Company: FTSP
Filing Date: 2025-02-14
Form Type: 8-K
Source: 0001199835-25-000044
Chunk: 7

Company: FinTrade Sherpa, Inc.
Filing Date: 2025-02-14
Form: 8-K
Item: Item 2.01
Chunk 7
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 costs through proceeds from one
or more additional capital raises, including through public or private offerings of our equity securities. We may seek to access the
public or private equity markets whenever conditions are favorable; however, there can be no assurance that we will be able to raise
additional capital when needed or on terms that are favorable to us, if at all. We currently have no lines of credit or other arranged
access to debt financing. In order to raise sufficient capital in the future, we may need to increase the number of authorized shares
we are permitted to issue under our governing documents.

Human
Capital and Employees

Mark
Walmesley is our sole executive officer and our sole employee. Mr. Walmesley is not obligated to devote any specific number of hours to
our matters and intends to devote only as much time as he deems necessary to our affairs. The amount of time he will devote in any time
period will vary based on the stage of development FinTradeSherpa is in. We presently expect our executive officer to devote such amount
of time as he reasonably believes is necessary to our business.

Additionally,
we will rely on developers to aid in the further development of FinTradeSherpa pursuant to the terms of the Arcterix Agreement as
described under Item 1.01 above, which disclosure is incorporated herein by reference.

Compliance
with Government Regulations

We
operate, or intend to operate, in a complex regulatory environment consisting of U. S. federal and state laws that is rapidly evolving.
These laws cover or will cover, depending on the products and services we may offer in the future, most aspects of our business and include
laws, regulations, rules and guidance relating to, among other things, securities, consumer finance and protection, privacy and data
protection, anti-money laundering and know your customer requirements, and cryptocurrency. For example, certain rules of the SEC may,
if applicable, regulate the products we can offer to our customers or the levels of net capital we are required to maintain. In addition,
other federal and state laws, public policy, and general principles of equity, such as laws prohibiting unfair and deceptive acts or
practices, may apply to our activities. These laws and regulations impact our business both directly and indirectly. Ensuring ongoing
compliance with these laws and regulations imposes, or will likely impose, significant burdens on our business operations.

In
addition, we may become subject to additional legal or regulatory requirements we are not subject to today if laws or