our board of directors and will depend, among other things,

upon our earnings, capital requirements and financial condition, as well as other relevant factors.

We have not paid any dividends since

our inception and we do not intend to pay any cash dividends in the foreseeable future, but intend to retain all earnings, if any, for

use in our business.

Any future dividends will be subject to the discretion of our board of directors and will depend upon, among

other things, our earnings (if any), operating results, financial condition and capital requirements, general business conditions and

other pertinent facts.

Under its bank overdraft facility with HDFC Bank, SSI–India is prohibited from declaring and paying dividends,

which effectively makes us, as a parent holding company, unable to declare and pay dividends as well.

Securities Authorized for Issuance under Equity

1 unchanged sentence

Plan category

securities to

be issued upon

of outstanding

to be issued upon

exercise of outstanding

options, grants

5 unchanged sentences

Equity compensation plans not approved by security holders

(1) Represents

shares of common stock under our 2016 Incentive Stock Plan (the “ 2016 Incentive Plan ”).

As of the date of this Annual Report,

12,142,838 shares of common stock (comprised of 7,767,431 stock options and 4,375,407 stock grants) were issued under the Incentive Stock

As of the date of this Annual Report, an additional 7,213,096 shares of common stock are available for future issuances under the

Incentive Stock Plan.

As of the date of this Annual

Report, 11,647,844 shares of common stock (comprised of 7,739,432 stock options and 3,908,412 stock grants) were issued under the Incentive

The 2016 Incentive Plan (but not awards under the 2016 Incentive Plan) expired on February 1, 2026, in accordance with its

Recent Sales of Unregistered Securities

In March 2024, the Company issued 15,000 shares

of common stock to an investor relations firm for investor relations and digital marketing services.

In August 2024, the Company issued 125,000 shares

to certain doctors/proctors for providing their proctoring/mentoring services.

In December 2024, the Company issued 9,034 shares

of common stock to a marketing advisory services firm for providing dedicated support, production, graphics, post-production and distribution

On October 22, 2025, the Company issued 16,000 shares

of common stock to an advisor in exchange for advisory services to be rendered over a 5-year period.

The total value of such services

The value of services is calculated at the fair market value of shares as of the date of the advisory services contract.

On December 12, 2025, the Company issued 667 shares

of common stock to one individual upon the exercise of warrants previously issued by the Company.

The warrants were exercised at $2.50

per share in accordance with their terms resulting in net proceeds of $2,500 in the Company.

All of the foregoing securities were

issued in accordance with the exemption from registration afforded by Section 4(a)(2) of and/or Regulation D under the Securities Act,

as amended, as the persons receiving such shares having provided the Company with appropriate representations as to their investment intent

and their status as “ accredited investors ” as defined in Rule 501(a) of Regulation D promulgated under the Securities

as amended, as the persons receiving such shares having provided the Company with appropriate representations as to their investment

intent and their status as “ accredited investors ” as defined in Rule 501(a) of Regulation D promulgated under the

Securities Act.

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.

What changed 10-K

Item 5. Market for Registrant’s Common Equity