Company: BSAI
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001096906-25-000357
Chunk: 195

Company: BLUSKY AI INC.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 12
Chunk 195
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)Percentage of ownership is based on 2,665,126 common shares outstanding as of March 26, 2025. The number and percentage of shares beneficially owned is determined under the rules of the SEC and the ownership includes any shares as to which the individual has sole or shared voting power or investment power and also any shares, which the individual has the right to acquire within 60 days through the exercise of any stock option or other right.  (2)Mr. Briggs owns 312 shares in his personal name and is considered the beneficial owner of other shares included in this table including those shares that are owned by trusts for which Mr. Briggs serves as trustee or owned by corporations or individuals over which Mr. Briggs has voting control. This includes 624 shares owned by the Debbie Briggs Irrevocable Trust, 314,572 shares owed by the LW Briggs Irrevocable Trust, 406 shares owned by the LWB Irrevocable Trust, 11,686 shares owned by Legends Capital, 2,496 shares owned by Madison, LLC, 965,138 shares owned by Clavo Rico, Inc., 52,858 shares owned by Claymore Management, 1,982 shares owned by Debbie Briggs, 1,982 shares owned by Lynn W. Briggs, 1,560 shares owned by Silverbrook LTD., 1,248 shares owned by Calico, LTD., 1,078 shares owned by Cornerstone Holdings LTD., 515 shares owned by Yellow Jacket, LTD., and 32,929 shares owned by Pine Valley Investments.   (3)Mr. D’Ambrosio, the CEO and a Director of the Company, owns 51 shares of preferred stock with voting rights per share equal to (x) 0.019607 multiplied by the total issued and outstanding shares of Common Stock eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (x) the Numerator. He is also the beneficial owner of 23,201 shares through his wife, Debra D’Ambrosio.

   Amount and      Nature of     Title of Beneficial  Percent of Name and Address of Beneficial Owner Class Ownership (1)  Class (2)          Trent D’Ambrosio (3) Common Stock  393,276   14.76%  Preferred Stock  51   100