Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 426

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 3
Chunk 426
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 We did not pay any cash compensation to our directors during the year ended December 31, 2024. However, we intend to
implement a cash compensation program for our board members in the future.

Equity
Awards. We did not grant any compensatory equity awards to our directors during the year ended December 31, 2024. However,
we intend to implement a program for the grant of equity awards to our board members in the future.

Pension
and Retirement Plans

Currently,
we do not offer any annuity, pension or retirement benefits to be paid to any of our officers, directors or employees, in the event of
retirement.

    Item
    12. 
    Security
    Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The
following table sets forth, as of March 15, 2025, the names, addresses and number of shares of common stock beneficially owned by (i)
all persons known to our management to be beneficial owners of more than 5% of the outstanding shares of our common stock, (ii) each
director of our company, (iii) each named Executive Officer and (iv) all executive officers and directors of our company as a group (except
as indicated, each beneficial owner listed exercises sole voting power and sole dispositive power over the shares beneficially owned):

    Name and Address of Beneficial Owner 
    Amount and Nature of Beneficial Ownership  
    Percent of Class(1) 
  
    Michael Campbell(2) 
     13,066,667  
     36.2%
  
    Joel Stone(3) 
     583,333  
     1.6%
  
    Dean Skupen(4) 
     325,000  
     0.9%
  
    Steven Shum(5) 
     565,010  
     1.6%
  
    Sean Fontenot(6) 
     14,283,263  
     39.5%
  
    All executive officers and directors as a group 

    (5 persons) 
     28,823,273  
     79.8%

    (1)
    As
    of March 15, 2025, there were 25,730,540 shares of common stock outstanding. Except as indicated in the footnotes to this table, we believe
    that all persons named in the table have sole voting and investment power