Company: ORIB
Filing Date: 2025-07-08
Form Type: 10-K
Source: 0001683168-25-004973
Chunk: 9

Company: Orion Bliss Corp.
Filing Date: 2025-07-08
Form: 10-K
Item: Item 1
Chunk 9
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 or accrued to, our director in such capacity.

Stock Plan

We have not adopted a
stock plan but may do so in the future.

Director Independence

Our securities are not
currently traded on any public exchange and as such, we are not currently subject to corporate governance standards of listed companies,
which require, among other things, that the majority of the board of directors be independent. We are not currently subject to corporate
governance standards defining the independence of our directors, and we have chosen to define an “independent” director in
accordance with the NASDAQ Global Market’s requirements for independent directors.

Under the NASDAQ rules,
our current director does not qualify as an independent director.

Granting of Certain Equity Awards Close in Time to the Release
of Material Nonpublic Information

We do not grant equity awards in anticipation of the release of
material nonpublic information that is likely to result in changes to the price of our common stock, and do not time the public release
of such information based on award grant dates. During the last completed fiscal year, we have not made awards to any named executive
officer or director during the period beginning four business days before and ending one business day after the filing of a period report
on Form 10-Q or Form 10-K or the filing or furnishing of a current report on Form 8-K, and we have not timed the disclosure of material
nonpublic information for the purpose of affecting the value of executive compensation.

 9 

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

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS AND MANAGEMENT

Directors and Executive
Officers

The following table sets
forth the beneficial ownership (and the percentages of outstanding shares represented by such beneficial ownership) as of April 30, 2025,
of (i) each director, (ii) the current NEOs named in the “Summary Compensation Table” contained in this Form 10-K and (iii)
all current directors and executive officers as a group. Except as otherwise indicated, we believe that the beneficial owners of the common
stock listed below, based on information provided by such owners, have sole investment and voting power with respect to such shares, subject
to community property laws where applicable. Persons, who have the power to vote or dispose of common stock of the Company, either alone
or jointly with others, are deemed to be beneficial owners of such common stock.