Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 352

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 2
Chunk 352
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 agreement of Nanosha to extend the maturity date of our promissory note from May 30, 2024 to August 31, 2024 and on August 31,
2024, we issued to Nanosha a five-year warrant to acquire 300,000 shares of common stock with an exercise price of $3.80 per share in
consideration for the agreement of Nanosha to extend the maturity date of our promissory note from August 31, 2024 to December 31, 2024.

On
December 15, 2024, we entered into an exchange subscription agreement with Nanosha pursuant to which Nanosha exchanged (i) the promissory
note we issued to Nanosha on February 12, 2024 in the principal amount of $1,000,000, and (ii)
the warrants we issued to Nanosha on May 30, 2024 and August 31, 2024 for the purchase of an aggregate of 600,000 shares of common stock,
for (a) 500,000 shares of common stock and (b) a five-year warrant to purchase an aggregate of 2,258,877 shares of common stock for a
purchase price of $2.00 per share. In connection with such exchange, we paid accrued interest on the exchanged promissory note in the amount of $105,918
in cash.

    Item
    14. 
    Principal
    Accountant Fees And Services.

Audit
Fees

The
aggregate fees billed for professional services rendered by RBSM LLP, our principal accountants for the years ended December 31, 2024
and 2023, for the audit of financial statements, quarterly reviews of our interim financial statements and services normally provided
by the independent accountant in connection with statutory and regulatory filings or engagements for these periods were as follows:

    For
the Years ended December 31, 

    2024  
    2023 
  
    Audit Fees and Audit Related Fees  
    $ 45,000  
    $45,000 
  
    Tax Fees  
     -  
     - 
  
    All Other Fees  
     -  
     - 
  
    Total  
    $45,000  
    $45,000 

In
the above table, “audit fees” are fees billed by our company’s external auditor for services provided