Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 428

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 3
Chunk 428
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 606, Portland, OR 97201. Mr. Shum has sole voting
    and investment power over the shares held by Core Fund Management.

    (6)
    Represents
    (i) 9,074,386 shares of common stock owned of record by Nanosha LLC, a company controlled by Sean Fortenot, (ii) currently exercisable
    warrants to purchase 4,458,877 shares of common stock owned of record by Nanosha LLC, and (iii) currently-exercisable stock options to
    purchase 750,000 shares of common stock owned by Nanosha LLC. The address of Nanosha Investments LLC is 1202 Walnut Avenue, Long Beach,
    CA 90813. Mr. Fontenot has sole voting and investment power over the securities held by Nanosha Investments, LLC.

    Item
    13. 
    Certain
    Relationships and Related Transactions, and Director Independence.

A
“related party transaction” is any actual or proposed transaction, arrangement or relationship or series of similar transactions,
arrangements or relationships, including those involving indebtedness not in the ordinary course of business, to which we or our subsidiaries
were or are a party, or in which we or our subsidiaries were or are a participant, in which the amount involved exceeded or exceeds the
lesser of (i) $120,000 or (ii) one percent of the average of our total assets at year-end for the last two completed fiscal years and
in which any related party had or will have a direct or indirect material interest. A “related party” includes:

    ●
    any
    person who is, or at any time during the applicable period was, one of our executive officers or one of our directors;

    ●
    any
    person who beneficially owns more than 5% of our common stock;

    ●
    any
    immediate family member of any of the foregoing; or

    ●
    any
    entity in which any of the foregoing is a partner or principal or in a similar position or in which such person has a 10% or greater
    beneficial ownership interest.

Other
than compensation arrangements for our named executive officers and directors, which we describe herein, the only related party transactions
to which we were a party during the years ended December 31, 2024 and 2023, since December 31, 2024, or any currently proposed related
party transaction, are